CDP Reti
|
Native name
|
CDP Reti S.p.A. |
|---|---|
| majority state-owned Società per Azioni | |
| Industry | holding company |
| Founded | 2012 |
| Headquarters | Rome, Italy |
|
Key people
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| Profit |
 €189.097 million (2014) |
| Total assets |
 €5.037 billion (2014) |
| Total equity |
€3.534 billion (2014) |
| Owner |
|
| Parent |
|
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 bank foundations, which most of them already a minority shareholders of CDP.
In 2015 the company issued senior unsecured bond (ISIN: IT0005117095) to raise €750 million.
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Wikipedia