Caisse des dépôts et consignations

Common card · No. 402546

The Caisse des dépôts et consignations (French pronunciation: [kɛs de depo e kɔ̃siɲasjɔ̃]; CDC; 'Deposits and Consignments Fund') is an idiosyncratic French public financial institution created in 1816, often referred to as the investment arm of the French State. It is defined in the French Monetary and Financial Code as a "public group serving the public interest" and a "long-term investor". Its governance framework places it under the control of the Parliament. CDC has sprawling assets, including (as of early 2024) a 66-percent stake in La Poste, France's post office; 34 percent of Transdev, a public transportation operator; 40 percent of Compagnie des Alpes, a ski resort and theme park operator; 39 percent of Icade, a property company; 39 percent of GRTgaz, France's main gas pipeline system; 34 percent of Egis, an engineering consultancy; 33 percent of Compagnie Nationale du Rhône, a hydroelectricity generator; 30 percent of RTE, France's transmission system operator; 20 percent of...

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