Global Utilities Too Big To Fail

BKW

Market Cap: CHF 6.9b

An energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

ENN Natural Gas

Market Cap: CN¥50.8b

Engages in the natural gas business in China and internationally.

Kunlun Energy

Market Cap: HK$56.9b

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the Republic of Kazakhstan, the Sultanate of Oman, and the Kingdom of Thailand.

ENN Energy Holdings

Market Cap: HK$45.7b

An investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People’s Republic of China.