German Utilities Potentially Undervalued Companies

TPC Consolidated

Market Cap: €90.7m

Provides retail electricity and gas services to residential, industrial, and commercial customers in Australia.

VERBUND

Market Cap: €21.2b

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.

CLP Holdings

Market Cap: €166.4b

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

eVISO

Market Cap: €216.4m

Develops an artificial intelligence platform for the commodities market in Italy.

Chugoku Electric Power

Market Cap: €318.8b

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

ALTEO Energy Services

Market Cap: €105.6b

Produces and sells electricity and heat in Hungary.

PGE Polska Grupa Energetyczna

Market Cap: €25.5b

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

Superior Plus

Market Cap: €1.6b

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

Telecom Plus

Market Cap: €1.4b

Provides utility services in the United Kingdom.

Northwest Natural Holding

Market Cap: €1.7b

Through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States.

China Yangtze Power

Market Cap: €687.3b

Engages in hydropower generation business in China, Brazil, Germany, Malaysia, Pakistan, Peru, Portugal, and Sudan.

Spruce Power Holding

Market Cap: €50.4m

Owns and operates distributed solar energy assets in the United States.

Companhia Paranaense de Energia - COPEL

Market Cap: US$26.6b

Engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil.

Uniper

Market Cap: €15.4b

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

Voltalia

Market Cap: €890.7m

Engages in the production and sale of energy generated by the wind, solar, hydropower, biomass, and storage plants.

United Utilities Group

Market Cap: €7.8b

Provides water and wastewater services in the United Kingdom.

Gigasun

Market Cap: €193.3m

Engages in the financing, owning, and operating of roof-mounted solar energy installations in China.

GAIL (India)

Market Cap: €1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Fortum Oyj

Market Cap: €13.3b

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.

Boralex

Market Cap: €3.0b

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

Societatea Energetica Electrica

Market Cap: €6.3b

Engages in the operation, construction, and maintenance of electricity distribution networks in Romania.

Kansai Electric Power Company

Market Cap: €2.3t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Greencoat Renewables

Market Cap: €808.3m

Owns and operates renewable energy infrastructure assets in the Republic of Ireland, Germany, France, Sweden, and Spain.

Origin Energy

Market Cap: €22.2b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Meridian Energy

Market Cap: €14.9b

Engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom.

Southern

Market Cap: €101.5b

Through its subsidiaries, engages in the generation, transmission, and distribution of electricity.

RWE

Market Cap: €24.8b

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

Uniper

Market Cap: €15.4b

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

Electric Power Development

Market Cap: €513.9b

Operates as electric utility company in Japan.

Chubu Electric Power Company

Market Cap: €1.5t

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

Avista

Market Cap: €3.0b

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

Edison International

Market Cap: €21.6b

Through its subsidiaries, engages in the generation and distribution of electric power.