Recently, we have been focusing our research on finding income opportunities in southern European countries, mainly within the regulated utilities sector. We have analysed a few targets with higher yields and attractive valuations, and have found many that are very interesting. In the end, we selected a regulated gas utility and a company managing both a power grid and renewable power generating assets. Since both these are to an extent regulated utilities, their incomes are preordained by government frameworks and fixed, demand-decoupled tariffs. For that reason, these are all superb picks for the income investor