Italian Utilities Potentially Undervalued Companies

AES

Market Cap: €10.6b

Operates as a power generation and utility company in the United States and internationally.

EVN

Market Cap: €4.9b

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

Edison International

Market Cap: €23.4b

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

Alerion Clean Power

Market Cap: €1.0b

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

Eversource Energy

Market Cap: €25.5b

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

Naturgy Energy Group

Market Cap: €24.8b

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

Acciona

Market Cap: €10.4b

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

PG&E

Market Cap: €35.8b

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.

Ecosuntek

Market Cap: €40.1m

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

VERBUND

Market Cap: €21.6b

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.

E.ON

Market Cap: €43.0b

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

Exelon

Market Cap: €44.4b

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

Hera

Market Cap: €5.9b

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

Uniper

Market Cap: €13.9b

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

Solaria Energía y Medio Ambiente

Market Cap: €2.2b

Generates solar photovoltaic energy.

Southern

Market Cap: €96.0b

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

Engie

Market Cap: €55.7b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Enagás

Market Cap: €3.5b

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

Fortum Oyj

Market Cap: €16.6b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Iren

Market Cap: €3.3b

Operates as a multi-utility company in Italy.

Snam

Market Cap: €18.9b

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

RWE

Market Cap: €33.5b

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

NRG Energy

Market Cap: €31.8b

Operates as an energy and home services company in the United States and Canada.

eVISO

Market Cap: €165.9m

Supplies electricity and gas in Italy and Europe.

A2A

Market Cap: €7.2b

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

Iniziative Bresciane

Market Cap: €62.6m

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

ACEA

Market Cap: €4.7b

Operates as a multi-utility company in Italy.

BKW

Market Cap: €8.9b

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.