World

Top 50 largest Companies in the Utilities—Independent Power Producers industry in the World by Market Cap

This is the list of the largest public listed companies in the Utilities—Independent Power Producers industry in the world by market capitalization with links to their reference stock.

World Utilities—Independent Power Producers Industry Analysis
World Top Companies World Companies Analysis

Top Utilities—Independent Power Producers Companies in the World as of Jan. 01, 2026

Rank Company Market Cap (USD) Country Sector Industry
1 Siemens Energy AG $123.41 B Germany German Utilities German Utilities—Independent Power Producers
2 China Yangtze Power Co. Ltd $95.15 B China Chinese Utilities Chinese Utilities—Independent Power Producers
3 Vistra Corp. $55.98 B United States US Utilities US Utilities—Independent Power Producers
4 NRG Energy, Inc. $32.14 B United States US Utilities US Utilities—Independent Power Producers
5 CGN Power Co. Ltd $27.14 B China Chinese Utilities Chinese Utilities—Independent Power Producers
6 China National Nuclear Power Co. Ltd $25.54 B China Chinese Utilities Chinese Utilities—Independent Power Producers
7 Huaneng Power International, Inc. $16.60 B China Chinese Utilities Chinese Utilities—Independent Power Producers
8 Power Assets Holdings Ltd $14.25 B Hong Kong HK Utilities HK Utilities—Independent Power Producers
9 Sichuan Chuantou Energy Co.,Ltd. $9.72 B China Chinese Utilities Chinese Utilities—Independent Power Producers
10 Zhejiang Zheneng Electric Power Co. Ltd $9.48 B China Chinese Utilities Chinese Utilities—Independent Power Producers
11 Datang International Power Generation Co. Ltd $9.37 B China Chinese Utilities Chinese Utilities—Independent Power Producers
12 Capital Power Corporation $6.84 B Canada Canadian Utilities Canadian Utilities—Independent Power Producers
13 Beijing Jingneng Power Co. Ltd $5.00 B China Chinese Utilities Chinese Utilities—Independent Power Producers
14 Contact Energy Limited $4.44 B

(July 1, 2024)

 New Zealand NZ Utilities NZ Utilities—Independent Power Producers
15 Clear Peak Energy, Inc. $4.26 B

(June 1, 2025)

 United States US Utilities US Utilities—Independent Power Producers
16 Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd $4.14 B China Chinese Utilities Chinese Utilities—Independent Power Producers
17 TransAlta Corporation $3.86 B Canada Canadian Utilities Canadian Utilities—Independent Power Producers
18 Huadian Energy Company Ltd $2.69 B China Chinese Utilities Chinese Utilities—Independent Power Producers
19 Electricity Generating Public Company Ltd $1.90 B Thailand Thai Utilities Thai Utilities—Independent Power Producers
20 Uniper SE $1.81 B

(Jan. 1, 2024)

 Germany German Utilities German Utilities—Independent Power Producers
21 VERBIO Vereinigte BioEnergie AG $1.67 B Germany German Utilities German Utilities—Independent Power Producers
22 Genesis Energy Limited $1.46 B

(July 1, 2024)

 New Zealand NZ Utilities NZ Utilities—Independent Power Producers
23 CGN New Energy Holdings Co. Ltd $1.45 B Hong Kong HK Utilities HK Utilities—Independent Power Producers
24 Banpu Power Public Company Ltd $1.25 B Thailand Thai Utilities Thai Utilities—Independent Power Producers
25 Public Joint-Stock Company Unipro $1.21 B

(July 1, 2025)

 Russia Russian Utilities Russian Utilities—Independent Power Producers
26 B.Grimm Power Public Company Ltd $1.13 B Thailand Thai Utilities Thai Utilities—Independent Power Producers
27 Mosenergo PJSC $1.06 B

(July 1, 2025)

 Russia Russian Utilities Russian Utilities—Independent Power Producers
28 Greencoat Renewables plc $911.3 M Ireland Irish Utilities Irish Utilities—Independent Power Producers
29 PT Cikarang Listrindo Tbk $668.3 M Indonesia Indonesian Utilities Indonesian Utilities—Independent Power Producers
30 OGK-2 PJSC $609.6 M

(July 1, 2025)

 Russia Russian Utilities Russian Utilities—Independent Power Producers

Top Utilities—Independent Power Producers Companies in the World as of Jan. 01, 2026

1. Siemens Energy

Company Profile: Siemens Energy AG
Market Cap (USD): $123.41 B
Country: Germany
Sector: German Utilities
Industry: German Utilities—Independent Power Producers

2. China Yangtze Power Co. Ltd

Company Profile: China Yangtze Power Co. Ltd
Market Cap (USD): $95.15 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

3. Vistra Corp.

Company Profile: Vistra Corp.
Market Cap (USD): $55.98 B
Country: United States
Sector: US Utilities
Industry: US Utilities—Independent Power Producers

4. NRG Energy, Inc.

Company Profile: NRG Energy, Inc.
Market Cap (USD): $32.14 B
Country: United States
Sector: US Utilities
Industry: US Utilities—Independent Power Producers

5. CGN Power Co. Ltd

Company Profile: CGN Power Co. Ltd
Market Cap (USD): $27.14 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

6. China National Nuclear Power Co. Ltd

Company Profile: China National Nuclear Power Co. Ltd
Market Cap (USD): $25.54 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

7. Huaneng Power International, Inc.

Company Profile: Huaneng Power International, Inc.
Market Cap (USD): $16.60 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

8. Power Assets Holdings Ltd

Company Profile: Power Assets Holdings Ltd
Market Cap (USD): $14.25 B
Country: Hong Kong
Sector: HK Utilities
Industry: HK Utilities—Independent Power Producers

9. Sichuan Chuantou Energy Co.,Ltd.

Company Profile: Sichuan Chuantou Energy Co.,Ltd.
Market Cap (USD): $9.72 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

10. Zhejiang Zheneng Electric Power Co. Ltd

Company Profile: Zhejiang Zheneng Electric Power Co. Ltd
Market Cap (USD): $9.48 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

11. Datang International Power Generation Co. Ltd

Company Profile: Datang International Power Generation Co. Ltd
Market Cap (USD): $9.37 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

12. Capital Power Corporation

Company Profile: Capital Power Corporation
Market Cap (USD): $6.84 B
Country: Canada
Sector: Canadian Utilities
Industry: Canadian Utilities—Independent Power Producers

13. Beijing Jingneng Power Co. Ltd

Company Profile: Beijing Jingneng Power Co. Ltd
Market Cap (USD): $5.00 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

14. Contact Energy Limited

Company Profile: Contact Energy Limited
Market Cap (USD): $4.44 B (July 1, 2024)
Country: New Zealand
Sector: NZ Utilities
Industry: NZ Utilities—Independent Power Producers

15. Clear Peak Energy, Inc.

Company Profile: Clear Peak Energy, Inc.
Market Cap (USD): $4.26 B (June 1, 2025)
Country: United States
Sector: US Utilities
Industry: US Utilities—Independent Power Producers

16. Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd

Company Profile: Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd
Market Cap (USD): $4.14 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

17. TransAlta Corporation

Company Profile: TransAlta Corporation
Market Cap (USD): $3.86 B
Country: Canada
Sector: Canadian Utilities
Industry: Canadian Utilities—Independent Power Producers

18. Huadian Energy Company Ltd

Company Profile: Huadian Energy Company Ltd
Market Cap (USD): $2.69 B
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Independent Power Producers

19. Electricity Generating Public Company Ltd

Company Profile: Electricity Generating Public Company Ltd
Market Cap (USD): $1.90 B
Country: Thailand
Sector: Thai Utilities
Industry: Thai Utilities—Independent Power Producers

20. Uniper SE

Company Profile: Uniper SE
Market Cap (USD): $1.81 B (Jan. 1, 2024)
Country: Germany
Sector: German Utilities
Industry: German Utilities—Independent Power Producers

21. VERBIO Vereinigte BioEnergie AG

Company Profile: VERBIO Vereinigte BioEnergie AG
Market Cap (USD): $1.67 B
Country: Germany
Sector: German Utilities
Industry: German Utilities—Independent Power Producers

22. Genesis Energy Limited

Company Profile: Genesis Energy Limited
Market Cap (USD): $1.46 B (July 1, 2024)
Country: New Zealand
Sector: NZ Utilities
Industry: NZ Utilities—Independent Power Producers

23. CGN New Energy Holdings Co. Ltd

Company Profile: CGN New Energy Holdings Co. Ltd
Market Cap (USD): $1.45 B
Country: Hong Kong
Sector: HK Utilities
Industry: HK Utilities—Independent Power Producers

24. Banpu Power Public Company Ltd

Company Profile: Banpu Power Public Company Ltd
Market Cap (USD): $1.25 B
Country: Thailand
Sector: Thai Utilities
Industry: Thai Utilities—Independent Power Producers

25. Public Joint-Stock Company Unipro

Company Profile: Public Joint-Stock Company Unipro
Market Cap (USD): $1.21 B (July 1, 2025)
Country: Russia
Sector: Russian Utilities
Industry: Russian Utilities—Independent Power Producers

26. B.Grimm Power Public Company Ltd

Company Profile: B.Grimm Power Public Company Ltd
Market Cap (USD): $1.13 B
Country: Thailand
Sector: Thai Utilities
Industry: Thai Utilities—Independent Power Producers

27. Mosenergo PJSC

Company Profile: Mosenergo PJSC
Market Cap (USD): $1.06 B (July 1, 2025)
Country: Russia
Sector: Russian Utilities
Industry: Russian Utilities—Independent Power Producers

28. Greencoat Renewables plc

Company Profile: Greencoat Renewables plc
Market Cap (USD): $911.3 M
Country: Ireland
Sector: Irish Utilities
Industry: Irish Utilities—Independent Power Producers

29. PT Cikarang Listrindo Tbk

Company Profile: PT Cikarang Listrindo Tbk
Market Cap (USD): $668.3 M
Country: Indonesia
Sector: Indonesian Utilities
Industry: Indonesian Utilities—Independent Power Producers

30. OGK-2 PJSC

Company Profile: OGK-2 PJSC
Market Cap (USD): $609.6 M (July 1, 2025)
Country: Russia
Sector: Russian Utilities
Industry: Russian Utilities—Independent Power Producers

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