Global Utilities Strong Balance Sheet Stocks

TTW

Market Cap: ฿34.7b

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

Kunlun Energy

Market Cap: HK$67.5b

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.

Pertamina Geothermal Energy

Market Cap: Rp59.4t

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

SPCG

Market Cap: ฿8.4b

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.

Xinjiang East Universe GasLtd

Market Cap: CN¥3.8b

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

GCL New Energy Holdings

Market Cap: HK$683.9m

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

Greenet

Market Cap: NT$3.1b

Engages in renewable energy sales business.

Hangzhou Cogeneration Group

Market Cap: CN¥10.0b

Engages in the production of thermoelectricity in China.

National Gas and Industrialization

Market Cap: ر.س5.9b

Engages in exploits, manufactures, and markets various kinds of gas and its derivatives, and industrial gases in the Kingdom of Saudi Arabia and internationally.

K&O Energy Group

Market Cap: JP¥72.8b

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

Advance Metering Technology

Market Cap: ₹438.4m

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

ZE PAK

Market Cap: zł1.3b

Produces and sells electricity and heat in Poland.

E4U

Market Cap: Kč884.9m

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

Central Costanera

Market Cap: AR$277.3b

Generates, produces, transports, distributes, and commercializes of electrical energy and its marketing in bulk from conventional sources in Argentina.

Distribuidora de Gas del Centro

Market Cap: AR$272.8b

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

Dala Energi

Market Cap: SEK 2.8b

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

Drax Group

Market Cap: UK£2.4b

Engages in renewable power generation in the United Kingdom.

Maxim Power

Market Cap: CA$291.0m

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

Park Elektrik Üretim Madencilik Sanayi ve Ticaret

Market Cap: ₺2.5b

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

eVISO

Market Cap: €235.8m

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

Genie Energy

Market Cap: US$672.2m

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

Etrion

Market Cap: US$66.8k

Does not have significant operations.

Shougang Generación EléctricaA

Market Cap: S/29.2m

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

Gujarat State Petronet

Market Cap: ₹188.5b

Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India.

Vidullanka

Market Cap: LK₨14.5b

Engages renewable energy power generation business in Sri Lanka and Uganda.

Jiangxi Bestoo EnergyLtd

Market Cap: CN¥5.7b

Provides centralized heating services for industrial parks and downstream industrial customers in China.

Veer Energy & Infrastructure

Market Cap: ₹268.3m

Engages in the development, construction, implementation, and operation of renewable energy and other infrastructure projects in India.

Dawood Lawrencepur

Market Cap: PK₨14.9b

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

Tianjin Jinran Public Utilities

Market Cap: HK$371.5m

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

Xinda Investment Holdings

Market Cap: HK$151.4m

Owns and operates solar power plants and public infrastructure construction business in the People’s Republic of China.

Green Resources

Market Cap: ฿597.2m

Engages in the alternative energy businesses in Thailand.

Jy Gas

Market Cap: HK$182.6m

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

Tri-Star Power

Market Cap: PK₨111.2m

Generates, distributes, and supplies electricity in Pakistan.

Carnegie Clean Energy

Market Cap: AU$18.7m

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

Nishat Chunian Power

Market Cap: PK₨9.1b

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