German Utilities Potentially Undervalued Companies

ATCO

Market Cap: €6.0b

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

MINT Société anonyme

Market Cap: €33.6m

Provides renewable electricity in France.

De.mem

Market Cap: €29.3m

Designs, builds, owns, and operates modern water treatment systems for industrial, municipal, and residential sectors in Australia, Singapore, and Germany.

VERBUND

Market Cap: €22.4b

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.

Clearway Energy

Market Cap: €6.3b

Operates in the clean energy generation assets business in the United States.

Mon Courtier Energie Groupe

Market Cap: €19.4m

Operates energy brokerage network in France.

Kyushu Electric Power Company

Market Cap: €711.9b

Engages in the power generation, transmission, distribution, and retail in Japan and internationally.

Empresa Distribuidora y Comercializadora Norte Sociedad Anónima

Market Cap: €1.9t

Engages in the distribution and sale of electricity in Argentina.

Tokyo Electric Power Company Holdings

Market Cap: €1.2t

Engages in the generation, transmission, distribution, and retail of electric power in Japan and internationally.

Veolia Environnement

Market Cap: €21.5b

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

clearvise

Market Cap: €112.3m

Operates as an independent electricity producer from renewable energies in Europe.

clearvise

Market Cap: €108.5m

Operates as an independent electricity producer from renewable energies in Europe.

Hong Kong and China Gas

Market Cap: €136.6b

Produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China.

Fortum Oyj

Market Cap: €16.0b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

AltaGas

Market Cap: €12.7b

Operates as an energy infrastructure company in North America.

Veolia Environnement

Market Cap: €21.5b

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

VERBUND

Market Cap: €22.4b

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.

ATCO

Market Cap: €6.0b

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

Hokuriku Electric Power

Market Cap: €180.7b

Supplies electricity through power generation, transmission, and distribution systems in Japan.

Energa

Market Cap: €6.2b

Engages in the generation, distribution, trading, and sale of electricity and heat in Poland.

Emera

Market Cap: €20.6b

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

CLP Holdings

Market Cap: €167.4b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

AS Tallinna Vesi

Market Cap: €211.0m

A water utility company, provides drinking water and wastewater services in Estonia.

Holaluz-Clidom

Market Cap: €30.5m

Produces and sells electricity and gas.

Dala Energi

Market Cap: €1.3b

Operates as a supplier of electricity, heating, and fiber networks in Sweden.

clearvise

Market Cap: €107.8m

Operates as an independent electricity producer from renewable energies in Europe.

China Datang Corporation Renewable Power

Market Cap: €18.1b

Engages in the investment, development, construction, and management of wind power and other renewable energy sources in the People's Republic of China.

Beijing Enterprises Water Group

Market Cap: €25.4b

An investment holding company, provides water treatment services.

PPL

Market Cap: €27.7b

Provides electricity and natural gas to approximately 3.5 million customers in the United States.

Avista

Market Cap: €3.2b

Operates as an electric and natural gas utility company in the United States.

Light

Market Cap: €1.9b

Engages in the generation, transmission, distribution, and sale of electric power in Brazil.

VERBUND

Market Cap: €22.4b

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.

PGE Polska Grupa Energetyczna

Market Cap: €25.9b

Engages in the production and distribution of electricity and heat in Poland.

CLP Holdings

Market Cap: €167.4b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Superior Plus

Market Cap: €1.8b

Distributes propane, compressed natural gas, and renewable energy and related products and services in the United States and Canada.

Hydro One

Market Cap: €31.5b

Through its subsidiaries, operates as an electricity transmission and distribution company in Ontario.