Italian Utilities Potentially Undervalued Companies

Alerion Clean Power

Market Cap: €890.9m

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

Italgas

Market Cap: €5.7b

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

Exelon

Market Cap: €43.7b

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

E.ON

Market Cap: €40.1b

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

AES

Market Cap: €8.1b

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

Engie

Market Cap: €48.0b

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.

ACEA

Market Cap: €4.6b

Operates as a multi-utility company in Italy.

Iniziative Bresciane

Market Cap: €64.2m

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

PG&E

Market Cap: €30.0b

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.

Enel

Market Cap: €81.1b

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

Uniper

Market Cap: €16.3b

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

Fortum Oyj

Market Cap: €14.5b

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.

Enagás

Market Cap: €3.7b

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

Pinnacle West Capital

Market Cap: €10.7b

Through its subsidiary, provides retail and wholesale electric services primarily in the state of Arizona.

Endesa

Market Cap: €28.4b

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.

Distribuzione Elettrica Adriatica

Market Cap: €59.4m

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

A2A

Market Cap: €7.3b

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

RWE

Market Cap: €26.2b

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

Iren

Market Cap: €3.5b

Operates as a multi-utility company in Italy.

eVISO

Market Cap: €218.2m

Develops a platform of artificial intelligence in the commodities market primarily in Italy.

EVN

Market Cap: €4.2b

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

Snam

Market Cap: €17.5b

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

Edison International

Market Cap: €18.6b

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

Ecosuntek

Market Cap: €37.4m

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