Nov 5 (Reuters) - Spanish energy and water utility Cox

said on Tuesday it intended to raise as much as 222 million

euros ($242 million) in an initial public offering (IPO) on the

Madrid stock market that would value it at up to $1.02 billion.

The company plans to price the newly issued shares within a

range of 10.23 euros to 11.38 euros each, it said in a filing to

the local stock market regulator.

It plans to offer between 17.57 million and 19.55 million

ordinary shares, the filing said.

The shares are expected to be listed on or about Nov. 14.

Several European companies have listed this year after an

improvement in market sentiment boosted stock prices, including

Barcelona-based beauty group Puig in May, although

Barcelona-based frozen-bakery producer Europastry, cancelled an

IPO last month.

Banco Santander, Bank of America and Citigroup ( C/PN ) are acting as

joint global coordinators, Cox has said.

($1 = 0.9171 euros)