Redeia Investor Relations Material

Red Electrica Corporacion S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. It is involved in the development, construction, operation, and maintenance of fixed assets; and regulation activities, such as the coordination of production, consumption and transport of energy through electricity networks. The company is also involved in the provision of services to third parties; traffic control of energy from renewable sources; production of electrical energy from renewable sources; export and import of electric energy; leasing of land for energy projects; agency activities; representation activities with producers and consumers of electricity operating in the IBEX or markets outside Spain; and develop cloud computing applications. In addition, it is engaged in repowering process, which consists in changing existing wind turbines with new ones that have higher unit power.