Redeia Corporación, S.A. (RDEIY) Q2 2026 Earnings Call Transcript

Good morning, ladies and gentlemen. We are going to begin our earnings presentation for the first half of 2026. We'd like to welcome everyone who's joining us on the phone and on our webcast. Joining us today, we have Roberto García Merino, Chief Executive Officer; Carlos Puente, Corporate Director, Strategy and Diversification; and Emilio Cerezo, Corporate Chief Financial Officer. I'll now hand over to our Chief Executive Officer, Roberto García Merino. Roberto GarcÃa Merino CEO & Executive Director Thank you, Sal. And thank you, everyone, for joining us in this earnings presentation for the first half of the year. Allow me to begin by referring to the environment in which the company is carrying out its business and the most significant milestones in the period. And then our Corporate Director of Strategy and Diversification will discuss the main metrics and the progress made in our strategic projects. Afterwards, our CFO will go into greater detail on the numbers for the period before we conclude by reminding you of our view for the 2026 year-end. Let me begin by giving you a bit of context about the company's activities, a key sector for the energy transition marked by electrification, the integration of renewables and the need to guarantee a secure, efficient and resilient grid. In the last months, we have entered a particularly relevant stage of the electricity