HSBC Global Research: European Utilities
Date: 22 November 2011
Language: English
Pages: 206
詳細內容如下:

Utilities: negotiating the pitfalls in 2012 1
Political risk: still there, but well discounted 10
Demand and pricing outlook 43
Gas market recovery 60
Growth segments …few easy pickings 70
Water and waste 85
Balance sheet and credit outlook 92
Valuation and risks 102
Company profiles 113
GDF Suez 114
EDF 117
E.ON 120
Enel 123
Iberdrola 126
Centrica 129
RWE 132
SSE 135
Gas Natural Fenosa 138
Energias de Portugal 141
International Power 144
CEZ 147
Fortum 150
Verbund 153
Drax Group PLC 156
National Grid 159
Snam Rete Gas 162
Terna 165
Red Eléctrica 168
Enagás 171
Veolia Environnement 174
Suez Environnement 177
United Utilities 180
Severn Trent 183
Pennon Group 186
Appendices 189
Disclosure appendix 201
Disclaimer 204