5 Biggest Power Generation Companies in the World

In this article we are going to list the 5 biggest power generation companies in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 20 biggest power generation companies in the world.

5. China Southern Power Grid

Total TTM revenue (in billions): $104.2

Total market cap as at 1st March 2023 (in billions): $N/A

China Southern Power Grid is the second-largest power generation company in China, and has recently been involved in considering a bid for Enel’s assets located in Peru, worth around $3 billion.

4. Uniper

Total TTM revenue (in billions): $292.8

Total market cap as at 1st March 2023 (in billions): $25.1

One of the largest power generation companies in the world, and the second biggest in terms of revenue alone, Uniper has had to take a 4 billion euros hit after losing any control over its Russian subsidiary. In 2022, Uniper was involved in a multi-billion euro bailout in 2022, and posted a loss of 19 billion euros last year.

3. Electricité de France S.A.

Total TTM revenue (in billions): $153.2

Total market cap as at 1st March 2023 (in billions): $49.2

Largely owned by the state of France, Electricité de France has a global power generation capacity of at least 120 gigawatts. In 2022, the company reported a historic loss after its nuclear plants output was reduced significantly because of repairs even though its earnings before interest, tax, depreciation and amortization is expected to be significantly higher in 2023 as compared to 2021.

2. Enel

Total TTM revenue (in billions): $156.1

Total market cap as at 1st March 2023 (in billions): $57.6

Enel is the largest power generation company in Italy, where 23.6% of the company is held by the Italian government. The company is currently working with Greek PPC, who will pay over 1.3 billion euros for the company’s Romanian assets. Enel also recently signed a geothermal CO2 offtake agreement for its plant in Tuscany.

1. State Grid Corporation of China

Total TTM revenue (in billions): $460.6

Total market cap as at 1st March 2023 (in billions): N/A

Topping the list of the 20 biggest power generation companies in the world is one of the biggest companies in the world by revenue in State Grid Corporation of China. The company has recently stated that it will continue to increase investment in order to stabilize consumption.

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