CDP Reti

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CDP Reti
Native name
Cassa Depositi e Prestiti Reti S.p.A.
Company type
Società per azioni
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Headquarters,
Area served
Italy
Key people
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Total equityDecrease €3.534 billion (2014[1])
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Number of employees
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ParentCDP Group
Websitewww.cdpreti.it

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Cassa Depositi e Prestiti Reti S.p.A. (also known as CDP Reti) is an Italian holding company. It is a joint venture of Cassa Depositi e Prestiti, State Grid Corporation 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, a state-owned company of China, for €2.1 billion.[2][3][4] CDP also sold an additional 3.26% shares to banking foundations, most of which already were a minority shareholders of CDP.[5]

In 2015 the company issued senior unsecured bond to raise €750 million.[6]

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content."2014 Financial statements" (PDF). CDP Reti. 17 April 2015. Archived from the original (PDF) on 15 March 2016. Retrieved 14 March 2016.
  2. ^ Page Module:Citation/CS1/styles.css has no content."国家电网公司收购意大利存贷款能源网公司部分股权" [State Grid Corporation of China acquires a minority interests in CDP Reti] (in Chinese). State Grid Corporation of China. 1 August 2014. Archived from the original on 15 March 2016. Retrieved 14 March 2016.{{cite web}}: CS1 maint: unrecognized language (link)
  3. ^ Page Module:Citation/CS1/styles.css has no content."State Grid Corporation of China Completed the Acquisition of Equity Stake in CDP RETI". State Grid Corporation of China. 28 November 2014. Retrieved 14 March 2016.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Italy approves sale of energy grid stake to China". Reuters. 30 July 2014. Archived from the original on March 15, 2016. Retrieved 14 March 2016.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Le Fondazioni entrano in Terna e Snam rilevando quote della Cdp Reti". La Repubblica (in Italian). 12 November 2014. Retrieved 14 March 2016.{{cite web}}: CS1 maint: unrecognized language (link)
  6. ^ Page Module:Citation/CS1/styles.css has no content."CDP RETI successfully launches 750 million euro bond issue" (PDF). CDP Reti. 21 May 2015. Archived from the original (PDF) on 15 March 2016. Retrieved 14 March 2016.
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