Global Utilities Undervalued Small Caps

Arise

Market Cap: SEK 1.3b

Operates in the renewable energy sector.

Admie Holding

Market Cap: €691.9m

Operates, controls, maintains, and develops an electricity transmission system for the supply of electricity in Greece.

Jiaze Renewables

Market Cap: CN¥9.4b

Engages in the development, construction, sale, operation, and maintenance of new energy projects.

Magnora

Market Cap: NOK 1.5b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

HD Renewable Energy

Market Cap: NT$25.7b

HD Renewable Energy Co., LTD. engages in the generation and sale of electricity in Taiwan.

Cox ABG Group

Market Cap: €654.3m

Operates as an integrated utility of water and energy company.

Consolidated Water

Market Cap: US$363.1m

Supplies potable water, treats wastewater and water for reuse, and provides water-related products and services in the Cayman Islands, the Bahamas, the United States, and the British Virgin Islands.

Shinfox Energy

Market Cap: NT$24.1b

Develops renewable and clean energy plants in Taiwan and Mainland China.