CDP RETI: Fitch affirms rating at BBB with Stable outlook

Rome, 15 December 2022 h. 16:49 – CDP Reti SpA (CDP RETI) 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, a member of State Grid Corporation of China Group (35%), and a group of Italian institutional investors (5.9%). CDP RETI’s mission is to manage the investments in SNAM Spa (31.35% at 30 June 2022), TERNA Spa (29.85% at 30 June 2022) and ITALGAS Spa (26.01% at 30 June 2022).