CDP RETI: Fitch affirms rating at BBB and revises the Outlook to Positive from Stable

Rome, 31 October 2024 h. 18:34 – CDP RETI SpA has reported that, as of today, the rating agency Fitch Ratings has affirmed the long-term rating of the Company at BBB and revised the Outlook to Positive from Stable.

Rating and Outlook are aligned with those of Cassa Depositi e Prestiti SpA.

CDP RETI SpA is an investment vehicle owned by Cassa Depositi e Prestiti SpA (59.1%), State Grid Europe Limited (35%), a member of State Grid Corporation of China Group, and a group of Italian institutional investors (5.9%). CDP RETI’s mission is to manage the investments in SNAM (31.35% as of 31 December 2023), TERNA (29.85% as of 31 December 2023) and ITALGAS (25.99% as of 31 December 2023).