The fund manager BlackRock has reduced its participation in Redeia, Electric Red Matrix, 5,020% to 4,992%, making it lose the position as the second largest shareholder of the company that now falls on Amancio Ortega, according to the records of the National Securities Market Commission (CNMV).
Redeia is participated in 20% by the State through the State Society of Industrial Participations (SEPI) And, now, the following major shareholder is the Galician businessman, who, through Pontegadea investmentsIt has 5% of it.
Redeia falls about 4% after the blackout
The Redeia action The 3.78% of its bag value and thus remains penalized in the stock market after the blackout.
All after the company published last Wednesday, with the already closed market, its accounts corresponding to the first quarter of 2025, when it obtained a net profit of 137.8 million, which represents an increase of 4.2% with respect to the same period of the previous year.
The causes of the blackout could take months to clarify due to the complexity of the electrical system
The Red Electrica matrix suffered last Monday the “severe accident“That affected the normal functioning of the electrical system of the Iberian Peninsula, dragging a blackout for much of that day.
In this regard, the company indicates that, from the first moment, the group together with other companies in the sector “focused all efforts in a coordinated manner to replace the electricity supply throughout the peninsular territory as soon as possible.”
Now, after restoring the supply, the company indicates that it is “immersed in the process of identifying the possible causes that produced said incident, collecting and analyzing all possible data, both internal and external of other agents, in order to specify the conclusions of the events that occurred on April 28”.
The second largest fall of Ibex 35
At stock closure, Each Redeia title has lost 0.7 euros, that 3.78%the second largest fall in Ibex 35, up to 17.8 euros. In the year there is still a 9.18 %rise.
The company manages the entire high voltage electricity transport network and helps to pass the electricity generated in the different plants or plants to the substations. Last Friday, in the session prior to the blackout, their actions closed to 19,14 euroswhich implies a 7% drop in the stock market.
In addition to Redeia, other electrical and energy companies led the losses of the Spanish Stock Exchange.
So, Solaria dropped 4.04% (greater fall in Ibex); Act energy 3.04% (third largest fall in Ibex); Enagás 1.31% (fifth); Endesa 1.06%, Naturgy 0.99%, Iberdrola 0.66% and Act 0.62%.
