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ESG Evaluation: Red Eléctrica Corporación

Red Eléctrica Corporación manages electricity transmission grids (85% revenue in 2021) in Spain, Peru, Chile, and Brazil, telecommunications networks including dark fiber leasing and maintenance, and satellite communication systems (combined, 15% revenue in 2021) in Spain and internationally. The ESG Evaluation of 82 reflects our view that Red Eléctrica is a key player in the energy transition and can help Spain meet its renewable energy generation and emission reduction targets by 2030.