Redeia gains 5% more in the midst of investor frenzy
The group is investing heavily in Red Eléctrica, the focus of criticism for the saturation of power lines in Spain, which does not prevent it from increasing its profit to 410 million and continuing to pay juicy dividends.
Redeia, the group managing Spain's high-voltage electricity grid, Red Eléctrica, has reported a profit of 410 million euros for the first nine months of 2026, a 5.3% increase. The company has increased its investments by 19.3% to 1.139 billion euros, with 96% going to Red Eléctrica, as it faces criticism over grid congestion. Despite this, Redeia's revenues rose 7.2% to 1.3524 billion euros. The company has declared an interim dividend of 0.2040 euros per share, payable on January 7, 2027.
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