Canadian Utilities Potentially Undervalued Companies

Emera

Market Cap: CA$21.2b

An energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas.

Caribbean Utilities Company

Market Cap: US$572.3m

Engages in the electricity generation, transmission, distribution, and telecommunication in Grand Cayman.

Polaris Renewable Energy

Market Cap: CA$252.9m

Engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean.

Westbridge Renewable Energy

Market Cap: CA$44.0m

Engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy.

TransAlta

Market Cap: CA$5.5b

Engages in the development, production, and sale of electric energy.

ATCO

Market Cap: CA$7.2b

Engages in the energy, logistics and transportation, shelter, and real estate services in Canada, Australia, and internationally.

Boralex

Market Cap: CA$2.7b

Engages in the developing, building, and operating power generating and storage facilities in Canada, France, and the United States.

Northland Power

Market Cap: CA$5.2b

Operates as a power producer in Canada, the Netherlands, Germany, Colombia, Spain, the United States, and internationally.

Canadian Utilities

Market Cap: CA$12.8b

Engages in the electricity, natural gas, renewables, pipelines, and liquids businesses in Canada, Australia, and internationally.

Algonquin Power & Utilities

Market Cap: CA$7.0b

Operates in the power and utility industries.

AltaGas

Market Cap: CA$14.1b

Operates as an energy infrastructure company in North America.

Fortis

Market Cap: CA$39.1b

Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.

Capital Power

Market Cap: CA$10.0b

Develops, acquires, owns, and operates renewable and thermal power generation facilities in Canada and the United States.

Brookfield Infrastructure Partners

Market Cap: CA$18.0b

Engages in the utilities, transport, midstream, and data businesses.

Superior Plus

Market Cap: CA$1.4b

Distributes propane, compressed natural gas, renewable energy, and related products and services to approximately 936,500 customers in the United States and Canada.