Spanish Utilities Potentially Undervalued Companies

Neoenergia

Market Cap: €39.9b

Generates, transmits, distributes, trades in, and commercializes electric energy in Brazil.

Enagás

Market Cap: €3.8b

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

Corporación Acciona Energías Renovables

Market Cap: €6.7b

Corporación Acciona Energías Renovables, S.A.

Naturgy Energy Group

Market Cap: €23.2b

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

Cox ABG Group

Market Cap: €796.3m

Operates as an integrated utility of water and energy company in South America, Mexico, Europe, Africa, Spain, Latin America, and internationally.

AXIA Energia

Market Cap: €170.4b

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

Solaria Energía y Medio Ambiente

Market Cap: €2.5b

Generates solar photovoltaic energy.

Holaluz-Clidom

Market Cap: €26.8m

Produces and sells electricity and gas.

Audax Renovables

Market Cap: €565.1m

Engages in the generation and supply of renewable electricity and gas in Spain, Portugal, Italy, Poland, Germany, Netherlands, France, Panama, and Hungary.