Russian Utilities Potentially Undervalued Companies

Federal Grid Company of Unified Energy System

Market Cap: ₽113.0b

Public Joint-Stock Company Federal Grid Company of Unified Energy System develops, operates, and manages the Unified National Electric Grid in Russia.

Rosseti Centre

Market Cap: ₽10.4b

Public Joint Stock Company Rosseti Centre operates as a power grid company in Russia.

Mordovia Energy Retail Company

Market Cap: ₽437.1m

Mordovia Energy Retail Company Public Joint-Stock Company, an energy sales company, purchases and sells electricity in the wholesale and retail markets in Russia.

Rosseti Moscow Region

Market Cap: ₽42.9b

Public Joint-Stock Company "Rosseti Moscow Region", together with its subsidiaries, engages in the transmission of electricity through electrical networks primarily in Moscow, Russia.

Rosseti Lenenergo

Market Cap: ₽72.4b

Public Joint stock company Rosseti Lenenergo engages in the transmission and distribution of electricity in the Russian Federation.

Krasnoyarskenergosbyt

Market Cap: ₽4.3b

Public Joint Stock Company Krasnoyarskenergosbyt sells electricity in Russia.

Territorial Generation Company No.2

Market Cap: ₽4.0b

Public Joint-Stock Company Territorial Generation Company No.2 engages in the production and sale of electricity and heat in the Northwestern and Central Federal districts of Russia.

Second Generating Company of the Electric Power Wholesale Market

Market Cap: ₽64.8b

Public Joint-Stock Company "Second Generating Company of the Electric Power Wholesale Market", together with its subsidiaries, generates and sells electricity and thermal energy in Russia.

Magadanenergo

Market Cap: ₽3.3b

Public Joint Stock Company Magadanenergo, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, gas, and steam in Russia.

Interregional Distribution Grid Company of Urals

Market Cap: ₽13.3b

Interregional Distribution Grid Company of Urals, Joint Stock Company provides electricity transmission and distribution services in Russia.

Rosseti Centre and Volga region

Market Cap: ₽20.3b

Public Joint stock company Rosseti Centre and Volga region, together with its subsidiaries, engages in the transmission and distribution of electricity in Russia.

Energy and Electrification Company Samaraenergo

Market Cap: ₽4.3b

Public Joint-Stock Energy and Electrification Company Samaraenergo, an energy sales company, supplies electricity in the Samara region.

Inter RAO UES

Market Cap: ₽250.0b

Public Joint Stock Company Inter RAO UES operates as a diversified energy holding company in Russia and internationally.

Group of Companies TNS energo

Market Cap: ₽9.6b

Public Joint Stock Company Group of Companies TNS energo operates as an independent energy supply company in Russia.

Stavropolenergosbyt

Market Cap: ₽593.6m

Stavropolenergosbyt Public Joint-Stock Company supplies electricity in the Stavropol territory, Russia.

Interregional Distribution Grid Company of the North-West

Market Cap: ₽2.6b

Public Joint-Stock Company Interregional Distribution Grid Company of the North-West, together with its subsidiaries, provides services for the transmission and distribution of electricity through electric grids.

Lipetsk Power Sale Company

Market Cap: ₽1.3b

Lipetsk Power Sale Company Open Joint-Stock Company engages in the supply of electricity to businesses and individuals in the Lipetsk region, Russia.

Perm Energy Supplying

Market Cap: ₽4.1b

Public Joint Stock Company Perm Energy Supplying Company engages in the electricity supply to the population and organizations of the Perm Krai.

Unipro

Market Cap: ₽92.6b

Public Joint-Stock Company Unipro engages in the production and sale of electricity, and power and heat energy in Russia.

TNS energo Mari El

Market Cap: ₽2.0b

Public Joint-stock Company TNS energo Mari El supplies electricity in the Republic of Mari El.

TNS energo Rostov-on-Don

Market Cap: ₽4.4b

Public Joint Stock Company "TNS energo Rostov-on-Don" supplies electricity in the Rostov region, Russia.

Territorial Generating Company No. 1

Market Cap: ₽32.6b

Public Joint Stock Company ‘Territorial Generating Company’ No.1 produces electricity and heat in the North-West region of Russia.

Ryazanenergosbyt

Market Cap: ₽3.2b

Joint-Stock Company Ryazanenergosbyt engages in the purchase and sale of electricity in the wholesale and retail markets in the Ryazan Region, Russia.