Moody’s affirms ratings on CDP RETI

Rome, 25 October 2017 h. 18:06 – CDP RETI announces that today the agency Moody’s has affirmed the long-term rating and the senior unsecured rating on CDP RETI at 'Baa3'. The Outlook is negative.

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 (30.10%), TERNA Spa (29.85%) and ITALGAS Spa (26.04%).