Global Utilities Potentially Undervalued Companies

Light

Market Cap: €1.9b

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

Unipro

Market Cap: ₽92.6b

Public Joint-Stock Company Unipro engages in the production and sale of electricity, and power and heat energy in Russia.

China Smarter Energy Group Holdings

Market Cap: HK$140.6m

An investment holding company, engages in the solar energy business in the People’s Republic of China, Hong Kong, and Singapore.

Gunkul Engineering

Market Cap: ฿18.2b

Generates and sells renewable energy in Thailand, Japan, and Vietnam.

China Yangtze Power

Market Cap: €678.5b

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

China Gas Holdings

Market Cap: US$43.4b

An investment holding company, operates as an energy supplier and service provider in the People’s Republic of China.

GCL Energy TechnologyLtd

Market Cap: CN¥18.8b

Engages in the development of clean energy and renewable energy projects in China.

GAIL (India)

Market Cap: ₹1.2t

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

Orient Green Power

Market Cap: ₹16.7b

An independent power producer of renewable power, engages in the generation and sale of wind energy in India and Croatia.

China Southern Power Grid Energy Storage

Market Cap: CN¥37.4b

China Southern Power Grid Energy Storage Co., Ltd.

China Power International Development

Market Cap: HK$42.8b

An investment holding company, develops, constructs, owns, operates, and manages power plants in the People’s Republic of China and internationally.

BKW

Market Cap: US$8.7b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Foran Energy Group

Market Cap: CN¥15.0b

Foran Energy Group Co., Ltd. transports and sells natural gas in China.

China Datang Corporation Renewable Power

Market Cap: HK$18.4b

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

Meridian Energy

Market Cap: AU$14.9b

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

K&O Energy Group

Market Cap: JP¥84.3b

Engages in the development, production, supply, and sale of natural gas and iodine in Japan.

Shivamshree Businesses

Market Cap: ₹195.2m

Engages electric power generation using solar energy.

Luenmei QuantumLtd

Market Cap: CN¥14.8b

Engages in the generation and supply of heat, power, and steam in China.

Mahanagar Gas

Market Cap: ₹134.5b

Operates as a natural gas distribution company in India.

Tian Lun Gas Holdings

Market Cap: HK$4.4b

Engages in the transportation, distribution, and sale of natural gas and compressed natural gas through its gas pipeline connections in the People’ Republic of China.

China Power International Development

Market Cap: HK$42.8b

An investment holding company, develops, constructs, owns, operates, and manages power plants in the People’s Republic of China and internationally.

Jiaze Renewables

Market Cap: CN¥11.8b

Engages in the development, construction, sale, operation, and maintenance of new energy power stations in China.

China Power International Development

Market Cap: HK$42.8b

An investment holding company, develops, constructs, owns, operates, and manages power plants in the People’s Republic of China and internationally.

GuiZhou QianYuan Power

Market Cap: CN¥7.0b

Engages in the development, operation, and management of hydropower and photovoltaic power stations in China.

Khanh Hoa Power

Market Cap: ₫760.7b

Produces and distributes electricity primarily in Vietnam.

NLC India

Market Cap: ₹357.9b

Engages in the mining and power generation business in India.

Ba Ria Thermal Power

Market Cap: ₫677.4b

Engages in the production and trading of electricity in Vietnam.

China Datang Corporation Renewable Power

Market Cap: HK$18.4b

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

Chengdu Xingrong Environment

Market Cap: CN¥20.0b

Engages in the water purification, wastewater treatment and reclaimed water utilization, and environmental protection business in China.

Kencana Energi Lestari

Market Cap: Rp3.0t

Operates as a renewable energy company in Indonesia.

Chugoku Electric Power

Market Cap: €313.2b

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

Gigasun

Market Cap: SEK 142.4m

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

eVISO

Market Cap: €204.6m

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

Pampa Energía

Market Cap: €5.0t

Operates as an integrated power company in Argentina.

Colbún

Market Cap: CL$2.6t

Operates as an electric energy generating company.

Solaria Energía y Medio Ambiente

Market Cap: €1.4b

Generates solar photovoltaic energy.