Top 607 largest Utilities companies in the World 2025

Rank	Company	Market Cap (USD)	Country	Sector	Industry
331	Ascopiave S.p.A.	$631.7 M	Italy	Italian Utilities	Italian Utilities—Regulated Gas
332	Suntar Environmental Technology Co. Ltd	$630.9 M	China	Chinese Utilities	Chinese Utilities—Regulated Water
333	Guangxi Nanning Waterworks Co. Ltd	$624.2 M	China	Chinese Utilities	Chinese Utilities—Regulated Water
334	Energy Absolute Public Company Ltd	$623.5 M	Thailand	Thai Utilities	Thai Utilities—Renewable
335	Shenyang Jinshan Energy Co. Ltd	$613.7 M	China	Chinese Utilities	Chinese Utilities—Diversified
336	Ningbo Energy Group Co.,Ltd.	$611.0 M	China	Chinese Utilities	Chinese Utilities—Regulated Electric
337	Doral Group Renewable Energy Resources Ltd	$610.8 M	Israel	Israeli Utilities	Israeli Utilities—Renewable
338	VERBIO Vereinigte BioEnergie AG	$608.6 M	Germany	German Utilities	German Utilities—Independent Power Producers
339	Bestsun Energy Co. Ltd	$606.2 M	China	Chinese Utilities	Chinese Utilities—Regulated Gas

340	Beijing Water Business Doctor Co. Ltd	$601.9 M	China	Chinese Utilities	Chinese Utilities—Regulated Water
341	Longyan Zhuoyue New Energy Co. Ltd	$591.9 M	China	Chinese Utilities	Chinese Utilities—Renewable
342	Zorlu Enerji Elektrik Üretim A.S.	$588.2 M	Turkey	Turkish Utilities	Turkish Utilities—Regulated Electric
343	Caribbean Utilities Company, Ltd.	$587.9 M	Cayman Islands	Cayman Islands Utilities	Cayman Islands Utilities—Regulated Electric
344	Sichuan Xichang Electric Power Co.,Ltd.	$586.5 M	China	Chinese Utilities	Chinese Utilities—Regulated Electric
345	Enel Distribucion Chile SA	$569.1 M	Chile	Chilean Utilities	Chilean Utilities—Regulated Electric
346	Moscow United Electric Grid Co PJSC	$566.4 M	Russia	Russian Utilities	Russian Utilities—Regulated Electric
347	Premium Water Holdings,Inc.	$550.5 M	Japan	Japanese Utilities	Japanese Utilities—Regulated Water
348	BCPG Public Company Ltd	$541.0 M	Thailand	Thai Utilities	Thai Utilities—Renewable
349	Montauk Renewables, Inc.	$537.6 M	United States	US Utilities	US Utilities—Diversified
350	K&O Energy Group, Inc.	$535.2 M	Japan	Japanese Utilities	Japanese Utilities—Regulated Gas
351	WHA Utilities and Power Public Company Ltd	$534.8 M	Thailand	Thai Utilities	Thai Utilities—Regulated Water
352	Dayu Water-saving Group Co. Ltd	$527.6 M	China	Chinese Utilities	Chinese Utilities—Regulated Water
353	Leshan Electric Power Co. Ltd	$520.0 M	China	Chinese Utilities	Chinese Utilities—Regulated Electric
354	Public Joint Stock Company Interregional Distribution Grid Company of Siberia	$517.4 M	Russia	Russian Utilities	Russian Utilities—Regulated Electric
355	Xinjiang East Universe	$515.3 M	China	Chinese Utilities	Chinese Utilities—Regulated Gas
356	Changchun Gas Co. Ltd	$514.0 M	China	Chinese Utilities	Chinese Utilities—Regulated Gas
357	Beijing Enterprises Clean Energy Group Ltd	$511.8 M	Hong Kong	HK Utilities	HK Utilities—Independent Power Producers
358	Sinoma Energy Conservation Ltd	$502.7 M	China	Chinese Utilities	Chinese Utilities—Renewable
359	Ampla Energia e Servicos SA	$499.7 M	Brazil	Brazilian Utilities	Brazilian Utilities—Regulated Electric
360	Concord New Energy Group Ltd	$486.9 M	Hong Kong	HK Utilities	HK Utilities—Renewable

331. Ascopiave S.p.A.

Company Profile: Ascopiave S.p.A.
Market Cap (USD): $631.7 M
Country: Italy
Sector: Italian Utilities
Industry: Italian Utilities—Regulated Gas

332. Suntar Environmental Technology Co. Ltd

Company Profile: Suntar Environmental Technology Co. Ltd
Market Cap (USD): $630.9 M
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Regulated Water

333. Guangxi Nanning Waterworks Co. Ltd

Company Profile: Guangxi Nanning Waterworks Co. Ltd
Market Cap (USD): $624.2 M
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Regulated Water

334. Energy Absolute Public Company Ltd

Company Profile: Energy Absolute Public Company Ltd
Market Cap (USD): $623.5 M
Country: Thailand
Sector: Thai Utilities
Industry: Thai Utilities—Renewable

335. Shenyang Jinshan Energy Co. Ltd

Company Profile: Shenyang Jinshan Energy Co. Ltd
Market Cap (USD): $613.7 M
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Diversified

336. Ningbo Energy Group Co.,Ltd.

Company Profile: Ningbo Energy Group Co.,Ltd.
Market Cap (USD): $611.0 M
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Regulated Electric

337. Doral Group Renewable Energy Resources Ltd

Company Profile: Doral Group Renewable Energy Resources Ltd
Market Cap (USD): $610.8 M
Country: Israel
Sector: Israeli Utilities
Industry: Israeli Utilities—Renewable

338. VERBIO Vereinigte BioEnergie AG

Company Profile: VERBIO Vereinigte BioEnergie AG
Market Cap (USD): $608.6 M
Country: Germany
Sector: German Utilities
Industry: German Utilities—Independent Power Producers

339. Bestsun Energy Co. Ltd

Company Profile: Bestsun Energy Co. Ltd
Market Cap (USD): $606.2 M
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Regulated Gas

340. Beijing Water Business Doctor Co. Ltd

Company Profile: Beijing Water Business Doctor Co. Ltd
Market Cap (USD): $601.9 M
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Regulated Water

341. Longyan Zhuoyue New Energy Co. Ltd

Company Profile: Longyan Zhuoyue New Energy Co. Ltd
Market Cap (USD): $591.9 M
Country: China
Sector: Chinese Utilities
Industry: Chinese Utilities—Renewable

342. Zorlu Enerji Elektrik Üretim A.S.

Company Profile: Zorlu Enerji Elektrik Üretim A.S.
Market Cap (USD): $588.2 M
Country: Turkey
Sector: Turkish Utilities
Industry: Turkish Utilities—Regulated Electric

343. Caribbean Utilities Company, Ltd.

Company Profile: Caribbean Utilities Company, Ltd.
Market Cap (USD): $587.9 M
Country: Cayman Islands
Sector: Cayman Islands Utilities
Industry: Cayman Islands Utilities—Regulated Electric