CDP RETI: Fitch affirms rating at BBB with Stable outlook

Rome, 14 December 2023 h. 11:17 – CDP RETI SpA has reported that, as of today, Fitch Ratings has confirmed the long-term rating of the Company at BBB, maintaining the outlook Stable.

Rating and outlook are aligned with those of the parent company, 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% at 30 June 2023), TERNA (29.85% at 30 June 2023) and ITALGAS (25.99% at 30 June 2023).