Red Eléctrica de España (Spanish pronunciation: [reð eˈleɣtɾika ðe esˈpaɲa]; REE) is a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, where it operates the national power transmission system.

In collaboration with Empresa Nacional de Electricidad (ENDE), they ensure that advances in the quality of the electrical grid have been made and there are no current problems.

They display a strong concern for their impact on the environment, as they are extremely cautious about keeping in line with strict environmental standards.

The Bolivian Government has invested a lot of time and money into the nationalization of this expansive Spanish company, and is working towards improvements on the subsidiary, as long with compensation as well.

On 1 May 2012, the Bolivian government announced its plans to nationalise REE's subsidiary in the country, Transportadora de Electricidad (TDE).

We trust the Bolivian authorities will fully uphold their investment agreements with Spain and ensure prompt and adequate compensation for this expropriation.

"[15] The vice president of the Spanish business confederation CEOE, Arturo Fernandez, said that "Spain seems to be the film bad guy as other foreign investors aren't going through a similar situation in the region.

"[8] For its part, Bolivian Vice President Álvaro García Linera said, on a visit to the U.K., that "we're just fulfilling the promise we made when we were elected, to recover all these areas that were in the hands of the state before these privatisations.