Redeia : Everything under control at the control centre… cautious stance reiterated
>Reassuring messages on future investments - Redeia held yesterday an analysts meeting in Madrid with the management team (CEO, CFO) which included a tour to the Electricity (CECOEL) and Renewable Energies (CECRE) Control Centres. While no significant new announcements were made, we highlight the following reassuring messages: i/ TSO investments in 2022 will comfortably exceed € 500m (in line with our estimates, € 273m in 9M 2022); ii/ future investments in domestic r...Red Electrica is engaged in the transmission of electrical energy, the operation of the system and the management of the transmission network in the Spanish electricity system. In addition, through its subsidiaries, Co. is engaged in the acquisition, holding and management of foreign securities, co-ordination of international exchanges, provision of telecommunications services for third parties, provision of consultancy, engineering and construction services outside the Spanish electricity system, securing of funds, carrying out of financial transactions and provision of financial services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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