Italian Utilities Potentially Undervalued Companies

Hera

Market Cap: €5.9b

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

AES

Market Cap: €10.1b

Operates as a power generation and utility company.

Enagás

Market Cap: €3.8b

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

EVN

Market Cap: €5.0b

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

Eversource Energy

Market Cap: €27.7b

A public utility holding company, engages in the energy delivery business.

Corporación Acciona Energías Renovables

Market Cap: €6.4b

Corporación Acciona Energías Renovables, S.A.

A2A

Market Cap: €7.3b

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

Ecosuntek

Market Cap: €37.4m

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

BKW

Market Cap: €7.8b

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.

Alerion Clean Power

Market Cap: €1.1b

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

Atmos Energy

Market Cap: €30.6b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Exelon

Market Cap: €50.3b

A utility services holding company, engages in the energy distribution and transmission businesses in the United States.

Solaria Energía y Medio Ambiente

Market Cap: €2.3b

Generates solar photovoltaic energy.

Uniper

Market Cap: €13.9b

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

Southern

Market Cap: €108.9b

Through its subsidiaries, engages in the sale of electricity.

Naturgy Energy Group

Market Cap: €23.1b

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

eVISO

Market Cap: €175.5m

Supplies electricity and gas in Italy and Europe.

Iren

Market Cap: €3.3b

Operates as a multi-utility company in Italy.

RWE

Market Cap: €37.9b

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

Snam

Market Cap: €21.7b

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

Ascopiave

Market Cap: €825.7m

Engages in the distribution of natural gas in Italy.

Talen Energy

Market Cap: €14.6b

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

Edison International

Market Cap: €27.2b

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

Acciona

Market Cap: €11.4b

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

VERBUND

Market Cap: €22.7b

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.

Iniziative Bresciane

Market Cap: €65.8m

Engages in the design, construction, and management of medium and small-sized hydroelectric plants in Italy.

ACEA

Market Cap: €5.1b

Operates as a multi-utility company in Italy.

PG&E

Market Cap: €39.9b

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.