CDP Reti: le società del Gruppo Cassa depositi e prestiti | CDP


CDP RETI manages Snam, Italgas and Terna holdings to support the development of strategic infrastructure of the country in the gas and electricity sectors

CDP RETI is an investment vehicle established in October 2012 whose shares are owned by Cassa Depositi e Prestiti Spa (59.1%); State Grid Europe Limited - SGEL (35%), a company owned by State Grid Corporation of China; and the remainder owned by Italian institutional investors (5.9%).

CDP RETI's mission is to manage the holdings in Snam (31.35%), Italgas (26.01%) and TERNA (29.85%) as a long-term investor with the aim to support the development of gas transport, regasification, storage and distribution as well as electricity transmission infrastructures.

Snam is leader in Europe in the construction and integrated management of natural gas infrastructure. The Company is active in natural gas transportation (Snam Rete Gas), storage (Stogit) and regasification (Gnl Italia). It manages the national gas transportation network.


Italgas is the leading natural gas distribution network operator in Italy and the third in Europe. Since November 2016, the Company is listed in the FTSE MIB index of the Italian stock exchange.

Terna is a large operator in electricity transmission grids. Through Terna Rete Italia, the Company safely manages the National Transmission Grid while, through Terna Plus, it manages new business opportunities and non traditional activities, also abroad.


Board of Directors (2021-2023)

  • Chairman: Giovanni Gorno Tempini
  • Chief Executive Officer: Dario Scannapieco
  • Directors: Sabrina Coletti, Yanli Liu, Qinjing Shen

Board of Statutory Auditors (2021-2023)

  • Chairman: Florinda Aliperta
  • Standing auditors:  Paola Dinale, Paolo Sebastiani
  • Alternates auditors: Samantha Gardin, Ugo Tribulato

Independent Auditors

  • Deloitte & Touche S.p.A.
Company data

CDP RETI società per azioni

  • Registered Office: Rome - via Goito, 4
  • Share Capital: € 161.514,00, fully paid up
  • Business Register of Rome: no. 12084871008
  • Registered with Chamber of Commerce of Rome: no. REA 1349016
  • Tax code: 12084871008
  • VAT number: no. 12084871008
Credit Rating

CDP RETI's rating is assigned by two of the main credit rating agencies:


  CDP Reti Rating
Credit opinion 08-02-2022
CDP Reti Rating
Rating action commentary 20-12-2021
Long-Term Baa3 BBB
Outlook Stable Stable
Last publication 08/02/2022 20/12/2021


Press release
Date Press Download
16 July 2018 h. 16:45
Fitch affirms ratings on CDP RETI at BBB. The Outlook is stable
30 May 2018 h. 19:26
Moody’s places CDP RETI’s ratings on review for possible downgrade
14 May 2018
CDP RETI: Shareholders’ Meeting approves 2017 Financial Statements and the payment of dividends for an amount of € 464,032,952.28
23 March 2018 h. 11:48
CDP RETI: Board of Directors approves the consolidated financial statements and the separate financial statements for 2017
23 November 2017 h. 10:58
CDP RETI: approved interim dividend 2017 of 324 million euros

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