Overview

• Redeia reported a net profit of €269.5 million for January–June, matching last year while EBITDA rose 2.8% to €636 million.
• Revenues increased 2.7% to €811.9 million for the period and reached €843.3 million including affiliates.
• The company invested €602.7 million in the first half, with Spanish network spending up 41% to €517 million and a target of over €1.4 billion for 2025.
• Regulators at the CNMC continue probing the April 28 blackout and Redeia has booked no related costs so far.
• Redeia upheld its dividend strategy by distributing a total of €0.80 per share for the 2024 financial year.