Rafael Miranda Robredo

DEFINITION of 'Rafael Miranda Robredo'

A former CEO of Spanish electricity company Endesa. Born in Spain in 1949, Roberdo worked for Tudor and Campofrio before joining Endesa in 1987 as a managing director. In 1997 he became Endesa's CEO. In 1998, Spain began deregulation of its electricity sector, and Roberdo had to reinvent the company under changing market conditions.

BREAKING DOWN 'Rafael Miranda Robredo'

The firm, once fully state-owned under the Instituto Nacional de Industria, became privately owned in 1998. Roberdo helped it expand abroad to Latin America, where electricity demand was growing faster than it was in Spain. Endesa has a dominant market share in Spain, Chile, Argentina, Colombia and Peru. It also provides natural gas and renewable energy in Spain.

RELATED TERMS
  1. Matador Bond

    A term used to identify a foreign bond issued in Spain by a company ...
  2. Madrid Stock Exchange (MAD) .MA

    The largest securities market in Spain, also known as the Bolsa ...
  3. Sprexit

    Sprexit, or SPanish euRo exit, is the possible case of Spain ...
  4. Deregulation

    The reduction or elimination of government power in a particular ...
  5. Electric Utilities Industry ETF

    An exchange-traded fund that invests in companies which generate ...
  6. Qualified Electric Vehicle

    An electric vehicle that qualifies the owner to claim a nonrefundable ...
Related Articles
  1. Personal Finance

    Spain's Economics: 3 Troubling Similarities to Greece

    Discover why the Spanish economy continues to suffer from devastating unemployment figures, and why a serious approach to growth and debt problems is needed.
  2. Investing

    (AES) Who Are AES Corporation's Main Competitors?

    Learn about AES Corporation and which companies are its main competitors in the utilities sector. Receive a brief summary of each company.
  3. Retirement

    How Much Money Do You Need to Retire in Spain?

    A soft Spanish real-estate market and the strong U.S. dollar make Spain considerably more affordable for American retirees than most of the United States.
  4. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in Spain (QESP, SAN)

    Discover three of the most widely traded exchange traded funds (ETFs) that offer investors exposure to major companies in the economy of Spain.
  5. Investing News

    France and Spain Grew at a Faster Pace in Q1

    France and Spain's economies have grown at a faster pace than expected, indicating that the euro area is picking up momentum.
  6. Stock Analysis

    The Hottest Market In Europe: Still a Bargain?

    With a 23% spike since Labor Day, the Spanish stock market may be the hottest in the world right now.Considering that Spain has one of the world's highest unemployment rates (exceeding 25%), ...
  7. Mutual Funds & ETFs

    The Top 5 ETFs to Track the IBEX 35 for 2016 (EWP, HEWP)

    Discover what the available ETF choices are for investors seeking exposure to the Spanish stock market that corresponds to the benchmark IBEX 35 Index.
  8. Investing

    Inside Spain's Consolidation Program

    Governments in the eurozone have been cutting almost everything these days. Discover if the strategy is working.
  9. Stock Analysis

    For BBVA, Does More Spain Mean More Pain?

    BBVA still faces serious risks in Spain, but management's approach appears undervalued
  10. Trading Strategies

    General Electric: Good News/Bad News

    General Electric is generous to its shareholders, but that's not the only factor to consider.
RELATED FAQS
  1. How can electricity be traded as a commodity by an individual investor?

    Learn the characteristics unique to electricity trading as a commodity and how investors can trade electricity futures on ... Read Answer >>
  2. What is the best way to get exposure to electric cars when investing in the automotive ...

    Learn more about the electric vehicle industry and what investment opportunities are available among auto manufacturers and ... Read Answer >>
  3. How does a change in CEO impact stock price?

    Learn what effect hiring a new CEO has on the value of a company's stock. Explore which factors are most likely to influence ... Read Answer >>
  4. What are examples of some of the major global companies in the utilities sector?

    Learn some helpful information about the three largest electric utility companies in the world, as measured by market capitalization. Read Answer >>
  5. How many different types of utility stocks are there?

    Learn more about utility stocks and about some of the differences between different kinds of utility companies, including ... Read Answer >>
  6. How strongly does government regulation impact the utilities sector?

    Read about the impact of government regulation on the utilities sector, particularly as is pertains to the water and electricity ... Read Answer >>
Hot Definitions
  1. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  2. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  3. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  4. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
  5. Sharing Economy

    An economic model in which individuals are able to borrow or rent assets owned by someone else.
  6. Unlevered Beta

    A type of metric that compares the risk of an unlevered company to the risk of the market. The unlevered beta is the beta ...
Trading Center