| 1 | NextEra Energy | $173.2 billion | United States | 2: S&P 500, NYSE Composite |
| 2 | Southern Company | $107.1 billion | United States | 2: S&P 500, NYSE Composite |
| 3 | Enel | $98.4 billion | Italy | 2: Euro Stoxx 50, FTSE MIB |
| 4 | Duke Energy | $97.6 billion | United States | 2: S&P 500, NYSE Composite |
| 5 | Constellation Energy | $88.9 billion | United States | 3: S&P 500, Nasdaq-100, Nasdaq Composite |
| 6 | National Grid plc | $77.1 billion | United Kingdom | 1: FTSE 100 |
| 7 | American Electric Power | $70.8 billion | United States | 3: S&P 500, Nasdaq-100, Nasdaq Composite |
| 8 | Engie | $66.2 billion | France | 2: Euro Stoxx 50, CAC 40 |
| 9 | Dominion Energy | $57.8 billion | United States | 2: S&P 500, NYSE Composite |
| 10 | Sempra | $55.2 billion | United States | 2: S&P 500, NYSE Composite |
| 11 | E.ON | $54.0 billion | Germany | 1: DAX |
| 12 | Entergy | $51.5 billion | United States | 2: S&P 500, NYSE Composite |
| 13 | RWE | $49.4 billion | Germany | 1: DAX |
| 14 | Xcel Energy | $48.8 billion | United States | 3: S&P 500, Nasdaq-100, Nasdaq Composite |
| 15 | Vistra Corp. | $47.1 billion | United States | 2: S&P 500, NYSE Composite |
| 16 | Exelon | $45.9 billion | United States | 3: S&P 500, Nasdaq-100, Nasdaq Composite |
| 17 | Consolidated Edison | $42.9 billion | United States | 2: S&P 500, NYSE Composite |
| 18 | SSE plc | $39.7 billion | United Kingdom | 1: FTSE 100 |
| 19 | PG&E Corporation | $38.5 billion | United States | 2: S&P 500, NYSE Composite |
| 20 | WEC Energy Group | $36.3 billion | United States | 2: S&P 500, NYSE Composite |
| 21 | Public Service Enterprise Group | $36.1 billion | United States | 2: S&P 500, NYSE Composite |
| 22 | NTPC | $30.6 billion | India | 1: Nifty 50 |
| 23 | Ameren | $30.1 billion | United States | 2: S&P 500, NYSE Composite |
| 24 | Fortis Inc. | $29.6 billion | Canada | 2: NYSE Composite, S&P/TSX Composite |
| 25 | Atmos Energy | $29.1 billion | United States | 2: S&P 500, NYSE Composite |
| 26 | American Water Works | $28.2 billion | United States | 2: S&P 500, NYSE Composite |
| 27 | DTE Energy | $27.6 billion | United States | 2: S&P 500, NYSE Composite |
| 28 | CenterPoint Energy | $27.2 billion | United States | 2: S&P 500, NYSE Composite |
| 29 | FirstEnergy | $26.9 billion | United States | 2: S&P 500, NYSE Composite |
| 30 | PPL Corporation | $26.4 billion | United States | 2: S&P 500, NYSE Composite |
| 31 | Eversource Energy | $25.6 billion | United States | 2: S&P 500, NYSE Composite |
| 32 | Power Grid | $24.1 billion | India | 1: Nifty 50 |
| 33 | Fortum | $23.5 billion | Finland | 1: OMX Helsinki 25 |
| 34 | Hydro One Limited | $23.4 billion | Canada | 1: S&P/TSX Composite |
| 35 | Edison International | $22.2 billion | United States | 2: S&P 500, NYSE Composite |
| 36 | Energias de Portugal | $22.0 billion | Portugal | 1: PSI |
| 37 | CMS Energy | $21.9 billion | United States | 2: S&P 500, NYSE Composite |
| 38 | NiSource | $20.9 billion | United States | 2: S&P 500, NYSE Composite |
| 39 | Terna | $20.5 billion | Italy | 1: FTSE MIB |
| 40 | The Kansai Electric Power Co., Inc. | $19.6 billion | Japan | 1: Nikkei 225 |
| 41 | Evergy | $19.5 billion | United States | 2: S&P 500, Nasdaq Composite |
| 42 | NRG Energy | $19.2 billion | United States | 2: S&P 500, NYSE Composite |
| 43 | Alliant Energy | $18.2 billion | United States | 2: S&P 500, Nasdaq Composite |
| 44 | Elia Group | $15.2 billion | Belgium | 1: BEL 20 |
| 45 | Emera Incorporated | $15.1 billion | Canada | 2: NYSE Composite, S&P/TSX Composite |
| 46 | Origin Energy | $14.6 billion | Australia | 1: S&P/ASX 200 |
| 47 | EDP Renováveis | $14.3 billion | Spain | 1: PSI |
| 48 | Osaka Gas Co., Ltd. | $14.3 billion | Japan | 1: Nikkei 225 |
| 49 | United Utilities | $14.2 billion | United Kingdom | 1: FTSE 100 |
| 50 | Keppel Corporation | $14.1 billion | Singapore | 1: Straits Times Index |
| 51 | Tokyo Gas Co., Ltd. | $13.3 billion | Japan | 1: Nikkei 225 |
| 52 | Chubu Electric Power Co., Inc. | $13.0 billion | Japan | 1: Nikkei 225 |
| 53 | Pinnacle West Capital | $12.9 billion | United States | 2: S&P 500, NYSE Composite |
| 54 | Severn Trent | $12.5 billion | United Kingdom | 1: FTSE 100 |
| 55 | AltaGas Ltd. | $12.4 billion | Canada | 1: S&P/TSX Composite |
| 56 | APA Group | $10.7 billion | Australia | 1: S&P/ASX 200 |
| 57 | AES Corporation | $10.7 billion | United States | 2: S&P 500, NYSE Composite |
| 58 | Canadian Utilities Limited | $9.6 billion | Canada | 1: S&P/TSX Composite |
| 59 | Italgas | $9.3 billion | Italy | 1: FTSE MIB |
| 60 | Centrica | $8.9 billion | United Kingdom | 1: FTSE 100 |
| 61 | Meridian Energy Limited | $8.5 billion | New Zealand | 1: S&P/NZX 50 |
| 62 | Sembcorp Industries | $8.1 billion | Singapore | 1: Straits Times Index |
| 63 | A2A | $7.9 billion | Italy | 1: FTSE MIB |
| 64 | Metlen Energy & Metals | $7.7 billion | United Kingdom | 1: FTSE 100 |
| 65 | Capital Power Corporation | $6.8 billion | Canada | 1: S&P/TSX Composite |
| 66 | Southwest Gas Holdings | $6.6 billion | United States | 2: Russell 2000, NYSE Composite |
| 67 | Txnm Energy Inc | $6.4 billion | United States | 2: Russell 2000, NYSE Composite |
| 68 | Black Hills Corp | $6.1 billion | United States | 2: Russell 2000, NYSE Composite |
| 69 | EVN | $5.9 billion | Austria | 1: ATX |
| 70 | Hera | $5.7 billion | Italy | 1: FTSE MIB |
| 71 | Mercury NZ Limited | $5.5 billion | New Zealand | 1: S&P/NZX 50 |
| 72 | New Jersey Resources Corp | $5.4 billion | United States | 2: Russell 2000, NYSE Composite |
| 73 | Ormat Technologies | $5.4 billion | Israel | 3: Russell 2000, NYSE Composite, TA-35 |
| 74 | Portland General Electric | $5.2 billion | United States | 2: Russell 2000, NYSE Composite |
| 75 | Contact Energy Limited | $5.2 billion | New Zealand | 1: S&P/NZX 50 |
| 76 | Tokyo Electric Power Company Holdings, I | $5.1 billion | Japan | 1: Nikkei 225 |
| 77 | Spire Inc | $5.0 billion | United States | 2: Russell 2000, NYSE Composite |
| 78 | One Gas | $4.9 billion | United States | 2: Russell 2000, NYSE Composite |
| 79 | Northwestern Energy Group | $4.8 billion | United States | 2: Russell 2000, Nasdaq Composite |
| 80 | Brookfield Infrastructure Corp Cla | $4.5 billion | Canada | 2: Russell 2000, NYSE Composite |
| 81 | AGL Energy | $4.3 billion | Australia | 1: S&P/ASX 200 |
| 82 | Algonquin Power & Utilities Corp. | $4.1 billion | Canada | 2: NYSE Composite, S&P/TSX Composite |
| 83 | TransAlta Corporation | $3.9 billion | Canada | 2: NYSE Composite, S&P/TSX Composite |
| 84 | Otter Tail | $3.8 billion | United States | 2: Russell 2000, Nasdaq Composite |
| 85 | Chesapeake Utilities | $3.4 billion | United States | 2: Russell 2000, NYSE Composite |
| 86 | American States Water | $3.4 billion | United States | 2: Russell 2000, NYSE Composite |
| 87 | Avista | $3.1 billion | United States | 2: Russell 2000, NYSE Composite |
| 88 | California Water Service Group | $2.9 billion | United States | 2: Russell 2000, NYSE Composite |
| 89 | Mge Energy | $2.8 billion | United States | 2: Russell 2000, Nasdaq Composite |
| 90 | Redes Energéticas Nacionais | $2.6 billion | Portugal | 1: PSI |
| 91 | Vector Limited | $2.6 billion | New Zealand | 1: S&P/NZX 50 |
| 92 | H2o America | $2.5 billion | United States | 2: Russell 2000, Nasdaq Composite |
| 93 | Northwest Natural Holding Company | $2.1 billion | United States | 2: Russell 2000, NYSE Composite |
| 94 | Genesis Energy Limited | $1.7 billion | New Zealand | 1: S&P/NZX 50 |
| 95 | Hawaiian Electric Industries | $1.5 billion | United States | 2: Russell 2000, NYSE Composite |
| 96 | Middlesex Water | $1.1 billion | United States | 2: Russell 2000, Nasdaq Composite |
| 97 | Superior Plus Corp. | $1.0 billion | Canada | 1: S&P/TSX Composite |
| 98 | Unitil Corp | $1.0 billion | United States | 1: Russell 2000 |
| 99 | Hallador Energy | $520 million | United States | 2: Russell 2000, Nasdaq Composite |
| 100 | York Water | $513 million | United States | 2: Russell 2000, Nasdaq Composite |