Mexican Utilities Potentially Undervalued Companies

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E)

Market Cap: Mex$27.2b

Fideicomiso Irrevocable Numero Cib/2919 (Cfe Fibra E) was founded in 2018 and is based in Mexico.

REN - Redes Energéticas Nacionais SGPS

Market Cap: Mex$1.5b

Engages in the transmission of electricity and natural gas in Portugal.

Veolia Environnement

Market Cap: Mex$21.1b

Designs and provides water, waste, and energy management solutions.

Drax Group

Market Cap: Mex$2.5b

Engages in renewable power generation in the United Kingdom.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: Mex$82.5b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Fortum Oyj

Market Cap: Mex$11.0b

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.

Black Hills

Market Cap: Mex$4.2b

Through its subsidiaries, operates as an electric and natural gas utility company in the United States.

Fortis

Market Cap: Mex$33.8b

Operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries.

AES

Market Cap: Mex$10.1b

Operates as a power generation and utility company.

Boralex

Market Cap: Mex$2.7b

Engages in the developing, building, and operating power generating and storage facilities in Canada, France, and the United States.