Global Utilities Strong Balance Sheet Stocks

Dala Energi

Market Cap: SEK 2.7b

Operates as a supplier of electricity, heating, and fiber networks in Sweden.

Genie Energy

Market Cap: US$430.3m

Through its subsidiaries, provides energy services in the United States and internationally.

ZE PAK

Market Cap: zł955.5m

Produces and sells electricity and heat in Poland.

Distribuidora de Gas del Centro

Market Cap: AR$244.7b

Distributes natural gas in the provinces of Córdoba, Catamarca, and La Rioja, Argentina.

Shivamshree Businesses

Market Cap: ₹116.0m

Engages electric power generation using solar energy.

Kohinoor Power

Market Cap: PK₨67.9m

Engages in the generation and sale of electric power in Pakistan.

Advance Metering Technology

Market Cap: ₹389.7m

Engages in the energy generation, measurement, and management activities in India.

Hangzhou Cogeneration Group

Market Cap: CN¥9.8b

Engages in the production of thermoelectricity in China.

TTW

Market Cap: ฿35.3b

Engages in the production and sale of treated water in Thailand.

Kunlun Energy

Market Cap: HK$65.3b

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.

GCL New Energy Holdings

Market Cap: HK$505.2m

An investment holding company, develops, constructs, operates, and manages solar power plants in the People’s Republic of China and the United States.

Hydro Power - Power No. 3

Market Cap: ₫536.8b

Hydro Power Joint Stock Company - Power No.

K&O Energy Group

Market Cap: JP¥75.4b

Engages in the development, production, supply, and sale of natural gas and iodine in Japan.

SPCG

Market Cap: ฿8.5b

Produces and distributes electricity from solar energy in Thailand and internationally.

Southern Hydropower

Market Cap: ₫3.6t

Engages in the construction, production, installation, and operation of hydropower plants in Vietnam.

Pertamina Geothermal Energy

Market Cap: Rp39.6t

Engages in the development of geothermal energy in the upstream and downstream sectors in Indonesia and internationally.

eVISO

Market Cap: €249.7m

Develops a platform of artificial intelligence in the commodities market primarily in Italy.

Drax Group

Market Cap: UK£2.2b

Engages in renewable power generation in the United Kingdom.

E4U

Market Cap: Kč597.9m

Invests in and operates plants that generate energy from renewable sources in the Czech Republic.

Park Elektrik Üretim Madencilik Sanayi ve Ticaret

Market Cap: ₺2.7b

Through its subsidiary, Konya Ilgin Elektrik Üretim Sanayi ve Ticaret A.S., generates and sells electricity in Turkey.

Frendy Energy

Market Cap: €12.3m

Engages in the production of electricity through hydroelectric power plants in Italy.

OPG Power Ventures

Market Cap: UK£19.2m

Develops, owns, operates, and maintains private sector power projects in India.

Shougang Generación EléctricaA

Market Cap: S/29.2m

Engages in the generation, transmission, and distribution of electrical energy in Peru.

Oklo

Market Cap: US$3.8b

Develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to the customers in the United States.

Eletrobrás Participações - Eletropar

Market Cap: R$470.4m

Provides electricity services in Brazil.

Carnegie Clean Energy

Market Cap: AU$14.3m

Develops and commercializes the CETO wave energy technology, which converts ocean waves into zero-emission electricity worldwide.

Magnora

Market Cap: NOK 1.5b

Operates as a renewable energy development company in Norway, Sweden, South Africa and the United Kingdom.

Jy Gas

Market Cap: HK$160.6m

An investment holding company, engages in the sale of natural gas in the People’s Republic of China.

Xinda Investment Holdings

Market Cap: HK$166.3m

Engages in the smart energy and public infrastructure construction businesses in the People’s Republic of China.

Nishat Chunian Power

Market Cap: PK₨8.4b

Nishat Chunian Power Limited builds, owns, operates, and maintains a fuel fired power station in Pakistan.

Dawood Lawrencepur

Market Cap: PK₨12.5b

Through its subsidiaries, engages in trading and marketing of renewable energy solutions, primarily wind and solar energy to the commercial and industrial consumers in Pakistan.

S.N. Nuclearelectrica

Market Cap: RON 11.6b

Engages in the production and transmission of electricity and thermal energy in Romania.

Tri-Star Power

Market Cap: PK₨83.3m

Generates, distributes, and supplies electricity in Pakistan.

Tianjin Jinran Public Utilities

Market Cap: HK$321.9m

Engages in the sale of piped natural gas in Mainland China.

Green Resources

Market Cap: ฿711.7m

Engages in the alternative energy businesses in Thailand.

Lopez Holdings

Market Cap: ₱10.7b

Through its subsidiaries, engages in the power generation and distribution business in the Philippines.