CDP Reti

{{Short description|Italian holding company}}

{{Infobox company

| name = CDP Reti

| logo =

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| native_name = Cassa Depositi e Prestiti Reti S.p.A.

| type = Società per azioni

| industry = Investment management

| founded = {{Start date and age|2012}}

| founder = Cassa Depositi e Prestiti

| hq_location =

| hq_location_city = Rome

| hq_location_country = Italy

| area_served = Italy

| key_people = {{Unbulleted list

|Massimo Tononi (chairman)

|Dario Scannapieco (CEO)

}}

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| net_income = {{decrease}} €189.097 million

| net_income_year = 2014

| assets = {{increase}} €5.037 billion

| assets_year = 2014

| equity = {{decrease}} €3.534 billion

| equity_year = 2014{{Cite web|url=http://www.cdp.it/static/upload/cdp/0001/cdp-reti-financial-statements-2014.pdf|title=2014 Financial statements|date=17 April 2015|access-date=14 March 2016|publisher=CDP Reti|archive-url=https://web.archive.org/web/20160315035244/http://www.cdp.it/static/upload/cdp/0001/cdp-reti-financial-statements-2014.pdf|archive-date=15 March 2016|url-status=dead}}

| owner = {{Unbulleted list

|Cassa Depositi e Prestiti (59.1%)

|State Grid Europe (35%)

|Italian institutional investors (5.9%)

}}

| parent = CDP Group

| website = {{URL|https://www.cdpreti.it/}}

}}

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.

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.{{cite web|url=http://www.sgcc.com.cn/shouye/tbxw/308608.shtml|title=国家电网公司收购意大利存贷款能源网公司部分股权|trans-title=State Grid Corporation of China acquires a minority interests in CDP Reti|date=1 August 2014|access-date=14 March 2016|publisher=State Grid Corporation of China|language=Chinese|archive-url=https://web.archive.org/web/20160315084416/http://www.sgcc.com.cn/shouye/tbxw/308608.shtml|archive-date=15 March 2016|url-status=dead}}{{cite web|url=http://www.sgcc.com.cn/ywlm/mediacenter/corporatenews/11/311305.shtml|title= State Grid Corporation of China Completed the Acquisition of Equity Stake in CDP RETI|date=28 November 2014|access-date=14 March 2016|publisher=State Grid Corporation of China}}{{cite web|url=http://uk.reuters.com/article/italy-china-idUKL6N0Q562D20140730|archive-url=https://web.archive.org/web/20160315090414/http://uk.reuters.com/article/italy-china-idUKL6N0Q562D20140730|url-status=dead|archive-date=March 15, 2016|title=Italy approves sale of energy grid stake to China|date=30 July 2014|access-date=14 March 2016|work=Reuters}} CDP also sold an additional 3.26% shares to banking foundations, most of which already were a minority shareholders of CDP.{{cite web|url=http://www.repubblica.it/economia/finanza/2014/11/12/news/le_fondazioni_entrano_in_cdp_reti-100386983/|title=Le Fondazioni entrano in Terna e Snam rilevando quote della Cdp Reti|date=12 November 2014|access-date=14 March 2016|work= La Repubblica|language=Italian}}

In 2015 the company issued senior unsecured bond to raise €750 million.{{cite web|url=http://www.cdp.it/static/upload/com/0000/comunicato-stampa_cdp-reti_21-05-2015.pdf|title=CDP RETI successfully launches 750 million euro bond issue|date=21 May 2015|access-date=14 March 2016|publisher=CDP Reti|archive-url=https://web.archive.org/web/20160315091950/http://www.cdp.it/static/upload/com/0000/comunicato-stampa_cdp-reti_21-05-2015.pdf|archive-date=15 March 2016|url-status=dead}}