To estimate the Net Debt / EBITDA ratio for 2022 for Redeia Corporación S.A. using the S&P methodology, we follow these steps:

### 1. Calculation of EBITDA
EBITDA is generally calculated as "Profit Loss From Operating Activities" plus "Depreciation And Amortisation Expense."
*   **Profit Loss From Operating Activities (2022):** 961,554,000 EUR
*   **Depreciation And Amortisation Expense (2022):** 544,992,000 EUR
*   **EBITDA:** 961,554,000 + 544,992,000 = **1,506,546,000 EUR**

### 2. Calculation of Net Debt
Under S&P methodology, Net Debt is typically defined as total interest-bearing debt minus cash and cash equivalents.
*   **Long-term Borrowings (2022-01-01):** 5,896,170,000 EUR
*   **Current Borrowings And Current Portion Of Noncurrent Borrowings (2022-01-01):** 1,391,722,000 EUR
*   **Total Debt:** 5,896,170,000 + 1,391,722,000 = **7,287,892,000 EUR**
*   **Cash And Cash Equivalents (2022-01-01):** 1,574,427,000 EUR
*   **Net Debt:** 7,287,892,000 - 1,574,427,000 = **5,713,465,000 EUR**

*(Note: The data provided reflects the position at the start of 2023, which represents the year-end 2022 balance sheet position.)*

### 3. Ratio Calculation
*   **Net Debt / EBITDA:** 5,713,465,000 / 1,506,546,000 ≈ **3.7924**

<answer>3.7924</answer>