Austrian Utilities Potentially Undervalued Companies

Veolia Environnement

Market Cap: €20.6b

Designs and provides water, waste, and energy management solutions.

AES

Market Cap: €9.3b

Operates as a power generation and utility company in the United States and internationally.

Engie

Market Cap: €43.8b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

EVN

Market Cap: €4.1b

Provides energy and environmental services in Austria, Bulgaria, North Macedonia, Croatia, Germany, and Albania.

RWE

Market Cap: €25.8b

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

Acciona

Market Cap: €9.1b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

E.ON

Market Cap: €40.9b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

A2A

Market Cap: €6.7b

Engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally.

PG&E

Market Cap: €33.7b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.

Burgenland Holding

Market Cap: €225.0m

Through its investment in Burgenland Energie AG, engages in the generation and sale of electricity in Austria.

Consolidated Edison

Market Cap: €35.0b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

VERBUND

Market Cap: €21.0b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Hera

Market Cap: €5.4b

A multi-utility company, engages in the waste management, water services, and energy businesses in Italy.

Uniper

Market Cap: €14.9b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Snam

Market Cap: €17.0b

Engages in the operation of natural gas transport and storage infrastructure.