Spanish Utilities Potentially Undervalued Companies

Neoenergia

Market Cap: €39.8b

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

Enagás

Market Cap: €3.9b

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

Acciona

Market Cap: €12.0b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Naturgy Energy Group

Market Cap: €25.0b

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

Endesa

Market Cap: €36.7b

Engages in the generation, distribution, and sale of electricity in Spain, Portugal, France, Germany, the United Kingdom, Switzerland, Luxembourg, the Netherlands, Singapore, Italy, Morocco, and internationally.

Audax Renovables

Market Cap: €586.7m

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

Holaluz-Clidom

Market Cap: €25.9m

Produces and sells electricity and gas.

Solaria Energía y Medio Ambiente

Market Cap: €2.4b

Generates solar photovoltaic energy.