The Utilities sector can be divided into ‘Electric’, ‘Gas’, ‘Water’, ‘Power’, ‘Renewable’ and ‘Multi-Line’. These companies are both B2B and B2C.

Utilities companies are subject to strong regulation. Investment projects generally cost several years of development at relatively high costs. In various countries, Electric, Gas, Water and Power companies can have a fixed position (a regulated monopoly), while in certain other countries competition might be a bit more prevalent. The Renewables group is a fairly young sector with low barriers to entry and (often) substantial competition.

While investment costs are often high in this sector, customer relationships are often long-term and rates can in most cases be either fixed or regulated. As such, (operating) cash flow volatility may be lower in this segments than several other sectors.

AN Valuations is experienced across the Utilities sector and in several countries. Clients trust AN Valuations because of our experience, expertise and client-centric approach.