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.

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.