Global Utilities Strong Balance Sheet Stocks

Lotus Hydro Power

Market Cap: LK₨1.7b

Owns, builds, operates, and maintains power generating facilities in Sri Lanka.

Pha Lai Thermal Power

Market Cap: ₫3.4t

Engages in the generation and sale of electricity in Vietnam.

Puxing Energy

Market Cap: HK$646.6m

An investment holding company, develops, operates, and manages natural gas-fired power plants in the People’s Republic of China.

Volt Group

Market Cap: AU$16.0m

Engages in the provision of power generation technology solutions in Australia.

Guangzhou Devotion Thermal Technology

Market Cap: CN¥2.8b

Guangzhou Devotion Thermal Technology Co., Ltd.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Hua Na Hydropower

Market Cap: ₫5.6t

Engages in the electricity generation activities.

Vinacomin - Power Holding

Market Cap: ₫8.1t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Henan Lantian GasLtd

Market Cap: CN¥7.3b

Henan Lantian Gas Co.,Ltd., together with its subsidiaries, transports and sells natural gas pipelines in China.

Hydrogène de France Société anonyme

Market Cap: €63.7m

Develops and operates as independent power producer in France and internationally.

Transnational Corporation of Nigeria

Market Cap: ₦468.0b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Nuoc Trong Hydro - Power

Market Cap: ₫601.7b

Engages in the production, transmission, and distribution of hydro-electricity in Vietnam.

Mosenergo

Market Cap: ₽76.8b

Public Joint Stock Company Mosenergo engages in the production, generation, and distribution of heat and electric power in the Moscow City and Moscow region.

Lipetsk Power Sale Company

Market Cap: ₽1.3b

Lipetsk Power Sale Company Open Joint-Stock Company engages in the supply of electricity to businesses and individuals in the Lipetsk region, Russia.

Perm Energy Supplying

Market Cap: ₽4.1b

Public Joint Stock Company Perm Energy Supplying Company engages in the electricity supply to the population and organizations of the Perm Krai.

Energía del Pacífico

Market Cap: S/64.1m

Engages in the generation and transmission of electricity in Peru.

Compania de Electricidad de Tulua E.S.P

Market Cap: Col$166.0b

Compania de Electricidad de Tulua S.A. E.S.P.

Positron Energy

Market Cap: ₹2.5b

Distributes and sells coal bed methane and natural gas in India and internationally.

PTC India

Market Cap: ₹50.2b

Engages in the trading and generating of power in India, Nepal, Bhutan, and Bangladesh.

Shin Hai Gas

Market Cap: NT$9.0b

Engages in the supply of natural gas in Taiwan.

VA Tech Wabag

Market Cap: ₹91.1b

Engages in the design, supply, installation, construction, operation, and maintenance of drinking water, waste and industrial water treatment, and desalination plants in India and internationally.

Sembcorp Salalah Power & Water Company SAOG

Market Cap: ر.ع175.6m

Develops, owns, and operates an electricity generation and seawater desalination plant in the Salalah region.

Kyungdong City Gas

Market Cap: ₩119.9b

Engages in the manufacture and supply of liquefied natural gas through a network of pipelines.

Zhongmin Energy

Market Cap: CN¥9.8b

Focuses on the development and construction of power generation projects in China.

De.mem

Market Cap: AU$29.3m

Designs, builds, owns, and operates modern water treatment systems for industrial, municipal, and residential sectors in Australia, Singapore, and Germany.

ZR2 Bioenergy

Market Cap: ₹1.3b

Operates as a bioenergy manufacturing company.

Lalpir Power

Market Cap: PK₨9.8b

Owns, operates, and maintains a fuel fired power station in Pakistan.

Distribuidora de Gas Cuyana

Market Cap: AR$277.2b

Distributes natural gas in the Mendoza, San Luis, and San Juan provinces of Argentina.

Enel Generación Chile

Market Cap: CL$3.8t

Engages in the generation, transmission, and distribution of energy in Chile.

ENEA

Market Cap: zł9.3b

Generates, transmits, distributes, and trades in electricity in Poland.

Oceanic Wind Energy

Market Cap: CA$7.4m

Operates as a renewable energy company in Canada.

Burgenland Holding

Market Cap: €225.0m

Through its investment in Burgenland Energie AG, engages in the generation and sale of electricity in Austria.

Krasnoyarskenergosbyt

Market Cap: ₽4.3b

Public Joint Stock Company Krasnoyarskenergosbyt sells electricity in Russia.

Ben Thanh Water Supply

Market Cap: ₫561.6b

Designs, develops, constructs, and manages water supply systems in Vietnam.

Zhejiang Xinzhonggang Thermal Power

Market Cap: CN¥3.5b

Zhejiang Xinzhonggang Thermal Power Co., LTD.

Hsin Tai Gas

Market Cap: NT$9.9b

Engages in the supply of natural gas in Taiwan.