Fitch affirms ratings on CDP RETI

Price Sensitive

Rome, 4 May 2016 h. 17:39 – CDP RETI announces that today, the agency Fitch Ratings has affirmed the long-term rating and the senior unsecured rating on CDP RETI at 'BBB'. The Outlook is Stable.

 

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 Group of China (35%), and a group of Italian institutional investors (5.9%). CDP RETI’s mission is to manage the investments in SNAM (28.98%) and TERNA (29.85%).