updated
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
| Coal Industry Sector: | Power, Services |
| Coal Share of Revenue: |
>51% |
Coal Expansion Plans:
|
No |
Listed on the Global Coal Exit List 2023
| Oil and Gas Production in 2022: | No |
| Upstream Expansion:
The upstream expansion figure shows how much oil and gas resources a company is extremely likely to add to its production portfolio in the short term (approx. 1-7 years).
|
No |
| Midstream Expansion:
“Pipeline” means a company is developing ≥100km of oil or gas pipelines. “LNG” means a company is developing LNG terminals with ≥1Mt of annual gas liquefaction capacity.
|
No |
| Gas-fired Power Expansion:
“Yes” for all companies that are developing ≥100 MW of gas-fired power capacity.
|
Yes |
Listed on the Global Oil & Gas Exit List 2023
161 results Total investment of current selection: $ 11,515 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Tenaga Nasional Bhd (TNB) | Khazanah Nasional | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 3,024 M | $ 3,024 M | ||||||
| 2 | Tenaga Nasional Bhd (TNB) | Employees Provident Fund | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 2,783 M | $ 2,783 M | ||||||
| 3 | Tenaga Nasional Bhd (TNB) | Permodalan Nasional Berhad | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 2,475 M | $ 2,475 M | ||||||
| 4 | Tenaga Nasional Bhd (TNB) | KWAP Retirement Fund | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 1,076 M | $ 1,076 M | ||||||
| 5 | Tenaga Nasional Bhd (TNB) | Vanguard | investment | United States | Malaysia | North America | South-East Asia | $ 299 M | $ 2 M | $ 301 M | |||||
| 6 | Tenaga Nasional Bhd (TNB) | Public Bank | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 270 M | $ 270 M | ||||||
| 7 | Tenaga Nasional Bhd (TNB) | BlackRock | investment | United States | Malaysia | North America | South-East Asia | $ 194 M | $ 15 M | $ 209 M | |||||
| 8 | Tenaga Nasional Bhd (TNB) | Prudential Plc | investment | United Kingdom | Malaysia | Europe (non EU) | South-East Asia | $ 192 M | $ 192 M | ||||||
| 9 | Tenaga Nasional Bhd (TNB) | Malaysian Hajj Pilgrims Fund | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 161 M | $ 161 M | ||||||
| 10 | Tenaga Nasional Bhd (TNB) | AIA Group | investment | China (Hong Kong) | Malaysia | East Asia | South-East Asia | $ 116 M | $ 116 M | ||||||
| 11 | Tenaga Nasional Bhd (TNB) | Geode Capital Holdings | investment | United States | Malaysia | North America | South-East Asia | $ 89 M | $ 89 M | ||||||
| 12 | Tenaga Nasional Bhd (TNB) | GIC | investment | Singapore | Malaysia | South-East Asia | South-East Asia | $ 74 M | $ 74 M | ||||||
| 13 | Tenaga Nasional Bhd (TNB) | Oversea-Chinese Banking Corporation | investment | Singapore | Malaysia | South-East Asia | South-East Asia | $ 71 M | $ <1 M | $ 72 M | |||||
| 14 | Tenaga Nasional Bhd (TNB) | Fidelity Investments | investment | United States | Malaysia | North America | South-East Asia | $ 47 M | $ <1 M | $ 47 M | |||||
| 15 | Tenaga Nasional Bhd (TNB) | T. Rowe Price | investment | United States | Malaysia | North America | South-East Asia | $ 43 M | $ 4 M | $ 47 M | |||||
| 16 | Tenaga Nasional Bhd (TNB) | California Public Employees' Retirement System (CalPERS) | investment | United States | Malaysia | North America | South-East Asia | $ 38 M | $ 38 M | ||||||
| 17 | Tenaga Nasional Bhd (TNB) | Charles Schwab | investment | United States | Malaysia | North America | South-East Asia | $ 37 M | $ 37 M | ||||||
| 18 | Tenaga Nasional Bhd (TNB) | Government Pension Investment Fund (GPIF) | investment | Japan | Malaysia | East Asia | South-East Asia | $ 35 M | $ 35 M | ||||||
| 19 | Tenaga Nasional Bhd (TNB) | State Street | investment | United States | Malaysia | North America | South-East Asia | $ 24 M | $ <1 M | $ 24 M | |||||
| 20 | Tenaga Nasional Bhd (TNB) | New York Life Insurance | investment | United States | Malaysia | North America | South-East Asia | $ 24 M | $ 24 M | ||||||
| 21 | Tenaga Nasional Bhd (TNB) | Doubleline Capital | investment | United States | Malaysia | North America | South-East Asia | $ 22 M | $ 22 M | ||||||
| 22 | Tenaga Nasional Bhd (TNB) | Principal Financial Group | investment | United States | Malaysia | North America | South-East Asia | $ 21 M | $ <1 M | $ 21 M | |||||
| 23 | Tenaga Nasional Bhd (TNB) | Affin | investment | Malaysia | Malaysia | South-East Asia | South-East Asia | $ 21 M | $ 21 M | ||||||
| 24 | Tenaga Nasional Bhd (TNB) | Crédit Agricole (incl. Amundi) | investment | France | Malaysia | Europe (EU) | South-East Asia | $ 20 M | $ 20 M | ||||||
| 25 | Tenaga Nasional Bhd (TNB) | Dimensional Fund Advisors | investment | United States | Malaysia | North America | South-East Asia | $ 19 M | $ 19 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!