Global Utilities Strong Balance Sheet Stocks

Transnational Corporation of Nigeria

Market Cap: ₦469.5b

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

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.

MDI Energia

Market Cap: zł40.9m

Engages in the renewable energy business in Poland and internationally.

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: ₫3.5t

Engages in the generation and sale of electricity in Vietnam.

Guangzhou Devotion Thermal Technology

Market Cap: CN¥2.9b

Guangzhou Devotion Thermal Technology Co., Ltd.

Volt Group

Market Cap: AU$15.0m

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

Henan Lantian GasLtd

Market Cap: CN¥7.2b

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

Hua Na Hydropower

Market Cap: ₫5.5t

Engages in the electricity generation activities.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Puxing Energy

Market Cap: HK$591.6m

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

Hydrogène de France Société anonyme

Market Cap: €67.6m

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

Nuoc Trong Hydro - Power

Market Cap: ₫594.1b

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.

Distribuidora de Gas Cuyana

Market Cap: AR$227.6b

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

Burgenland Holding

Market Cap: €225.0m

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

Oceanic Wind Energy

Market Cap: CA$7.4m

Operates as a renewable energy company in Canada.

Enel Generación Chile

Market Cap: CL$3.7t

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.

Compania de Electricidad de Tulua E.S.P

Market Cap: Col$166.0b

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

Shin Hai Gas

Market Cap: NT$9.0b

Engages in the supply of natural gas in Taiwan.

Zhongmin Energy

Market Cap: CN¥9.9b

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

VA Tech Wabag

Market Cap: ₹95.4b

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.

Positron Energy

Market Cap: ₹2.8b

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

Sembcorp Salalah Power & Water Company SAOG

Market Cap: ر.ع173.7m

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

Kyungdong City Gas

Market Cap: ₩122.2b

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

De.mem

Market Cap: AU$32.3m

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

PTC India

Market Cap: ₹51.6b

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

Lalpir Power

Market Cap: PK₨9.9b

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

ENEA

Market Cap: zł9.1b

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

Krasnoyarskenergosbyt

Market Cap: ₽4.3b

Public Joint Stock Company Krasnoyarskenergosbyt sells electricity in Russia.

Consolidated Water

Market Cap: US$532.0m

Supplies potable water, treats wastewater and water for reuse, and provides water-related products and services in the Cayman Islands, the Bahamas, the United States, and the British Virgin Islands.

Mien Trung Power Investment and Development

Market Cap: ₫1.6t

Engages in the generating, transmitting and distributing electricity in Vietnam.

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener

Market Cap: AR$804.0b

Compañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.