Global Utilities Strong Balance Sheet Stocks

Hua Na Hydropower

Market Cap: ₫5.9t

Engages in the electricity generation activities.

MDI Energia

Market Cap: zł53.3m

Engages in the renewable energy business in Poland and internationally.

Pha Lai Thermal Power

Market Cap: ₫4.0t

Engages in the generation and sale of electricity in Vietnam.

Nuoc Trong Hydro - Power

Market Cap: ₫604.9b

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

Henan Lantian GasLtd

Market Cap: CN¥7.5b

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

Vinacomin - Power Holding

Market Cap: ₫8.5t

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.

Volt Group

Market Cap: AU$16.1m

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

Lotus Hydro Power

Market Cap: LK₨1.4b

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

Guangzhou Devotion Thermal Technology

Market Cap: CN¥2.5b

Guangzhou Devotion Thermal Technology Co., Ltd.

NZ Windfarms

Market Cap: NZ$85.5m

Generates and sells renewable electricity to the national grid in New Zealand.

Hydrogène de France Société anonyme

Market Cap: €73.3m

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

Vallibel Power Erathna

Market Cap: LK₨10.4b

Engages in the generation and supply of hydroelectric energy to the Ceylon Electricity Board in Sri Lanka.

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.

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.

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.

Distribuidora de Gas Cuyana

Market Cap: AR$249.9b

Distributes natural gas in the Córdoba, Mendoza, La Rioja, San Luis, Catamarca, and San Juan provinces of Argentina.

Velcan Holdings

Market Cap: €82.2m

An investment holding company, engages in managing a portfolio of investments.

MVV Energie

Market Cap: €2.0b

Provides electricity, heat, gas, water, and waste treatment and disposal products primarily in Germany.

Oceanic Wind Energy

Market Cap: CA$4.8m

Operates as a renewable energy company in Canada.

Burgenland Holding

Market Cap: €201.0m

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

Wigton Energy

Market Cap: JA$13.6b

Engages in the generation and sale of electricity from wind technology in Jamaica.

Compania de Electricidad de Tulua E.S.P

Market Cap: Col$166.0b

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

Enel Generación Chile

Market Cap: CL$4.0t

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

Energía del Pacífico

Market Cap: S/64.1m

Engages in the generation and transmission of electricity in Peru.

Zhongmin Energy

Market Cap: CN¥10.6b

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

Shin Hai Gas

Market Cap: NT$9.2b

Engages in the supply of natural gas in Taiwan.

Rojana Industrial Park

Market Cap: ฿10.2b

Engages in the manufacture and sale of electricity from solar cell system in Thailand.

Lalpir Power

Market Cap: PK₨8.4b

Owns, operates, and maintains a fuel fired power station in Mehmood Kot, Muzaffargarh, Punjab, Pakistan.

IRM Energy

Market Cap: ₹10.8b

A city gas distribution company, engages in the laying, building, operating, and expanding of city and local natural gas distribution network in India.

Kyungdong City Gas

Market Cap: ₩104.0b

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

PTC India

Market Cap: ₹50.7b

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

PetroVietnam Power Nhon Trach 2

Market Cap: ₫5.4t

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

VA Tech Wabag

Market Cap: ₹79.2b

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.

Kingfore Energy Group

Market Cap: CN¥2.1b

Manufactures and sells energy saving products in China.

De.mem

Market Cap: AU$32.2m

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

ENEA

Market Cap: zł7.9b

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