José Javier Ruiz's questions to Red Electrica Corporacion SA/ADR (RDEIY) leadership • Q2 2022
Question
José Javier Ruiz from Barclays asked about Redeia's collaboration with the Spanish government and regulators to accelerate the permitting process for its investment plan, drawing parallels to efforts in the renewables sector.
Answer
CEO Roberto García Merino confirmed that Redeia is actively working with the ministry, the CNMC, and autonomous regions to improve and speed up the permitting process. He noted that the company is sharing its expertise and looking at international examples, such as legislative changes in Germany, as potential models for Spain to shorten project timelines and meet strategic objectives.