EMEA - Utilities Coverage Cluster BofA Merrill Lynch Investment rating Company ticker Bloomberg symbol Analyst BUY EDF ECIFF EDF FP Peter Bisztyga EDP EDPFY EDPFY US Harry Wyburd EDP ELCPF EDP PL Harry Wyburd EDP Renovaveis EDRVF EDPR PL Pinaki Das Enel ESOCF ENEL IM Harry Wyburd Engie ENGQF ENGI FP Peter Bisztyga Gamesa GCTAF GAM SM Pinaki Das lberdrola IBDSF IBE SM Peter Bisztyga innogy XISAF IGY GR Peter Bisztyga National Grid NGGTF NG/LN Fraser McLaren National Grid NGG NGG US Fraser McLaren Red Electrica RDEIF REE SM Harry Wyburd Saeta Yield XSTAF SAY SM Pinaki Das Senvion SA XSHVF SEN GR Pinaki Das Suez SZEVF SEV FP Pinaki Das Terna TERRF TRN IM Harry Wyburd Veolia VEOEF VIE FP Pinaki Das Veolia VEOEY VEOEY US Pinaki Das Vestas VWSYF VWS DC Pinaki Das NEUTRAL Acciona ACXIF ANA SM Pinaki Das Drax Group Ltd DRXGF DRX LN Fraser McLaren E.ON ENAKF EOAN GR Peter Bisztyga E.ON EONGY EONGY US Peter Bisztyga Gas Natural Fenosa GASNF GAS SM Harry Wyburd ltalgas XXYZF IG IM Harry Wyburd Nordex NRDXF NDX1 GR Pinaki Das RWE RWNFF RWE GR Peter Bisztyga RWE RWEOY RWEOY US Peter Bisztyga SSE SSEZF SSE LN Fraser McLaren SSE SSEZY SSEZY US Fraser McLaren Uniper XUIKF UN01 GY Peter Bisztyga UNDERPERFORM Centrica CPYYF CNA LN Fraser McLaren Centrica CPYYY CPYYY US Fraser McLaren DONG Energy XDJBF DENERG DC Pinaki Das Enagas ENGGF ENG SM Harry Wyburd Endesa ELEZF ELE SM Harry Wyburd Fortum FOJCF FORTUM FH Peter Bisztyga Pennon PEGRF PNN LN Fraser McLaren Severn Trent SVTRF SVT LN Fraser McLaren Snam SNMRF SRG IM Harry Wyburd United Utilities UUGWEF UU/ LN Fraser McLaren RSTR Abengoa B AGOAF ABG/P SM Pinaki Das parila Global Equity Volatility Insights | 06 June 201731 HOUSE_OVERSIGHT_023605