Edition:
India

Red Electrica Corporacion SA (REE.MC)

REE.MC on Madrid SE C.A.T.S.

18.35EUR
17 Sep 2019
Change (% chg)

€0.35 (+1.97%)
Prev Close
€18.00
Open
€18.06
Day's High
€18.36
Day's Low
€18.01
Volume
186,193
Avg. Vol
1,431,232
52-wk High
€20.48
52-wk Low
€16.74

Latest Key Developments (Source: Significant Developments)

Red Electrica Corporacion H1 Net Profit Up At 362.2 Mln Euros YoY
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Red Electrica Corporacion SA ::SAYS H1 EBITDA 779.4 MILLION EUROS VERSUS 776.8 MILLION EUROS YEAR AGO.SAYS H1 NET PROFIT 362.2 MILLION EUROS VERSUS 357.0 MILLION EUROS YEAR AGO.SAYS H1 REVENUE 993.1 MILLION EUROS VERSUS 990.3 MILLION EUROS YEAR AGO.  Full Article

Red Electrica CEO says some regulatory proposals not supporting Spain's energy goals
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Red Electrica Corporacion SA CEO Roberto Garcia Merino ::Some regulatory proposals on fixed returns do not support meeting Government energy goals.  Full Article

Red Electrica Formalizes Line Of Credit Agreement For EUR 500 Mln Over Five Years
Wednesday, 12 Jun 2019 

June 12 (Reuters) - Red Electrica Corporacion SA ::FORMALIZES LINE OF CREDIT AGREEMENT FOR EUR 500 MILLION OVER FIVE YEARS, WITH POSSIBILITY OF EXTENSION FOR UP TO SEVEN YEARS.LOAN IS INTENDED TO PARTIALLY FINANCE ACQUISITION OF SHARES REPRESENTING 89.68% OF HISPASAT.  Full Article

Red Electrica Appoints Roberto Garcia Merino As New CEO
Monday, 27 May 2019 

May 27 (Reuters) - Red Electrica Corporacion SA ::BOARD ADOPTS REMOVAL OF JUAN FRANCISCO LASALA BERNARD AS CEO.BOARD APPOINTS GARCIA MERINO AS NEW CEO.  Full Article

Red Electrica Sees EBITDA Margin At Average 76 Pct For 2018-2022 Period
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Red Electrica Corporacion SA ::SEES EBITDA MARGIN AT AVERAGE OF 76 PERCENT IN 2018-2022 PERIOD.SEES DIVIDEND POLICY AT 1.05 EUROS PER SHARE FOR 2019, AND AT LEAST 1 EURO PER SHARE FOR 2020-2022.  Full Article

Red Electrica FY Net Profit Up 5.2 Pct At 704.6 Mln Euros YoY
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Red Electrica Corporacion SA ::FY NET PROFIT 704.6 MILLION EUROS VERSUS 669.8 MILLION EUROS YEAR AGO.FY EBITDA 1.54 BILLION EUROS VERSUS 1.52 BILLION EUROS YEAR AGO.FY REVENUE 1.95 BILLION EUROS VERSUS 1.94 BILLION EUROS YEAR AGO.  Full Article

Red Electrica Proposes Gross Complimentary Dividend Of 0.7104 Eur/Shr
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Red Electrica Corporacion SA ::TO PROPOSE GROSS COMPLIMENTARY DIVIDEND OF 0.7104 EUROS PER SHARE TO BE PAID ON JULY 1.  Full Article

Red Electrica Sees Investment In Renewables To Represent 25.5 Pct Under New Strategic Plan
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Red Electrica Corporacion SA ::SAYS INTEGRATION OF RENEWABLES WILL BE THE MAIN INVESTMENT VECTOR, REPRESENTING 25.5 PCT OF THE TOTAL INVESTMENTS.SEES TO INVEST 6 BILLION EUROS AS PART OF ITS NEW STRATEGIC PLAN.  Full Article

Red Electrica To Work On Third Power Link Between Spain And Morocco
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Red Electrica Corporacion SA ::WINS DEAL WITH MOROCCAN COUNTERPART ONEE TO STUDY AND ANALYSE THIRD POWER LINK BETWEEN SPAIN AND MOROCCO.INVESTMENT AMOUNTS TO 150 MILLION EUROS, OF WHICH 75 MILLION EUROS CORRESPONDS TO SPAIN.PROJECT COMMISSIONING SHOULD BE READY BEFORE 2026.THE POWER LINK COULD PRODUCE REVENUES FOR SPANISH ELECTRICITY SYSTEM OF 140 MILLION EUROS FROM TOLLS AND RENTS.  Full Article

Red Electrica Reached Deal With Bow Power To Buy CCNCM For $205 Mln
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Red Electrica Corporacion SA ::SAYS REACHED AGREEMENT WITH BOW POWER TO ACQUIRE 100 PERCENT OF CCNCM FOR $205 MILLION.  Full Article