Global Energy Transition

BASF

Market Cap: €44.0b

Operates as a chemical company worldwide.

Ferrovial

Market Cap: €41.1b

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

RWE

Market Cap: €40.4b

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

Orlen

Market Cap: zł169.4b

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

ORIX

Market Cap: JP¥6.9t

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

Toyota Tsusho

Market Cap: JP¥6.9t

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

Swiss Re

Market Cap: CHF 33.7b

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

ACS Actividades de Construcción y Servicios

Market Cap: €32.4b

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

ACWA Power

Market Cap: ر.س141.0b

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.

NTPC

Market Cap: ₹3.6t

Operates as an integrated power company in India.

EMCOR Group

Market Cap: US$36.8b

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$35.9b

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

Mahindra & Mahindra

Market Cap: ₹3.4t

Provides mobility products and farm solutions in India and internationally.

WEG

Market Cap: R$175.3b

Produces and sells capital goods in Brazil and internationally.

Coal India

Market Cap: ₹3.1t

Produces and sells coal and coal products in India.

Naturgy Energy Group

Market Cap: €26.9b

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

Barito Renewables Energy

Market Cap: Rp556.5t

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

Yankuang Energy Group

Market Cap: HK$239.9b

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

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.

Veolia Environnement

Market Cap: €25.7b

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

DTE Energy

Market Cap: US$29.7b

Engages in energy-related businesses and services.

Ameren

Market Cap: US$29.6b

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

3i Group

Market Cap: UK£21.7b

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

Kongsberg Gruppen

Market Cap: NOK 270.5b

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

MasTec

Market Cap: US$28.6b

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.

Kuehne + Nagel International

Market Cap: CHF 22.3b

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

NRG Energy

Market Cap: US$28.2b

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

Hindalco Industries

Market Cap: ₹2.5t

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

EnBW Energie Baden-Württemberg

Market Cap: €22.4b

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

Norsk Hydro

Market Cap: NOK 233.3b

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

Adani Green Energy

Market Cap: ₹2.4t

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

OMV

Market Cap: €20.9b

Operates as an oil, gas, and chemicals company in Austria, Belgium, Germany, New Zealand, Norway, Romania, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally.

CLP Holdings

Market Cap: HK$186.2b

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

VERBUND

Market Cap: €20.1b

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

Banco BPM

Market Cap: €20.0b

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

Terna

Market Cap: €19.7b

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