Redeia Corporación, S.A. (RDEIY) This autumn 2025 Earnings Name February 26, 2026 5:30 AM EST
Firm Members
Beatriz Sierra
Roberto GarcÃa Merino – CEO & Govt Director
Emilio Cerezo Díez
Convention Name Members
Flora Trindade – Banco BPI, S.A., Analysis Division
Javier Suarez Hernandez – Mediobanca – Banca di credito finanziario S.p.A., Analysis Division
Ignacio Doménech – JB Capital Markets, Sociedad de Valores, S.A., Analysis Division
Gonzalo Sánchez-Bordona – UBS Funding Financial institution, Analysis Division
Fernando Garcia – RBC Capital Markets, Analysis Division
Presentation
Operator
Good morning, girls and gents. We’re beginning our earnings name for 2025 and the brand new technique plan for the interval 2026 -2029. We welcome to all attendance by way of phone and our internet web page. With us are Beatriz Corredor, Chair of the Board of Administrators; Roberto Garcia Merino, Chief Govt Officer; and Emilio Cerezo, Chief Monetary Officer. I now give the ground to our Chairwoman, Beatriz Corredor.
Beatriz Sierra
Thanks very a lot, and good morning, everybody. First, I’ll begin by highlighting probably the most notable occasions of 2025, after which our CEO, Roberto, will go deeper into the 12 months’s figures and talk about the shut of the monetary 12 months. I’ll later check with the atmosphere by which the Board of Redeia brings this technique plan. And as soon as extra, Roberto will go into deeper element on it. And as ordinary, we are going to conclude with a question-and-answer interval to deal with any of your queries or issues.
So. as I mentioned, let’s get began with the 2025 highlights. From an operational viewpoint, we are able to say we have made nice progress with a report of investments in TSO, exceeding EUR 1.5 billion or 40% greater than in 2024, a report determine in our 41-year historical past. And it is nearly a fourfold improve within the funding fee in practically 4 years. This effort consists of the EUR 1.4 billion invested within the transmission community with 486 further
