Redeia allocated 40% of its investments in the last decade to businesses outside of the Spanish electricity grid, which is now collapsed
Redeia has invested a significant portion of its resources outside the Spanish electricity grid, contributing to the current crisis affecting the network.
Indra closes the purchase of 89.68% of Hispasat and promotes the satellite operator's CEO as director of Indra Space
Spanish technology company Indra has completed its acquisition of 89.68% of Hispasat from Redeia for 725 million euros, following the fulfillment of conditions set in the agreement.
Indra executes the payment of 725 million for Hispasat before the end of the year
Indra has formalized the payment of 725 million euros for the acquisition of a 89.68% stake in Hispasat, a satellite manager previously controlled by Redeia, before the end of 2025.