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GIC

(Singapore)



Listed on the Coal Policy Tracker



Total value of assets invested/managed by GIC: $ 10,190 M in 20 companies

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20 results  Total investment of current selection: $ 10,190 M


# Name Name Name Type Country of HQ Country of HQ Country of HQ Sectors subsidiaries Shares $M Bonds $M Total $M
1 Reliance Industries Ltd GIC investment Singapore India South-East Asia South Asia 3,367 M 3,367 M
2 FirstEnergy Corp GIC investment Singapore United States South-East Asia North America GPU CAPITAL INC, Monongahela Power Co 1,342 M 1,342 M
3 Shell plc GIC investment Singapore United Kingdom South-East Asia Europe (non EU) Shell Finance Netherlands BV, Shell Finance Switzerland AG, Shell Treasury Centre East Pte Ltd, Shell Treasury Centre Ltd, Shell Treasury Luxembourg SARL, Shell International Finance BV 1,324 M 1,324 M
4 RWE AG GIC investment Singapore Germany South-East Asia Europe (EU) RWE Power AG, RWE Supply & Trading GmbH 743 M 743 M
5 Hindalco Industries Ltd GIC investment Singapore India South-East Asia South Asia 680 M 680 M
6 NTPC Ltd GIC investment Singapore India South-East Asia South Asia Jhabua Power Ltd, Patratu Vidyut Utpadan Nigam Ltd, Bhartiya Rail Bijlee Co Ltd, Kanti Bijlee Utpadan Nigam Ltd, Nabinagar Power Generating Co Ltd, THDC India Ltd, NTPC Mining Ltd 666 M 666 M
7 Ayala Corporation GIC investment Singapore Philippines South-East Asia South-East Asia Acen Corporation, Enex Energy Corporation 529 M 529 M
8 UltraTech Cement Ltd GIC investment Singapore India South-East Asia South Asia 386 M 386 M
9 Formosa Plastics Corporation GIC investment Singapore Taiwan South-East Asia East Asia 257 M 257 M
10 China Energy Investment Corporation (CHN Energy) GIC investment Singapore China South-East Asia East Asia Guoneng Shenwan Energy Co Ltd, CHN China Guohua Power Co Ltd, China Longyuan Power Group Co Ltd, China Shenhua Energy Co Ltd (CSEC/China Shenhua), CHN Energy Changyuan Electric Power Co Ltd, CHN Energy Sichuan Power Generation Co Ltd, CHN Energy Shaanxi Shenyan Coal Co Ltd, CHN Energy Guoyuan Power Co Ltd, CHN Energy Hangjin Energy Co Ltd, China Energy Group Ningxia Coal Industry Co Ltd, China Energy Group Wuhai Energy Co Ltd, Guoneng Xinjiang Power Co Ltd, CHN Energy Fujian Energy Co Ltd, CHN Energy Henan Power Co Ltd, CHN Energy Inner Mongolia Power Co Ltd, CHN Energy Ledong Power Co Ltd, CHN Energy Liaoning Electric Power Co Ltd, CHN Energy Shaanxi Power Co Ltd, Inner Mongolia Pingzhuang Coal Group Ltd, National Energy Group Shandong Power Co Ltd, Inner Mongolia Pingzhuang Energy Co Ltd, CSEC Guohua International Power Co Ltd, Shenhua (Fujian) Energy Co Ltd, Guoneng Baorixile Energy Industrial Co Ltd, Shenhua International (Hong Kong) Ltd, Guoneng Shendong Coal Group Co Ltd, Guoneng Sichuan Energy Co Ltd, Shenhua Xinjie Energy Co Ltd, Guoneng Zhunneng Group Co Ltd, Sanhe Power Gerneration Co Ltd, Guodian & Jiantou Inner Mongolia Energy Investment Co Ltd, Guodian Anhui Power Co Ltd, National Energy Group Jiangsu Power Co Ltd, Guoneng Younglight Energy Chemical Group Co Ltd, Beijing Guodian Power Co Ltd, Guoneng Tongling Power Generation Co Ltd, Guodian Inner Mongolia Energy Co Ltd, Yuanbaoshan Power Generation Co Ltd, Guoneng Jilin Longhua Thermoelectricity Co Ltd, Guoneng Changzhou Power Co Ltd, National Energy Group Heze Power Co Ltd, CHN Energy Jiangxi Power Generation Co Ltd, Shandong Zhonghua Power Co Ltd, Guoneng Fengcheng Power Generation Co Ltd, Guoneng Chengdu Jintang Power Co Ltd, PT Shenhua Guohua Pembangkitan Jawa Bali, Shenhua Australia Holdings Pty Ltd, Shenhua Watermark Coal Pty Ltd, GD Power Datong Power Generation Co Ltd, GD Power Dalian Zhuanghe Power Generation Co Ltd, China Shenhua Coal to Liquid and Chemical Co Ltd, CHN Energy Xinjiang Energy Co Ltd, CHN Energy Huabei Power Generation Co Ltd, CHN Energy Baotou Mining Co Ltd, CHN Energy Xinjiang Shenhua Mining Co Ltd, Shenhua Coal Transportation & Sales Co Ltd, CHN Energy Baoqing Coal Power Co Ltd, Guodian (Beijing) International Power Energy Co Ltd, GD Power Handan Dongjiao Thermal Power Co Ltd, Guodian Power Shuangwei Inner Mongolia Shanghaimiao Energy Co Ltd, GD Power Chaoyang Thermal Power Co Ltd, Guoneng Xuzhou Power Generation Co Ltd, Guoneng Ningdong No.1 Power Generation Co Ltd, Guoneng Jiangsu Jianbi Power Generation Co Ltd, Guoneng Dawukou Thermal Power Co Ltd, Guodian Inner Mongolia Dongsheng Co-Generation Power Co Ltd, Guoneng Taicang Power Generation Co Ltd, Guoneng Chenjiagang Power Generation Co Ltd, Guoneng Inner Mongolia Guohua Hulun Buir Power Generation Co Ltd 更新股权结构, Guoneng Zhejiang Zhoushan Power Generation Co Ltd, Baode County Shendong Power Generation Co Ltd, Shenhua Shendong Power Shanxi Hequ Power Generation Co Ltd, Guoneng Yuedian Taishan Power Generation Co Ltd, Guoneng Shouguang Power Generation Co Ltd, Guoneng Shenhua Jiujiang Power Generation Co Ltd, Guoneng Mengjin Electric Power Co Ltd, PT GH EMM INDONESIA, Guoneng Ningxia Lingwu Power Generation Co Ltd, Ningxia Younglight Coal Industry Co Ltd, Guoneng Ningxia Shizuishan Power Generation Co Ltd, Guoneng Zhejiang Beilun No. 1 Power Generation Co Ltd, Guoneng Zhenneng Ningdong Power Generation Co Ltd, Yulin Shenhua Energy Co Ltd, Shenghua & Elion Energy Co Ltd, Guoneng Shenwan Chizhou Power Generation Co Ltd, Guoneng Changyuan Hanchuan Power Generation Co Ltd, Guoneng Taiyuan No.1 Thermal Power Co Ltd, PT Shenhua Guohua Lion Power Indonesia, Guodian Fuzhou Generation Co Ltd, Shenhua Group Haibowan Mining Co Ltd, Guoneng Hebei Cangdong Power Co Ltd, Hebei Hengfeng Power Generation Co Ltd, Guoneng Zhongwei Thermal Power Co Ltd, Inner Mongolia Xilin Xilinhe Coal-Chemical Co Ltd, Shaanxi Yunfeng Mining Co Ltd, State Energy Changzhou No.2 Power Generation Co Ltd, State Grid Energy Xinjiang Zhundong Coal Power Co Ltd, Guodian Haerbin Thermoelectricity Co Ltd, Guoneng Baoding Power Generation Co Ltd, Guoneng Minquan Thermal Power Co Ltd, Guoneng Shuangliao Power Generation Co Ltd, Guoneng (Tianjin) Dagang Power Plant Co Ltd, Inner Mongolia Weihua Mining Co Ltd, National Energy Group Hebei Electric Power Co Ltd 196 M 196 M
11 BP plc GIC investment Singapore United Kingdom South-East Asia Europe (non EU) Atlantic Richfield Co, BP Finance Australia Pty Ltd, BP Capital Markets PLC, BP Capital Markets America Inc, BP Capital Markets BV 155 M 155 M
12 PTT Exploration and Production Public Company Ltd (PTTEP) GIC investment Singapore Thailand South-East Asia South-East Asia 152 M 152 M
13 Tenaga Nasional Bhd (TNB) GIC investment Singapore Malaysia South-East Asia South-East Asia Kapar Energy Ventures Sdn Bhd, TNB Global Ventures Capital Bhd, Integrax Bhd, Jimah East Power Sdn Bhd, TNB Fuel Services Sdn Bhd, TNB Janamanjung Sdn Bhd, TNB Western Energy Bhd, TNB Manjung Five Sdn Bhd, TNB Power Generation Sdn Bhd 74 M 74 M
14 National Grid plc GIC investment Singapore United Kingdom South-East Asia Europe (non EU) 71 M 71 M
15 Dalmia Bharat Ltd GIC investment Singapore India South-East Asia South Asia Dalmia Cement Bharat Ltd 58 M 58 M
16 Petronet LNG Ltd GIC investment Singapore India South-East Asia South Asia 52 M 52 M
17 SSE plc GIC investment Singapore United Kingdom South-East Asia Europe (non EU) 47 M 47 M
18 Harbour Energy plc GIC investment Singapore United Kingdom South-East Asia Europe (non EU) 39 M 39 M
19 Petroliam Nasional Bhd (Petronas) GIC investment Singapore Malaysia South-East Asia South-East Asia PETRONAS Chemicals Group Bhd, Pengerang LNG (Two) Sdn Bhd, PETRONAS Capital Ltd 38 M 38 M
20 Gulf Energy Development Public Company Ltd GIC investment Singapore Thailand South-East Asia South-East Asia Gulf MTP LNG Terminal Company Ltd, Gulf PD Company Ltd 14 M 14 M



Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.

This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.

For more information read our detailed Methodology!