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Red Electrica Corporaci A. - Company Profile Snapshot

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Company Profile: Red Electrica Corporaci A.
Ticker: REE
Exchanges: BCN MAD
2008 Sales: 1,125,900,000
Major Industry: Utilities
Sub Industry: Electric Power Companies
Country: SPAIN
Employees: 1594

Business Description
Red Electrica Corporaci A. Formerly knwn as Red Electrica de Espana, S.A.. The Group's principal activities are related to the transmission of electricity which comprise principally of the planning, operation, construction and maintenance of the transmission installations, the distribution of power, as well as activities related to the operation and management of the transmission network system. The Group will also continue to manage agreements for the exchange of power with other European Union and international electricity systems. The Group also provides high-capacity and high-quality broadband circuits alongside a wide range of Internet services and solutions.

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