Italian Utilities Potentially Undervalued Companies

Alerion Clean Power

Market Cap: €789.1m

Engages in the production of electricity through solar and wind power in Italy, Spain, the United Kingdom, Bulgaria, and Romania.

Italgas

Market Cap: €5.8b

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

E.ON

Market Cap: €40.6b

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

Fortum Oyj

Market Cap: €12.1b

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.

Engie

Market Cap: €45.8b

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.

RWE

Market Cap: €25.1b

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

ACEA

Market Cap: €4.2b

Develops and operate safe and sustainable infrastructure in Italy.

Exelon

Market Cap: €46.6b

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

Enel

Market Cap: €76.1b

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

Distribuzione Elettrica Adriatica

Market Cap: €56.9m

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

Corporación Acciona Energías Renovables

Market Cap: €5.2b

Corporación Acciona Energías Renovables, S.A.

Enagás

Market Cap: €3.5b

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

Snam

Market Cap: €16.7b

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

A2A

Market Cap: €6.7b

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

Iren

Market Cap: €3.1b

Operates as a multi-utility company in Italy.

EVN

Market Cap: €3.9b

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

NextEra Energy

Market Cap: €133.0b

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