Global Utilities Strong Past Earnings Growth, P/E Ratio Below 20

RWE

Market Cap: €40.7b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Dubai Electricity and Water Authority (PJSC)

Market Cap: د.إ135.0b

Generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 83.2b

Produces and supplies electricity from hydroelectric and wind sources in Romania.

Enel Américas

Market Cap: CL$9.0t

Generates, transmits, and distributes electricity in Brazil, Colombia, Central America, Argentina.

Companhia Paranaense de Energia - COPEL

Market Cap: R$42.0b

Engages in the research, study, planning, construction, production, transformation, transportation, distribution, and commercialization of electricity in Brazil.

Hubei Energy Group

Market Cap: CN¥31.4b

Engages in the investment, development, and management of hydropower, thermal power, new energy power generation, nuclear power, and natural electricity in China and Peru.

Pampa Energía

Market Cap: AR$6.8t

Operates as an integrated power company in Argentina.

Inter RAO UES

Market Cap: ₽250.0b

Public Joint Stock Company Inter RAO UES operates as a diversified energy holding company in Russia and internationally.

Foran Energy Group

Market Cap: CN¥13.9b

Foran Energy Group Co., Ltd. transports and sells natural gas in China.

Premier Energy

Market Cap: RON 8.2b

Operates as an integrated energy and power infrastructure company in Romania, Moldova, Hungary, and Serbia.

Guangdong Baolihua New Energy Stock

Market Cap: CN¥10.4b

Guangdong Baolihua New Energy Stock Co., Ltd.

Companhia Distribuidora de Gás do Rio de Janeiro - CEG

Market Cap: R$7.4b

Engages in the distribution of natural gas in Brazil.

Copperbelt Energy

Market Cap: K25.4b

Engages in the generation, distribution, transmission, sale, and trade of electricity to mining customers in Zambia and the Democratic Republic of Congo (DRC).

Pluz Energía PerúA

Market Cap: S/4.1b

Distributes electricity in Peru.

Rosseti Lenenergo

Market Cap: ₽72.4b

Public Joint stock company Rosseti Lenenergo engages in the transmission and distribution of electricity in the Russian Federation.

Second Generating Company of the Electric Power Wholesale Market

Market Cap: ₽64.8b

Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market", together with its subsidiaries, generates and sells electricity and thermal energy in Russia.

Phoenix Power Company SAOG

Market Cap: ر.ع408.1m

Owns, designs, develops, constructs, operates, maintains, finances, and insures power generating stations, associated gas interconnection facilities, and other related infrastructure in the Sultanate of Oman.

Inversiones Aguas Metropolitanas

Market Cap: CL$927.3b

Through its subsidiaries, engages in the sanitation business in Chile.

Rosseti Moscow Region

Market Cap: ₽42.9b

Public Joint-Stock Company "Rosseti Moscow Region", together with its subsidiaries, engages in the transmission of electricity through electrical networks primarily in Moscow, Russia.

Shizuoka Gas

Market Cap: JP¥96.4b

Produces, supplies, and sells city gas in Japan.

Great Taipei Gas

Market Cap: NT$14.6b

Supplies natural gas in Taiwan.

Xinjiang Torch Gas

Market Cap: CN¥2.7b

Operates as a gas service company in China.

Absolute Clean Energy

Market Cap: ฿12.8b

Produces and distributes electricity and steam from renewable energy in Thailand.

Rosseti Centre and Volga region

Market Cap: ₽20.3b

Public Joint stock company Rosseti Centre and Volga region, together with its subsidiaries, engages in the transmission and distribution of electricity in Russia.

Vinacomin - Power Holding

Market Cap: ₫7.4t

Engages in the investment, construction, exploitation, and operation of thermal power, hydropower plants, power plants using new and renewable energy sources, and electricity supply systems in Vietnam.

Keiyo Gas

Market Cap: JP¥44.3b

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

Transnational

Market Cap: ₦365.8b

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

SPC Power

Market Cap: ₱14.8b

Generates, distributes, and sells electricity in the Philippines.

Hua Na Hydropower

Market Cap: ₫5.0t

Engages in the investment, production, and trading of electricity in Vietnam.

K.P. Energy

Market Cap: ₹17.6b

Provides balance of plant solutions for wind energy sector in India.

HIROSHIMA GASLtd

Market Cap: JP¥29.1b

Engages in the gas business in Japan.

Taliworks Corporation Berhad

Market Cap: RM 534.2m

An investment holding company, operates, manages, and maintains water treatment plants in Malaysia.

Hokuriku GasLtd

Market Cap: JP¥20.8b

Operates gas business in Japan.

Daesung Energy

Market Cap: ₩181.7b

Supplies natural gas primarily in South Korea.

AB Kauno Energija

Market Cap: €88.2m

Together with its subsidiary UAB GO Energy LT, generates and supplies heat to consumers in the cities of Kaunas and Jurbarkas in Lithuania.

Afluente Transmissão de Energia Elétrica

Market Cap: R$472.5m

Afluente Transmissão de Energia Elétrica S.A.