Global Utilities Strong Balance Sheet Stocks

Senton EnergyLtd

Market Cap: CN¥2.9b

Engages in the procurement, transportation, and sale of LNG in the People’s Republic of China.

Bajel Projects

Market Cap: ₹29.6b

Engages in the engineering, procurement, and construction business in the power transmission and distribution sectors in India and internationally.

Jiangxi Hongcheng EnvironmentLtd

Market Cap: CN¥12.1b

Produces and supplies tap water in China.

Elango Industries

Market Cap: ₹42.0m

Operates as a power generation and distribution company in India.

PannErgy Nyrt

Market Cap: Ft22.8b

Provides clean and renewable energy solutions through the utilisation of geothermal energy in Hungary.

Spruce Power Holding

Market Cap: US$26.2m

Owns and operates distributed solar energy assets in the United States.

Premier Energy

Market Cap: RON 2.6b

Operates as an integrated energy and power infrastructure company in Romania, Moldova, Hungary, and Serbia.

Romande Energie Holding

Market Cap: CHF 1.1b

Engages in the production, distribution, and marketing of electrical and thermal energy in Switzerland.

Pamukova Yenilenebilir Elektrik Uretim

Market Cap: ₺2.8b

Pamukova Yenilenebilir Elektrik Uretim A.S.

Engie

Market Cap: €47.2b

Operates as an energy company, engages in the renewables and decentralized, low-carbon energy networks, and energy services businesses in France, Europe, North America, Asia, the Middle East, Oceania, South America, Africa, and internationally.

Gazprom Gazoraspredelenie Rostov-na-Donu

Market Cap: ₽2.9b

Public Joint Stock Company Gazprom Gazoraspredelenie Rostov-na-Donu engages in the transportation of natural gas in Russia.

Companhia Distribuidora de Gás do Rio de Janeiro - CEG

Market Cap: R$23.9b

Distributes of natural gas in Brazil.

Megapower Makmur

Market Cap: Rp94.0b

Operates as an independent power producing company in Indonesia.

Gallant Venture

Market Cap: S$508.1m

An investment holding company, operates as a commercial developer and integrated master planner and manager for industrial parks and resorts in Indonesia.

Keiyo Gas

Market Cap: JP¥35.3b

Engages in the production, supply, and sale of gas in northwest of Chiba Prefecture, Japan.

Hub Power

Market Cap: PK₨192.2b

Operates as an independent power producer in Pakistan.

Gujarat Industries Power

Market Cap: ₹32.0b

Engages in the generation, transmission, and distribution of electricity to power purchasing companies in India.

Tokyo GasLtd

Market Cap: JP¥1.7t

Engages in the production, supply, and sale of city gas, and LNG in Japan.

Tianjin Development Holdings

Market Cap: HK$2.6b

Through its subsidiaries, supplies water, heat, thermal power, and electricity to industrial, commercial, and residential customers in the People’s Republic of China.

Harbin Hatou InvestmentLtd

Market Cap: CN¥13.6b

Produces and supplies heat and thermal power in the People’s Republic of China.

Rio Paranapanema Energia

Market Cap: R$3.3b

Generates and sells electricity in Brazil.

Sembcorp Salalah Power & Water Company SAOG

Market Cap: ر.ع117.4m

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

Geregu Power

Market Cap: ₦2.9t

Engages in the generation and sale of electric power through the National Grid of the Transmission Company of Nigeria to the Nigerian Bulk Electricity Trading.

Atmos Energy

Market Cap: US$24.7b

Engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States.

Aguas Andinas

Market Cap: CL$1.9t

Aguas Andinas S.A., together with its subsidiaries, constructs and operates as a water utility company in Chile.

Elmera Group

Market Cap: NOK 3.7b

Engages in the purchase, sale, and portfolio management of electrical power to households, private and public companies, and municipalities in Norway, Sweden, and Finland.

MGE Energy

Market Cap: US$3.1b

Through its subsidiaries, operates as a public utility holding company in the United States.

Minera Valparaiso

Market Cap: CL$1.8t

An investment company, engages in the generation and sale of electric power.

Telecom Plus

Market Cap: UK£1.6b

Provides utility services in the United Kingdom.

Enel Chile

Market Cap: CL$4.5t

An electricity utility company, engages in the generation, transmission, and distribution of electricity in Chile.

ERG

Market Cap: €2.7b

Through its subsidiaries, produces energy through renewable sources in Italy, France, Germany, the United Kingdom, Poland, Bulgaria, Sweden, Romania, and Spain.

Engie Energía Perú

Market Cap: S/2.2b

Engages in the electricity generation, transmission, and commercialization activities in Peru.

Energía de Casablanca

Market Cap: CL$3.0b

Engages in the distribution of electricity in Chile.

Magadanenergo

Market Cap: ₽3.3b

Public Joint Stock Company Magadanenergo, together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, gas, and steam in Russia.

GreenTech Environmental

Market Cap: CN¥2.5b

Engages in the water treatment and waste-to-resources projects in the People’s Republic of China.

Torrent Power

Market Cap: ₹689.6b

Engages in the generation, renewables, transmission and distribution of electricity in India.