CDP Reti

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

CDP Reti
Native name
CDP Reti S.p.A.
Typemajority state-owned Società per Azioni
Industryholding company
Founded2012
Headquarters
Rome
,
Italy
Key people
€189.097 million (2014)
Total assets €5.037 billion (2014)
Total equity €3.534 billion (2014[1])
Owner
Parent

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 of China, 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 (ISIN: IT0005117095) to raise €750 million.[6]

Shareholders of CDP Reti
As of 27 May 2015[7]

References
  1. "2014 Financial statements" (PDF). CDP Reti. 17 April 2015. Archived from the original (PDF) on 15 March 2016. Retrieved 14 March 2016.
  2. "国家电网公司收购意大利存贷款能源网公司部分股权" [State Grid Corporation of China acquires a minority interests in CDP Reti] (in Chinese). State Grid Corporation of China. 1 August 2014. Archived from the original on 15 March 2016. Retrieved 14 March 2016.
  3. "State Grid Corporation of China Completed the Acquisition of Equity Stake in CDP RETI". State Grid Corporation of China. 28 November 2014. Retrieved 14 March 2016.
  4. "Italy approves sale of energy grid stake to China". Reuters. 30 July 2014. Retrieved 14 March 2016.
  5. "Le Fondazioni entrano in Terna e Snam rilevando quote della Cdp Reti". La Repubblica (in Italian). 12 November 2014. Retrieved 14 March 2016.
  6. "CDP RETI successfully launches 750 million euro bond issue" (PDF). CDP Reti. 21 May 2015. Archived from the original (PDF) on 15 March 2016. Retrieved 14 March 2016.
  7. "prospectus" (PDF). CDP Reti. 27 May 2015. Archived from the original (PDF) on 15 March 2016. Retrieved 15 March 2016.
  8. "BILANCIO DI ESERCIZIO AL 31 DICEMBRE 2014" (PDF) (in Italian). Fondazione Cassa di Risparmio di Vercelli. 30 April 2015. Retrieved 16 February 2016.
  9. "BILANCIO CONSUNTIVO ESERCIZIO 01.01.2014 - 31.12.2014" (PDF) (in Italian). Fondazione Livorno. 29 April 2015. Retrieved 5 February 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.