Canadian Utilities Limited (OTCPK:CDUAF), which offers electricity among other energy services, recently signed a transaction to increase its exposure to the renewable industry. Besides, with expertise targeting both consumers and industrial groups, management intends to enter new markets outside North America. With my own forecasts about future free cash flow generation, I obtained a valuation of close to $43, which is larger than the current price mark. With global assets valued at approximately $21 billion, Canadian Utilities Limited provides energy services to businesses, industries, and homes. The company belongs to the ATCO group, and is based in Canada.