CDP RETI: Fitch upgrades rating to BBB+. The Outlook is Stable

Rome, 30 September 2025 h. 13:34 – CDP Reti SpA announces that today the Fitch Ratings agency has upgraded the Company’s long-term rating to BBB+ from BBB. The Outlook is Stable.

The upgrade reflects the recent action taken by the Agency on the parent company Cassa Depositi e Prestiti SpA’s rating.

CDP RETI SpA is an investment vehicle owned by Cassa Depositi e Prestiti SpA (59.1%), State Grid Europe Limited (35.0%), 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 30 June 2025), TERNA (29.85% as of 30 June 2025) and ITALGAS (25.96% as of 30 June 2025).