Italian Utilities Potentially Undervalued Companies

Hera

Market Cap: €5.3b

A multi-utility company, engages in the waste management, water services, and energy businesses in Italy.

Solaria Energía y Medio Ambiente

Market Cap: €2.2b

Generates solar photovoltaic energy.

Constellation Energy

Market Cap: €100.9b

Produces and sells energy products and services in the United States.

Edison International

Market Cap: €21.5b

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

Italgas

Market Cap: €8.2b

Engages in the distribution of natural gas in Italy, Greece, and Other European Union countries.

Enel

Market Cap: €86.7b

Operates as an integrated operator in the electricity and gas industries worldwide.

Public Service Enterprise Group

Market Cap: €36.1b

Through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States.

Vistra

Market Cap: €49.8b

Operates as an integrated retail electricity and power generation company in the United States.

Naturgy Energy Group

Market Cap: €26.8b

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

Iren

Market Cap: €3.1b

Operates as a multi-utility company in Italy.

A2A

Market Cap: €7.3b

Engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally.

BKW

Market Cap: €6.5b

An 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.

ACEA

Market Cap: €4.2b

Operates as a multi-utility company in Italy.

E.ON

Market Cap: €45.3b

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

Alerion Clean Power

Market Cap: €1.0b

Engages in electricity production from renewable sources in the wind and solar power in Italy, Spain, Bulgaria, and Romania.

Uniper

Market Cap: €19.9b

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

Fortum Oyj

Market Cap: €21.0b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Engie

Market Cap: €57.3b

Engages in renewables and decentralized and low-carbon energy networks in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

AES

Market Cap: €10.6b

Operates as a power generation and utility company.

Distribuzione Elettrica Adriatica

Market Cap: €64.5m

Engages in managing the electricity network in Central and Northern Italy.

Enagás

Market Cap: €4.2b

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

Dominion Energy

Market Cap: €56.6b

Provides regulated electricity and natural gas services in the United States.

EVN

Market Cap: €5.1b

Provides energy and environmental services in Austria, Bulgaria, North Macedonia, Croatia, Germany, and Albania.

Ascopiave

Market Cap: €581.1m

Engages in the distribution of natural gas in Italy.

RWE

Market Cap: €40.8b

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

Snam

Market Cap: €18.3b

Engages in the operation of natural gas transport and storage infrastructure.

Consolidated Edison

Market Cap: €39.4b

Through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States.

Xcel Energy

Market Cap: €47.2b

Through its subsidiaries, operates as an electric and natural gas delivery company in the United States.

NextEra Energy

Market Cap: €171.7b

Through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America.

Talen Energy

Market Cap: €15.0b

An independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Ecosuntek

Market Cap: €65.5m

Engages in the photovoltaic electricity generation activities in Italy and internationally.

PPL

Market Cap: €25.6b

Provides electricity and natural gas to approximately 3.6 million customers in the United States.

PG&E

Market Cap: €30.4b

Through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States.