CDP RETI: Moody’s affirms rating at Baa3 with Stable outlook

Rome, 6 February 2024 h. 22:09 – CDP RETI SpA has reported that, as of today, the rating agency Moody’s has affirmed the long-term rating of the Company at Baa3, 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).