CDP Reti


CDP Reti S.p.A. is an Italian holding company. It is a joint venture of Cassa Depositi e Prestiti, State Grid Corporation of China and other investors.
The company owned 28.98% shares of Snam and 29.85% shares of Terna, as the largest shareholders.
In 2014 Cassa Depositi e Prestiti, the Italian state-owned investment bank, sold 35% shares of CDP Reti to State Grid Corporation of China, a state-owned company of China, for €2.1 billion. CDP also sold an additional 3.26% shares to banking foundations, most of which already were a minority shareholders of CDP.
In 2015 the company issued senior unsecured bond to raise €750 million.

Shareholders of CDP Reti