Italian Utilities Potentially Undervalued Companies

AES

Market Cap: €10.1b

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

Edison International

Market Cap: €21.8b

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: €26.8b

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

Engie

Market Cap: €51.4b

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.

Acciona

Market Cap: €10.6b

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

Ecosuntek

Market Cap: €36.3m

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

Exelon

Market Cap: €46.2b

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

E.ON

Market Cap: €42.2b

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

Hera

Market Cap: €5.8b

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

Uniper

Market Cap: €11.6b

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

Solaria Energía y Medio Ambiente

Market Cap: €1.9b

Generates solar photovoltaic energy.

Naturgy Energy Group

Market Cap: €26.2b

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

Pinnacle West Capital

Market Cap: €10.5b

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

RWE

Market Cap: €30.8b

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: €32.6b

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

A2A

Market Cap: €8.3b

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

Iren

Market Cap: €3.3b

Operates as a multi-utility company in Italy.

eVISO

Market Cap: €176.0m

Supplies electricity and gas in Italy and Europe.

Snam

Market Cap: €18.8b

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

EVN

Market Cap: €4.7b

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

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: €4.5b

Operates as a multi-utility company in Italy.

BKW

Market Cap: €8.8b

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.

PG&E

Market Cap: €35.9b

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.