Spanish satellite operator Hispasat, now majority owned by infrastructure business Restel, has bought a 10.85 per cent stake in Grupo Sylvestris, a reforestation initiative backed by the Repsol Foundation. Its ‘Green Engine’ scheme, with Hispasat’s involvement, was agreed last year and now confirmed by lawyers acting for Hispasat. Hispasat and Repsol have an agreement to […]
Madrid-based satellite operator Hispasat, which is now 89.68 per cent owned by Red Eléctrica (REE), earned a net profit of €14.4 million in the first half of this year compared to €0.2 million the previous year. Total turnover was €85.5 million, an increase of 6.7 per cent compared to the previous year, and EBITDA reached […]
Red Eléctrica Corporación bought Madrid-based satellite operator Hispasat from infrastructure company Abertis in February 2019. The price for the acquisition of 89.68 per cent of Hispasat’s share capital amounted to €933 million. On October 3th 2019 payment was made for the transaction and the Red Eléctrica Group took control of Hispasat. Hispasat latest numbers show […]