July 10, 2019 / 8:25 AM / a year ago

Snam, Ansaldo among priorities for boosting Italy investment in China - CDP

MILAN, July 10 (Reuters) - Italian gas group Snam is interested in partnering or investing in China’s planned national oil and gas pipeline company, the head of Italy’s sovereign wealth fund said on Wednesday.

Cassa Depositi e Prestiti (CDP) Chief Executive Frabrizio Palermo, speaking at an Italy-China financial forum in Milan, also said that Ansaldo Energia was ready to enter into a partnership for the development of gas turbines in China.

He gave no more details. (Reporting by Elvira Pollina Editing by Mark Bendeich)

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