Global The Bare Essentials

American Water Works Company

Market Cap: US$25.7b

Through its subsidiaries, provides water and wastewater services in the United States.

EnBW Energie Baden-Württemberg

Market Cap: €21.6b

Operates as an integrated energy company in Germany, Rest of Europe, and internationally.

Veolia Environnement

Market Cap: €21.3b

Designs and provides water, waste, and energy management solutions.

Hydro One

Market Cap: CA$32.0b

Through its subsidiaries, operates as an electricity transmission and distribution company in Ontario.

Edison International

Market Cap: US$22.7b

Through its subsidiaries, engages in the generation and distribution of electric power.

CMS Energy

Market Cap: US$22.5b

Operates as an energy company primarily in Michigan.

CLP Holdings

Market Cap: HK$173.8b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

Snam

Market Cap: €19.1b

Engages in the operation of natural gas transport and storage infrastructure.

Terna

Market Cap: €18.0b

Provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally.

Korea Electric Power

Market Cap: ₩30.4t

An integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally.

NiSource

Market Cap: US$20.5b

An energy holding company, operates as a regulated natural gas and electric utility company in the United States.

Fortum Oyj

Market Cap: €17.1b

Engages in the generation and sale of electricity and heat in Finland, Sweden, the Netherlands, Ireland, Denmark, Belgium, the United Kingdom, Switzerland, Spain, France, Germany, Norway, and internationally.

Tenaga Nasional Berhad

Market Cap: RM 78.2b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

EDP

Market Cap: €15.8b

Engages in the generation, transmission, distribution, and supply of electricity in Portugal, Spain, France, Poland, Romania, Italy, Belgium, the United Kingdom, Greece, Colombia, Brazil, North America, and internationally.

Companhia de Saneamento Básico do Estado de São Paulo - SABESP

Market Cap: R$96.2b

Provides basic and environmental sanitation services in the São Paulo State, Brazil.

Kansai Electric Power Company

Market Cap: JP¥2.8t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Hong Kong and China Gas

Market Cap: HK$138.6b

Produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China.

CK Infrastructure Holdings

Market Cap: HK$136.7b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Evergy

Market Cap: US$17.6b

Engages in the generation, transmission, distribution, and sale of electricity in the United States.

Alliant Energy

Market Cap: US$17.3b

Operates as a utility holding company that provides regulated electric and natural gas services in the United States.

Saudi Electricity

Market Cap: ر.س60.1b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Oklo

Market Cap: US$15.9b

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

Emera

Market Cap: CA$20.4b

An energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas.

Power Assets Holdings

Market Cap: HK$110.3b

An investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, and internationally.

Tata Power

Market Cap: ₹1.2t

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

Adani Energy Solutions

Market Cap: ₹1.2t

Generates, transmits, and distributes power in India.

GAIL (India)

Market Cap: ₹1.2t

Operates as a natural gas processing and distribution company in India and internationally.

Tokyo GasLtd

Market Cap: JP¥2.1t

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

Chandra Daya Investasi

Market Cap: Rp225.9t

Operates as an infrastructure investment holding company.

Origin Energy

Market Cap: AU$20.8b

An integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally.

Elia Group

Market Cap: €11.3b

Develops and operates as a transmission system operator in Belgium and Germany.

Osaka Gas

Market Cap: JP¥2.0t

Provides gas, electricity, and other energy products and services in Japan and internationally.

Acciona

Market Cap: €10.0b

Engages in the energy, infrastructure, and other businesses in Spain and internationally.

Essential Utilities

Market Cap: US$11.3b

Through its subsidiaries, operates regulated utilities that provide water, wastewater, and natural gas services in the United States.

Chubu Electric Power Company

Market Cap: JP¥1.7t

Engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally.

Manila Electric

Market Cap: ₱657.1b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.