Overview

• The government has formally ratified Beatriz Corredor as president of Redeia despite scrutiny over the nationwide power outage on April 28.
• Redeia’s board will propose Arancha González Laya as the state holding company SEPI’s representative on the administration council.
• Independent director positions are earmarked for energy specialist Natalia Fabra and former Catalan official t CasteCastellanos Maduell.
• José María Abad Hernández, aligned with the PP, is slated for re-election as an independent member of the board.
• The June 30 shareholders’ vote will determine these appointments as part of efforts to rebalance political influence among PSOE, PP, ERC.