updated
288 results Total investment of current selection: $ 10,917 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | National Grid plc | Lazard | investment | Bermuda | United Kingdom | North America | Europe (non EU) | $ 1,263 M | $ 4 M | $ 1,267 M | |||||
| 2 | Chevron Corporation | Lazard | investment | Bermuda | United States | North America | North America | Texaco Capital Inc, Texaco Capital LLC, Tengizchevroil LLP | $ 944 M | $ 944 M | |||||
| 3 | CSX Corp | Lazard | investment | Bermuda | United States | North America | North America | $ 935 M | $ 935 M | ||||||
| 4 | Snam SpA | Lazard | investment | Bermuda | Italy | North America | Europe (EU) | Ravenna LNG Terminal SRL, Enura SpA | $ 873 M | $ 7 M | $ 881 M | ||||
| 5 | ConocoPhillips | Lazard | investment | Bermuda | United States | North America | North America | Polar Tankers Inc, Conoco Funding Co | $ 823 M | $ 823 M | |||||
| 6 | American Electric Power Company Inc (AEP) | Lazard | investment | Bermuda | United States | North America | North America | Appalachian Power Co, CSW CREDIT INC, Indiana Michigan Power Co, Kentucky Power Co, Ohio Power Co, Southwestern Electric Power Co, SWEPCO Capital I, SWEPCo Capital Trust I, Wheeling Power Co, Public Service Co of Oklahoma, AEP Generating Co | $ 692 M | $ <1 M | $ 692 M | ||||
| 7 | Petroleo Brasileiro SA – Petrobras | Lazard | investment | Bermuda | Brazil | North America | South America | Petrobras Global Finance BV | $ 496 M | $ 496 M | |||||
| 8 | Siemens AG | Lazard | investment | Bermuda | Germany | North America | Europe (EU) | $ 390 M | $ 390 M | ||||||
| 9 | PPL Corp | Lazard | investment | Bermuda | United States | North America | North America | Kentucky Utilities Co, Louisville Gas & Electric Co, PPL Capital Funding Inc, LG&E and KU Energy LLC | $ 382 M | $ 382 M | |||||
| 10 | BP plc | Lazard | investment | Bermuda | United Kingdom | North America | Europe (non EU) | Atlantic Richfield Co, BP Finance Australia Pty Ltd, BP Capital Markets PLC, BP Capital Markets America Inc, BP Capital Markets BV | $ 366 M | $ <1 M | $ 366 M | ||||
| 11 | Power Assets Holdings Ltd | Lazard | investment | Bermuda | China (Hong Kong) | North America | East Asia | $ 308 M | $ 308 M | ||||||
| 12 | Pinnacle West Capital Corp | Lazard | investment | Bermuda | United States | North America | North America | Arizona Public Service Co | $ 306 M | $ 306 M | |||||
| 13 | Exxon Mobil Corporation | Lazard | investment | Bermuda | United States | North America | North America | Imperial Oil Ltd | $ 264 M | $ 17 M | $ 282 M | ||||
| 14 | China Energy Investment Corporation (CHN Energy) | Lazard | investment | Bermuda | China | North America | 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 | $ 242 M | $ 242 M | |||||
| 15 | Engie SA | Lazard | investment | Bermuda | France | North America | Europe (EU) | Engie Finance SA, GRTgaz SA, ENGIE Energia Chile SA | $ 191 M | $ 2 M | $ 194 M | ||||
| 16 | Jardine Matheson Holdings Ltd | Lazard | investment | Bermuda | China (Hong Kong) | North America | East Asia | Jardine Cycle & Carriage Ltd, PT United Tractors Tbk, PT Pamapersada Nusantara, PT Prima Multi Mineral, PT Tuah Turangga Agung, PT Kalimantan Prima Persada, PT Astra International Tbk, PT Surya Artha Nusantara Finance | $ 185 M | $ 185 M | |||||
| 17 | TotalEnergies SE | Lazard | investment | Bermuda | France | North America | Europe (EU) | Total Finance SAS, Total Treasury SAS, TotalEnergies Capital SA, TotalEnergies Capital Canada Ltd, TotalEnergies Capital International SA, East African Crude Oil Pipeline (EACOP) Ltd | $ 145 M | $ 11 M | $ 156 M | ||||
| 18 | Shell plc | Lazard | investment | Bermuda | United Kingdom | North America | 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 | $ 144 M | $ 144 M | |||||
| 19 | Suncor Energy Inc | Lazard | investment | Bermuda | Canada | North America | North America | $ 144 M | $ 144 M | ||||||
| 20 | Adani Group | Lazard | investment | Bermuda | India | North America | South Asia | Adani Australia Pty Ltd, Adani Enterprises Ltd, Adani Ports and Special Economic Zone Ltd, Adani Power Ltd, Adani Energy Solutions Ltd, North Queensland Export Terminal Pty Ltd, PT Adani Global, Bravus Mining and Resources, Pench Thermal Energy (MP) Ltd, Adani Power Dahej Ltd, Adani Power (Jharkhand) Ltd, Karaikal Port Pvt Ltd, Adani Krishnapatnam Port Ltd, Mahan Energen Ltd, Bowen Rail Co Pty Ltd, Stratatech Mineral Resources Pvt Ltd, Adani Electricity Mumbai Ltd, NQXT Capital Pty Ltd, Adani Rugby Run Finance Pty Ltd, Mahanadi Mines and Minerals Pvt Ltd, CG Natural Resources Pvt Ltd, MP Natural Resources Pvt Ltd, Anuppur Thermal Energy (MP) Pvt Ltd, Katni Thermal Energy (MP) Ltd, Mirzapur Thermal Energy (UP) Pvt Ltd, Adani Infra (India) Ltd, Kalinga Alumina Ltd, Ambuja Cements Ltd | $ 127 M | $ <1 M | $ 127 M | ||||
| 21 | Galp Energia SGPS SA | Lazard | investment | Bermuda | Portugal | North America | Europe (EU) | $ 120 M | $ 120 M | ||||||
| 22 | Cenovus Energy Inc | Lazard | investment | Bermuda | Canada | North America | North America | $ 87 M | $ 87 M | ||||||
| 23 | NextEra Energy Inc | Lazard | investment | Bermuda | United States | North America | North America | NextEra Energy Capital Holdings Inc, Pipeline Funding Company LLC | $ 21 M | $ 65 M | $ 85 M | ||||
| 24 | Enel SpA | Lazard | investment | Bermuda | Italy | North America | Europe (EU) | Endesa SA, Nuove Energie SRL, Enel Finance International NV, Enel Investment Holding BV, Endesa Financiación Filiales SA, Enel Finance America LLC | $ 48 M | $ 22 M | $ 70 M | ||||
| 25 | ArcelorMittal SA | Lazard | investment | Bermuda | Luxembourg | North America | Europe (EU) | $ 65 M | $ 2 M | $ 66 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!