Five foreign electric utility ADRs trading on the OTC markets is listed in the table below:
[TABLE=869]
CLP Holdings Limited(CLPHY) is a Hong Kong-based electric utility with operations in China, Taiwan, Australia, India and Southeast Asia. Since the credit crisis the stock has recovered nicely and closed near its 5-year high of about $8.5o on Friday.
Among the four European utilities mentioned above, E.ON and RWE AG are two of the largest utilities in Germany. International Power plc (IPRPY) is a UK-based electric utility with operations in many countries.
Disclosure: Long EONGY