CDP Reti

Cassa Depositi e Prestiti Reti S.p.A. (also known as CDP Reti) is an Italian holding company. It is a joint venture of Cassa Depositi e Prestiti, State Grid Corporation and other investors.

CDP Reti

Native name	Cassa Depositi e Prestiti Reti S.p.A.
Company type	Società per azioni
Industry	Investment management
Founded	2012; 13 years ago (2012)
Founder	Cassa Depositi e Prestiti
Headquarters	Rome , Italy
Area served	Italy
Key people	Massimo Tononi (chairman) Dario Scannapieco (CEO)
Net income	€189.097 million (2014)
Total assets	€5.037 billion (2014)
Total equity	€3.534 billion (2014[1])
Owner	Cassa Depositi e Prestiti (59.1%) State Grid Europe (35%) Italian institutional investors (5.9%)
Parent	CDP Group
Website	www.cdpreti.it

The company owned 28.98% shares of Snam and 29.85% shares of Terna, as the largest shareholders.

In 2014 Cassa Depositi e Prestiti, the Italian state-owned investment bank, sold 35% shares of CDP Reti to State Grid Corporation, a state-owned company of China, for €2.1 billion.^[2][3][4] CDP also sold an additional 3.26% shares to banking foundations, most of which already were a minority shareholders of CDP.^[5]

In 2015 the company issued senior unsecured bond to raise €750 million.^[6]