Elewit, Redeia’s technology platform, will invest €40 million in innovation over the next four years as part of Redeia’s recently unveiled Strategic Plan through 2029.
The plan identifies technological innovation and digitalisation as key drivers of efficiency and transformation across the group, particularly for the activities carried out by Red Eléctrica. Within this framework, Elewit will focus on accelerating the implementation and deployment of technological solutions aimed at improving operational efficiency while driving Redeia’s digital and cultural transformation. These initiatives will also strengthen technology scouting by fostering innovation at earlier stages, enabling the company to anticipate future challenges.
This strategic approach will translate into innovation initiatives applied to power system operation, as well as the development and maintenance of the electricity transmission network. Strengthening the power system and enhancing cybersecurity are also key pillars of the plan, with the objective of increasing resilience.
To achieve these goals, Elewit’s innovation model will facilitate the adoption of new technologies that continue to support the energy transition while advancing more digital, efficient and sustainable infrastructure.
Elena de Benavides, Director of Elewit and Chief Innovation & Technology Officer (CITO) at Redeia, said: “Elewit is entering a new phase that builds on the work we have carried out in recent years while further strengthening innovation as one of the company’s key strategic priorities.” She added: “We want to continue promoting technology and innovation as essential tools to transform our business, improve operational efficiency and address the major challenges of the energy transition and digitalisation.”
A Strong Track Record of Innovation and Growth
Over recent years, Elewit has established itself as an increasingly important player in developing innovative solutions that support the energy transition and digitalisation.
In 2025, the company deployed 16 new technological solutions across Redeia’s subsidiaries, including Red Eléctrica and Reintel, representing a 23% increase compared with the previous year. It also managed 62 projects—seven of them public-private R&D collaborations—and promoted 132 innovation initiatives.
In terms of investment, Elewit channelled €10.6 million into innovation and technological development during 2025. This included investments in startups, bringing its Corporate Venture Capital (CVC) portfolio to 10 companies, while also supporting proprietary innovation projects and the development of new technological capabilities across the group.
At the same time, Redeia’s technology subsidiary further strengthened its open innovation ecosystem, which expanded by 29% during the year with the addition of new partners and collaborators, reaching a total of 168 active partnerships by year-end. This ecosystem plays a key role in identifying emerging trends and talent, accessing cutting-edge technologies, and accelerating co-creation and knowledge exchange. It brings together startups, entrepreneurs, universities, technology centres, public institutions and industrial partners.
During its first six years of operations, Elewit has managed an average of 64 projects annually, deployed 66 technological solutions across Redeia’s business areas and accumulated €96 million in innovation and technological development investment, among other milestones.About Elewit
Elewit is Redeia’s technology platform. Redeia is a global operator of essential infrastructure, and Elewit was established in 2019 to address the emerging challenges facing the electricity and telecommunications sectors. Its mission is to accelerate both the energy and digital transitions, contributing to the development of a more sustainable future.
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