The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Utilities > Electric Utilities > Red Eléctrica de España, S.A.

Red Eléctrica de España, S.A.
 PROFILE
Ready or not, utility deregulation is here. In Spain, Red Eléctrica de España (REE) operates and coordinates the electrical transmission grid in the newly competitive marketplace; it also handles international energy agreements. REE's system includes more than 18,500 kilometers of high-voltage transmission lines and about 125 substations. Using surplus capacity on its fiber-optic network (which runs alongside its power lines), REE is looking to offer telecom services. The firm is also expanding into Eastern Europe, the Mediterranean area, and Latin America, and it owns 30% of Peru's REDUSUR, which builds power lines and substations in southern Peru. SEPI, a Spanish-government holding group, owns about 29% of REE.

 COMPETITION
Endesa S.A. (ELE)
Iberdrola S.A. (IBE)
Unión Eléctrica Fenosa, S.A. (UNF)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 529.30
1-Yr. Sales Growth: (3.2)%
Employees: 981
Revenue per employee: $539,551.48

 KEY PEOPLE
• Pedro Mielgo Álvarez
    CEO
• D. Fernando Aranguren González-Tarrio
    CFO

 CONTACT INFO
Paseo del Conde de los Gaitanes, 177
28109 Madrid, Spain
Phone: 34-91-650-85-00
Fax: 34-91-650-45-42
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001