European Utilities

European banks

Mystery behind European Banks vs Utilities PER differential

In April 2018 both banks and utilities had practically the same PER, around 12.5.  Since then there has been an extreme relative movement between them, with electricity companies getting more expensive and banks cheaper, analysts at M&G Valores point out.



European Utilities Will Invest Nearly €85 Bn In Renewables And Networks

The main European electricity companies will invest nearly €85 billion over the next four years to speed up their strategic transformation to enable them to deal with the foreseeable drop in coal and gas prices. The companies plan to turn their strategies around, focusing more on renewable energies, networks and regulated activities.