Austrian Utilities Potentially Undervalued Companies

Hera

Market Cap: €5.5b

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

AES

Market Cap: €10.5b

Operates as a power generation and utility company.

EVN

Market Cap: €5.1b

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

PG&E

Market Cap: €37.1b

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.

A2A

Market Cap: €6.9b

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

Eversource Energy

Market Cap: €25.6b

A public utility holding company, engages in the energy delivery business.

Ørsted

Market Cap: €211.8b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, and energy storage and combined heat and power (CHP) plants.

E.ON

Market Cap: €47.2b

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

Naturgy Energy Group

Market Cap: €26.5b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

Veolia Environnement

Market Cap: €25.3b

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

Public Service Enterprise Group

Market Cap: €38.7b

Through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States.

Consolidated Edison

Market Cap: €38.1b

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

Dominion Energy

Market Cap: €57.6b

Provides regulated electricity and natural gas services in the United States.

Enagás

Market Cap: €4.4b

Engages in the transmission, storage, and regasification of natural gas.

Engie

Market Cap: €64.7b

Engages in renewables and decentralized and low-carbon energy networks in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.