Global Utilities Undiscovered Gems With Strong Fundamentals

Sociedad Eléctrica del Sur Oeste

Market Cap: S/776.5m

Engages distribution of electricity in Peru.

Chongqing Gas Group

Market Cap: CN¥8.8b

Engages in the natural gas operation business in China and internationally.

Xinjiang Torch Gas

Market Cap: CN¥2.2b

Operates as a gas service company in China.

Hua Na Hydropower

Market Cap: ₫5.8t

Engages in the electricity generation activities.

PBA Holdings Bhd

Market Cap: RM 662.0m

An investment holding company, operates as a water supplier in the state of Penang, Malaysia.

Vinacomin - Power Holding

Market Cap: ₫8.7t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Pure Cycle

Market Cap: US$243.4m

Provides wholesale water and wastewater services in the United States.

Transnational Corporation of Nigeria

Market Cap: ₦416.1b

Together with the subsidiaries, engages in the hospitality, power, agro-allied, and oil and gas businesses in Nigeria.

Transcorp Power

Market Cap: ₦2.7t

Engages in the generation and sale of electric power in Nigeria and internationally.

SG Mart

Market Cap: ₹35.8b

Engages in the trading of building material products in India.

Summit Power

Market Cap: ৳16.1b

An independent power producer, engages in the generation and sale of electricity in Bangladesh.

ENERGOAQUA

Market Cap: Kč2.9b

Engages in the manufacture, distribution, and sale of energy media and services in the thermal energy, natural gas, and electricity.

Guangdong Shunkong DevelopmentLtd

Market Cap: CN¥8.6b

Engages in the production and sale of tap water in China.

Sembcorp Salalah Power & Water Company SAOG

Market Cap: ر.ع88.8m

Sembcorp Salalah Power & Water Company SAOG builds, owns, and operates an electricity generation and seawater desalination plant in the Salalah region.

Hunan Development Group

Market Cap: CN¥5.7b

Engages in the investment, development, construction, operation, and management of hydropower generation in China.

Keiyo Gas

Market Cap: JP¥36.5b

Engages in the production, supply, and sale of gas in northwest of Chiba Prefecture, Japan.

ShinHsiung Natural Gas

Market Cap: NT$12.7b

Supplies natural gas in Taiwan.

Sichuan Energy Investment Development

Market Cap: HK$2.5b

A vertically integrated power supplier and service provider, generates, distributes, and sells electricity primarily in Mainland China.

Thac Mo Hydro Power

Market Cap: ₫4.5t

Generates and supplies hydro power in Vietnam.

Geregu Power

Market Cap: ₦2.9t

Engages in the generation and sale of electric power through the National Grid of the Transmission Company of Nigeria to the Nigerian Bulk Electricity Trading.

Acinque

Market Cap: €414.4m

Operates as a multi-utility company in Italy.

PTC India

Market Cap: ₹51.1b

Engages in the trading of power in India, Nepal, Bhutan, and Bangladesh.

Empresas Gasco

Market Cap: CL$221.7b

Provides energy solutions based primarily based on gas in Chile and internationally.

Toplofikatsia-Ruse AD

Market Cap: лв201.3m

Produces and sells electricity and thermal energy in Bulgaria.

Kot Addu Power

Market Cap: PK₨29.2b

Owns, operates, and maintains a multi-fuel fired power station located in Kot Addu, Punjab, Pakistan.

Guangdong Baolihua New Energy Stock

Market Cap: CN¥8.6b

Guangdong Baolihua New Energy Stock Co., Ltd.

Zhejiang Xinzhonggang Thermal Power

Market Cap: CN¥2.9b

Zhejiang Xinzhonggang Thermal Power Co., LTD.

Kenya Electricity Generating

Market Cap: KSh32.6b

Operates as an electric power generating company in Kenya.

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener

Market Cap: AR$724.8b

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.

Naturgy BAN

Market Cap: AR$496.4b

Engages in natural gas distribution business.

Empresa Eléctrica Pehuenche

Market Cap: CL$1.8t

Engages in the generation, transmission, distribution, and supply of electricity in Chile.

WindForce

Market Cap: LK₨33.5b

Operates as an independent power producer in the renewable energy generation sector in Sri Lanka, Pakistan, Uganda, and Ukraine.

Southern Hydropower

Market Cap: ₫3.6t

Engages in the construction, production, installation, and operation of hydropower plants in Vietnam.

National Gas and Industrialization

Market Cap: ر.س6.7b

Engages in exploits, manufactures, and markets various kinds of gas and its derivatives, and industrial gases in the Kingdom of Saudi Arabia and internationally.

Kenon Holdings

Market Cap: ₪5.5b

Through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally.

SP New Energy

Market Cap: ₱58.6b

Produces electricity.