Asset Portfolio SimplificationRecent acquisitions and the exercise of put options have simplified the asset portfolio by consolidating gas distribution concessions, improving transparency on asset value for investors.
Core Gas Distribution GrowthSustained growth in the core gas distribution business is strengthening revenue visibility and encouraging investors to reassess the company's underlying fundamentals.
Valuation Gap Versus Regulated Asset BaseA notable discount to the regulated asset base implies potential upside if the market re-rates the stock to better reflect predictable regulated cash flows.