Global Energy Transition

Ferrovial

Market Cap: €40.8b

Engages in the development, construction, and operation of highways and airports in the United States, Poland, Spain, the United Kingdom, Canada, and internationally.

Orlen

Market Cap: zł167.8b

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

RWE

Market Cap: €39.4b

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

Samsung C&T

Market Cap: ₩68.5t

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.

Swiss Re

Market Cap: CHF 34.9b

Provides reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide.

ORIX

Market Cap: JP¥6.9t

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

ACWA Power

Market Cap: ر.س154.1b

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.

Toyota Tsusho

Market Cap: JP¥6.4t

Engages in the metals, circular economy, supply chain, mobility, green infrastructure, digital solutions, and lifestyle businesses.

EMCOR Group

Market Cap: US$36.6b

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

WEC Energy Group

Market Cap: US$36.2b

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

NTPC

Market Cap: ₹3.4t

Operates as an integrated power company in India.

ACS Actividades de Construcción y Servicios

Market Cap: €31.1b

ACS, Actividades de Construcción y Servicios, S.A.

WEG

Market Cap: R$181.8b

Produces and sells capital goods in Brazil and internationally.

Mahindra & Mahindra

Market Cap: ₹3.3t

Provides mobility products and farm solutions in India and internationally.

Coal India

Market Cap: ₹3.1t

Produces and sells coal and coal products in India.

Naturgy Energy Group

Market Cap: €27.0b

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

Sika

Market Cap: CHF 24.2b

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.

Barito Renewables Energy

Market Cap: Rp547.2t

Generates and sells power through geothermal and wind resources in Indonesia.

DTE Energy

Market Cap: US$29.8b

Engages in energy-related businesses and services.

3i Group

Market Cap: UK£22.2b

A private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.

Ameren

Market Cap: US$29.7b

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

Kongsberg Gruppen

Market Cap: NOK 276.0b

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

Yankuang Energy Group

Market Cap: HK$226.3b

Engages in the mining and sale of coal in the People's Republic of China, Australia, and internationally.

Veolia Environnement

Market Cap: €25.0b

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

Kuehne + Nagel International

Market Cap: CHF 22.7b

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

MasTec

Market Cap: US$28.2b

An infrastructure engineering and construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada.

NRG Energy

Market Cap: US$26.9b

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

EnBW Energie Baden-Württemberg

Market Cap: €22.9b

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

Adani Green Energy

Market Cap: ₹2.5t

Generates and supplies renewable energy to central and state government entities and government backed corporations in India.

Hindalco Industries

Market Cap: ₹2.4t

Manufactures and distributes aluminum and copper products in India, the United States, Brazil, South Korea, the United Kingdom, Germany, China, and internationally.

VERBUND

Market Cap: €20.7b

Generates, trades, and sells electricity in Austria, Germany, France, Romania, Spain, and Luxembourg.

Banco BPM

Market Cap: €20.4b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

CLP Holdings

Market Cap: HK$183.8b

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

Terna

Market Cap: €20.3b

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

Norsk Hydro

Market Cap: NOK 222.3b

Engages in power production, bauxite extraction, alumina refining, aluminum smelting, recycling activities, and extruded solutions worldwide.

Partners Group Holding

Market Cap: CHF 18.1b

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