Redeia Corp U/Adr (RDEIY) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.076 Good morning, ladies and gentlemen. We're now going to start our presentation of the 00:00:05.076 -- 00:00:10.241 earnings from the first half of 2025. So welcome, everyone who's following us by 00:00:10.241 -- 00:00:15.306 telephone and on our website. Along with us today, we have Roberto Garcia Merino, our 00:00:15.306 -- 00:00:20.472 CEO, and Emilio Cerezo, our CFO. So I'll hand over 00:00:20.472 -- 00:00:25.090 now to our Chief Executive Officer. Good morning, everyone, and welcome. 00:00:25.090 -- 00:00:27.072 Thank you for attending this presentation. 00:00:27.072 -- 00:00:32.678 Today we want to share the most significant milestones of the first half of 2025 with 00:00:32.678 -- 00:00:37.323 you, looking at Renea's performance and all the results achieved by the group during 00:00:37.323 -- 00:00:42.508 the period. And we'll wrap up the presentation with our vision for 2025. 00:00:42.508 -- 00:00:46.433 And you may remember that's the last year of our current strategy plan. 00:00:46.433 -- 00:00:51.178 At the end of the presentation, we'll have a Q&A so we can address any questions you 00:00:51.178 -- 00:00:53.378 might have. 00:00:53.693 -- 00:00:58.780 So, I'd like to start by identifying the highlights of 00:00:58.780 -- 00:01:04.106 the period. Firstly, as you're all aware, at the end of April there was a 00:01:04.106 -- 00:01:09.453 total power outage on the peninsula mainland, which I'll discuss in greater detail 00:01:09.453 -- 00:01:14.059 later, but once again it highlighted the importance of electricity grids and the need 00:01:14.059 -- 00:01:19.040 to strengthen the electricity system with additional flexibility tools. 00:01:19.040 -- 00:01:23.305 and that's why we're continuing to boost our investments in the na...