Global Utilities Strong Balance Sheet Stocks

Nordic Financials

Market Cap: NOK 38.4m

Does not have significant operations.

Copperbelt Energy

Market Cap: K37.1b

Engages in the generation, distribution, transmission, sale, and trade of electricity to mining customers in Zambia and the Democratic Republic of Congo (DRC).

Park Elektrik Üretim Madencilik Sanayi ve Ticaret

Market Cap: ₺2.6b

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

Axolot Solutions Holding

Market Cap: SEK 113.8m

Provides solutions for industrial water purification in Sweden.

Umeme

Market Cap: USh313.4b

Engages in the distribution and supply of electricity in Uganda.

Maxim Power

Market Cap: CA$292.6m

An independent power producer, develops, owns, and operates power and power related projects in Canada.

E4U

Market Cap: Kč717.5m

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

Central Costanera

Market Cap: AR$329.9b

Generates, transports, trades, and distributes electrical energy in Argentina.

Distribuidora de Gas del Centro

Market Cap: AR$389.1b

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

K&O Energy Group

Market Cap: JP¥95.3b

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

GCL New Energy Holdings

Market Cap: HK$1.1b

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

Kunlun Energy

Market Cap: HK$63.4b

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.

Ba Ria Thermal Power

Market Cap: ₫604.9b

Engages in the production and trading of electricity in Vietnam.

IDICO Urban and House Development Investment

Market Cap: ₫428.3b

Provides electricity supply services in Vietnam.

Hydro Power - Power No. 3

Market Cap: ₫471.2b

Hydro Power Joint Stock Company - Power No.

Southern Hydropower

Market Cap: ₫3.5t

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

Charisma Energy Services

Market Cap: S$32.5m

An investment holding company, engages in the generation and sale of energy and power generation services in Singapore and Sri Lanka.

Pertamina Geothermal Energy

Market Cap: Rp53.1t

Engages in the development of the geothermal sector from the upstream and/or downstream sides in Indonesia.

Watlington Waterworks

Market Cap: BD$28.3m

Through its subsidiary, Bermuda Waterworks Limited, engages in the production and distribution of water in Bermuda.

SPCG

Market Cap: ฿8.8b

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

Indraprastha Gas

Market Cap: ₹300.8b

Distributes and sells natural gas in India.

Shenzhen Feima International Supply Chain

Market Cap: CN¥11.7b

Shenzhen Feima International Supply Chain Co., Ltd.

Hangzhou Cogeneration Group

Market Cap: CN¥8.9b

Engages in the production of thermoelectricity in China.

Xinjiang East Universe GasLtd

Market Cap: CN¥4.1b

Engages in the natural gas sales, natural gas facility equipment installation, and natural gas heating businesses.

TTW

Market Cap: ฿35.9b

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

Advance Metering Technology

Market Cap: ₹396.1m

Engages in energy generation, measurement, and management through renewable sources in India.

Adiss

Market Cap: RON 5.2m

An engineering company, designs, develops, produces, manages, and operates water treatment and purification solutions in Romania.

Tri-Star Power

Market Cap: PK₨179.9m

Generates, distributes, and supplies electricity in Pakistan.

Dawood Lawrencepur

Market Cap: PK₨24.1b

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

Nishat Chunian Power

Market Cap: PK₨9.4b

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

Aygaz

Market Cap: ₺44.4b

Aygaz A.S. purchases liquid petroleum gas (LPG) to retailers for distribution to customers in Turkey.

Frendy Energy

Market Cap: €12.8m

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

Çates Elektrik Üretim Anonim Sirketi

Market Cap: ₺5.9b

Engages in the production and sale of electricity through its thermal power plant.

S.N. Nuclearelectrica

Market Cap: RON 14.2b

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

ECB

Market Cap: zł80.6m

Through its subsidiaries, engages in the production and sale of electricity and heat in Poland.

Kontrol Technologies

Market Cap: US$4.8m

Through its subsidiaries, provides energy compliance and consulting services in Canada and the United States.