Global Energy Transition

Valero Energy

Market Cap: US$45.4b

Manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally.

Holcim

Market Cap: CHF 35.8b

Provides building materials and solutions worldwide.

ACWA Power

Market Cap: ر.س168.1b

Engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia, the Middle East, Asia, and Africa.

Mahindra & Mahindra

Market Cap: ₹3.6t

Provides mobility products and farm solutions in India and internationally.

Xcel Energy

Market Cap: US$42.1b

Through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity in the United States.

Sika

Market Cap: CHF 32.8b

A specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide.

Rockwell Automation

Market Cap: US$39.9b

Provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Ferrovial

Market Cap: €32.9b

Engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally.

NTPC

Market Cap: ₹3.3t

Primarily engages in the generation and sale of bulk power to state power utilities in India.

Partners Group Holding

Market Cap: CHF 28.9b

A private equity firm specializing in direct, secondary, and primary investments across private equity, private real estate, private infrastructure, and private debt.

WEC Energy Group

Market Cap: US$35.1b

Through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States.

Alpha Dhabi Holding PJSC

Market Cap: د.إ120.8b

Engages in the construction, healthcare, real estate, and hospitality businesses in the United Arab Emirates and internationally.

Power Grid Corporation of India

Market Cap: ₹2.8t

An electric power transmission utility, engages in the transmission of power in India and internationally.

Sumitomo

Market Cap: JP¥4.7t

Engages in general trading business.

RWE

Market Cap: €26.8b

Generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally.

Naturgy Energy Group

Market Cap: €26.2b

Engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas.

NRG Energy

Market Cap: US$30.1b

Operates as an energy and home services company in the United States and Canada.

DTE Energy

Market Cap: US$29.0b

Engages in the energy-related businesses and services.

WEG

Market Cap: R$159.5b

Engages in the production and sale of capital goods in Brazil and internationally.

Orlen

Market Cap: zł99.5b

Operates in refining, petrochemical, energy, retail, gas, and upstream business.

VERBUND

Market Cap: €23.2b

Generates, trades, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and households and commercial customers.

Ameren

Market Cap: US$27.3b

Operates as a public utility holding company in the United States.

Kongsberg Gruppen

Market Cap: NOK 274.1b

Provides high-tech systems and solutions primarily to customers in the maritime and defense markets.

EnBW Energie Baden-Württemberg

Market Cap: €22.6b

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

Veolia Environnement

Market Cap: €22.4b

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

ORIX

Market Cap: JP¥3.8t

Provides financial services in Japan, the United States, Asia, Europe, and Australasia.

Kuehne + Nagel International

Market Cap: CHF 20.6b

Provides integrated logistics services in Europe, the Middle East, Africa, the Americas, the Asia-Pacific.

EMCOR Group

Market Cap: US$25.0b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

Toyota Tsusho

Market Cap: JP¥3.6t

Engages in the metals, parts and logistics, mobility, machinery, energy and project, chemicals and electronics, and food and consumer services businesses worldwide.

Dian Swastatika Sentosa

Market Cap: Rp405.4t

Engages in the coal mining and trading; multimedia; forestry; infrastructure; power and steam generation; technology; and fertilizer and chemical trading businesses in Indonesia, China, India, Japan, Korea, the Netherlands, Europe, rest of Southeast Asia, and internationally.

Baoshan Iron & Steel

Market Cap: CN¥161.5b

Manufactures and sells steel products for automobile, home appliance, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally.

CMS Energy

Market Cap: US$22.0b

Operates as an energy company primarily in Michigan.

CLP Holdings

Market Cap: HK$170.7b

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

Daiwa House Industry

Market Cap: JP¥3.1t

Engages in the construction contracts business in Japan and internationally.

Ørsted

Market Cap: DKK 132.0b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Samsung C&T

Market Cap: ₩27.7t

Engages in the engineering and construction, trading and investment, fashion, and resort businesses in South Korea, Europe, the Middle East, Africa, the Asia Pacific, and the Americas.