Global Energy Transition

Valero Energy

Market Cap: US$50.5b

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.

E.ON

Market Cap: €40.6b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

Holcim

Market Cap: CHF 37.2b

Provides building materials and solutions worldwide.

Vale

Market Cap: R$247.2b

Produces iron ore and nickel in Asia, the Americas, Europe, and internationally.

Mahindra & Mahindra

Market Cap: ₹4.0t

Provides mobility products and farm solutions in India and internationally.

ACWA Power

Market Cap: ر.س164.2b

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.

Xcel Energy

Market Cap: US$42.6b

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

Dian Swastatika Sentosa

Market Cap: Rp702.5t

Engages in the coal mining and trading, multimedia, forestry, infrastructure, power and steam generation, technology, and fertilizer and chemical trading businesses.

Ferrovial

Market Cap: €35.2b

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

Rockwell Automation

Market Cap: US$39.1b

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

NTPC

Market Cap: ₹3.3t

Operates as an integrated power company in India.

Sika

Market Cap: CHF 28.9b

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.

WEC Energy Group

Market Cap: US$35.4b

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

Partners Group Holding

Market Cap: CHF 27.9b

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

NRG Energy

Market Cap: US$31.8b

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

RWE

Market Cap: €25.7b

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

ORIX

Market Cap: JP¥4.4t

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

Toyota Tsusho

Market Cap: JP¥4.4t

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

Coal India

Market Cap: ₹2.6t

Produces and sells coal and coal products in India.

Naturgy Energy Group

Market Cap: €24.8b

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

WEG

Market Cap: R$152.5b

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

EMCOR Group

Market Cap: US$28.3b

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

DTE Energy

Market Cap: US$28.2b

Engages in the energy-related businesses and services.

Alpha Dhabi Holding PJSC

Market Cap: د.إ103.2b

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

Kongsberg Gruppen

Market Cap: NOK 268.4b

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

Ameren

Market Cap: US$26.8b

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

Orlen

Market Cap: zł94.6b

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

EnBW Energie Baden-Württemberg

Market Cap: €22.1b

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

Veolia Environnement

Market Cap: €21.1b

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

VERBUND

Market Cap: €20.7b

Generates, trades in, and sells electricity to energy exchange markets, traders, electric utilities and industrial companies, and household and commercial customers in Austria and internationally.

Samsung C&T

Market Cap: ₩32.3t

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.

Kuehne + Nagel International

Market Cap: CHF 18.3b

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

Daiwa House Industry

Market Cap: JP¥3.3t

Engages in the construction contracts business in Japan and internationally.

Banco BPM

Market Cap: €19.0b

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

Adani Green Energy

Market Cap: ₹1.9t

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

CLP Holdings

Market Cap: HK$163.5b

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