Amancio Ortega becomes the main private shareholder of Red Eléctrica in full controversy over the blackout

The private investment fund BlackRock, the largest in the world, has sold a small part of its shareholding in the capital of Redeia, the holding company of which is subsidiary Red Eléctrica de España. The movement occurs when the electric operator is at the center of the controversy over the big blackout, and the sale of the US group (which goes from owning 5,02% of the capital to 4,992%) makes Amancio Ortega the company's main private sharehold…

Jorge Sanz Casillas.- This Friday morning, as the sky opened in Madrid, we heard that the investor BlackRock reduced her participation in Redeia (Electric Network for friends) from 5,02 % to 4,992 %. So far everything normal, seems little, but this movement has meant losing the second position in the [...]

The world's largest asset manager slightly lowers its position in the capital of Red Eléctrica's parent company, but enough to leave Amancio Ortega as the largest private shareholder.

The founder of Inditex, which owns 5% of the capital, outstrips BlackRock after the sale of part of its shares two days after the power outage

The State, through SEPI, remains the main shareholder with 20 %