CDP Reti was set up as an investment vehicle in 2012 to support the development of infrastructure of natural gas transportation, dispatching, regasification, storage and distribution as well as electricity transmission. It achieves this purpose by acquiring equity investments of systemic importance.

Its shareholders, following the capital opening operation to third-party investors in November 2014 and the capital increase finalized in June 2025, are: CDP (59.1%, State Grid Europe Limited (35.0%), and other Italian institutional investors (5.9%).

As of 30 June 2026, the company owned equity investments in Snam (31.35%), Terna (29.85%) and Italgas (25.91%).