JPMorgan Chase
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| Expansion | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Loans | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Underwriting | 2022 | 2023 | 2024 | 2025 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Berkshire Hathaway IncBerkshire Hathaway Energy Company, BNSF Railway Co, Bridger Coal Co, Burlington Northern Santa Fe LLC, MidAmerican Energy Co, PacifiCorp, PacifiCorp Capital Corp, PacifiCorp Capital I, PacifiCorp Capital II, PacifiCorp Financial Services Inc, Sierra Pacific Power Co (based on GCEL 2025) | $88M | $147M | $128M | $123M | $33M | $24M | $211M | $57M | $120M | $171M | $338M | $180M | $810M | |||||||||||||||
| PPL CorporationKentucky Utilities Co, LG&E and KU Energy LLC, Louisville Gas & Electric Co, PPL Capital Funding Inc (based on GCEL 2025) | $58M | $130M | $85M | $92M | $141M | Not On GCEL Change in Company Structure | $150M | $130M | $226M | $506M | ||||||||||||||||||
| Duke Energy CorporationDuke Capital Financing Trust I, Duke Capital Financing Trust II, Duke Energy Capital Trust II, Duke Energy Carolinas LLC, Duke Energy Florida LLC, Duke Energy Florida Project Finance LLC, Duke Energy Indiana LLC, Duke Energy Kentucky Inc, Duke Energy Ohio Inc, Duke Energy Progress LLC, PROGRESS CAPITAL HOLDINGS INC, Progress Energy Inc (based on GCEL 2025) | $68M | $71M | $75M | $59M | $50M | $58M | $28M | $38M | $118M | $128M | $103M | $97M | $446M | |||||||||||||||
| Ameren CorporationUnion Electric Co (based on GCEL 2025) | $72M | $104M | $89M | $63M | $53M | $47M | $72M | $63M | $157M | $136M | $427M | |||||||||||||||||
| The AES CorporationAES Andes SA, AES Argentina Generacion SA, AES Indiana, AES Mong Duong Power Co Ltd, AES Ohio, DPL Capital Trust II, DPL Inc, Empresa Electrica Angamos SpA, Empresa Electrica Cochrane SpA, IPALCO ENTERPRISES INC, Mong Duong Finance Holdings BV (based on GCEL 2025) | $39M | $138M | $39M | $158M | $44M | $78M | Not On GCEL Change in Company Structure | $158M | $182M | $418M | ||||||||||||||||||
| CenterPoint Energy IncHouston Industries Financeco LP, Reliant Energy Finance Co III, SIGECO Securitization I LLC, Southern Indiana Gas and Electric Company, Vectren Capital Corp, Vectren LLC (based on GCEL 2025) | $44M | $75M | $58M | $50M | $104M | $20M | $44M | $125M | $104M | $78M | $351M | |||||||||||||||||
| DTE Energy CompanyDTE CAPITAL CORP, DTE Electric Co (based on GCEL 2025) | $72M | $56M | $49M | $56M | $24M | $16M | $30M | $33M | $96M | $72M | $79M | $90M | $337M | |||||||||||||||
| RWE AGRWE Finance US, LLC, RWE Power AG (based on GCEL 2025) | $19M | $33M | $46M | $76M | $122M | $141M | $33M | $46M | $76M | $296M | ||||||||||||||||||
| American Electric Power Company Inc (AEP)AEP Credit Inc, AEP Generating Co, Appalachian Power Co, Indiana Michigan Power Co, Kentucky Power Co, Ohio Power Co, Public Service Co of Oklahoma, Southwestern Electric Power Company, Wheeling Power Co (based on GCEL 2025) | $126M | $16M | $49M | $24M | $55M | $126M | $16M | $73M | $55M | $270M | ||||||||||||||||||
| The Southern CompanyAlabama Power Capital Trust I, Alabama Power Capital Trust II, Alabama Power Capital Trust III, Alabama Power Capital Trust V, Alabama Power Co, Georgia Power Capital LP, Georgia Power Capital Trust, Georgia Power Capital Trust II, Georgia Power Capital Trust III, Georgia Power Capital Trust V, Georgia Power Capital Trust VI, Georgia Power Capital Trust VII, Georgia Power Co, Southern Co Capital Funding Inc, Southern Co Capital Trust I, Southern Co Capital Trust II, Southern Co Capital Trust III, Southern Co Capital Trust IV, Southern Co Capital Trust V, Southern Co Capital Trust VI, Southern Company Gas Capital Corporation (based on GCEL 2025) | $57M | $36M | $49M | $21M | $30M | $44M | Not On GCEL Change in Company Structure | $78M | $67M | $94M | $238M | |||||||||||||||||
| Xcel Energy IncNorthern States Power Co - Minnesota, Public Service Company of Colorado, Southwestern Public Service Capital I, Southwestern Public Service Company (based on GCEL 2025) | $44M | $50M | $25M | $23M | $16M | $52M | $69M | $23M | $16M | $103M | $210M | |||||||||||||||||
| FirstEnergy CorpGPU CAPITAL INC, Monongahela Power Co (based on GCEL 2025) | $48M | $31M | $31M | $26M | $34M | Not On GCEL Change in Company Structure | $74M | $31M | $65M | $169M | ||||||||||||||||||
| Sasol LtdSasol Financing International Ltd, Sasol Financing (Pty) Ltd, Sasol Financing USA LLC, Sasol Mining Pty Ltd (based on GCEL 2025) | mining | $100M | $56M | $9M | $56M | $109M | Not On GCEL Change in Company Structure | $165M | ||||||||||||||||||||
| Alliant Energy CorporationAlliant Energy Finance LLC, Interstate Power and Light Co, Wisconsin Power and Light Company (based on GCEL 2025) | $16M | $38M | $25M | $31M | $15M | $32M | Not On GCEL Change in Company Structure | $47M | $53M | $57M | $157M | |||||||||||||||||
| NiSource IncNiSource Capital Markets, Inc., NiSource Finance Corp, Northern Indiana Public Service Company LLC (based on GCEL 2025) | $31M | $18M | $27M | $18M | $34M | $25M | $31M | $36M | $34M | $52M | $152M | |||||||||||||||||
| CMS Energy CorpConsumers Energy Co, Consumers Energy Co Finance III, Consumers Energy Co Financing IV, Consumers Power Co Financing I (based on GCEL 2025) | $21M | $49M | $21M | $16M | $14M | $28M | $42M | $16M | $14M | $77M | $149M | |||||||||||||||||
| WEC Energy Group IncElm Road Generating Station Supercritical LLC, Wisconsin Electric Power Company, Wisconsin Public Service Corporation (based on GCEL 2025) | $41M | $31M | $33M | $23M | $17M | $31M | $33M | $23M | $58M | $146M | ||||||||||||||||||
| Evergy IncAquila Capital LP, Evergy Kansas Central Inc, Evergy Kansas South Inc, Evergy Metro Inc, Evergy Missouri West Inc (based on GCEL 2025) | $64M | $28M | $23M | $29M | Not On GCEL Change in Company Structure | $92M | $23M | $29M | $144M | |||||||||||||||||||
| Transnet SOC Ltd | infrastructure | $51M | $31M | $59M | $51M | $90M | Not On GCEL Change in Company Structure | $142M | ||||||||||||||||||||
| Korea Electric Power Corporation (KEPCO)Korea East-West Power Co Ltd, Korea Midland Power Co Ltd, Korea South-East Power Co Ltd, Korea Southern Power Co Ltd, Korea Western Power Co Ltd (based on GCEL 2025) | power | $69M | $70M | Not On GCEL Change in Company Structure | $69M | Not On GCEL Change in Company Structure | $70M | $139M | ||||||||||||||||||||
| Pinnacle West Capital CorpArizona Public Service Co (based on GCEL 2025) | $24M | $28M | $24M | $9M | $28M | Not On GCEL Change in Company Structure | $48M | $37M | $28M | $113M | ||||||||||||||||||
| IDACORP IncIdaho Power Co (based on GCEL 2025) | $12M | $14M | $22M | $9M | $35M | $9M | $8M | $12M | $49M | $31M | $17M | $110M | ||||||||||||||||
| OGE Energy CorpOG&E Financing I, Oklahoma Gas and Electric Company (based on GCEL 2025) | $17M | $16M | $8M | $30M | $12M | $25M | $17M | $45M | $20M | $25M | $108M | |||||||||||||||||
| Eskom Holdings SOC LtdEskom Finance Co SOC Ltd (based on GCEL 2025) | $99M | $99M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $99M | |||||||||||||||||||||||
| Glencore PLCBulga Coal Management Pty Ltd, Carbones del Cerrejon Ltd, Finges Investment BV, Glencore Australia Holdings Pty Ltd, Glencore Capital Finance DAC, Glencore Finance (Bermuda) Ltd, Glencore Finance (Canada) Ltd, Glencore Finance (Europe) Ltd, Glencore Funding LLC, Glencore Group Funding Ltd, Glencore International AG, Glencore (Schweiz) AG, Hail Creek Joint Venture , Rolleston Coal Holdings Pty Ltd, Ulan Coal Mines Ltd, Wandoan Holdings Pty Ltd (based on GCEL 2025) | power, mining | $15M | $37M | $44M | $15M | $37M | $44M | $96M | ||||||||||||||||||||
| Tennessee Valley Authority | $85M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $85M | $85M | ||||||||||||||||||||||
| ALLETE IncBNI Energy Inc, Minnesota Power (based on GCEL 2025) | $14M | $14M | $22M | $20M | $15M | $34M | $14M | Not On GCEL Change in Company Structure | $37M | $85M | ||||||||||||||||||
| CSX Corp | $29M | $16M | $5M | $19M | $15M | $16M | $34M | $19M | $15M | $84M | ||||||||||||||||||
| Portland General Electric Co | $9M | $9M | $10M | $8M | $13M | $16M | $22M | $9M | $26M | $8M | $64M | |||||||||||||||||
| Black Hills CorpWyodak Resources Development Corp (based on GCEL 2025) | $9M | $20M | $8M | $5M | $14M | Not On GCEL Change in Company Structure | $8M | $14M | $34M | $56M | ||||||||||||||||||
| JERA Co IncHitachinaka Generation Co Ltd, Jera Global Markets Pte Ltd (based on GCEL 2025) | $5M | $5M | $4M | $10M | $10M | $20M | $15M | $5M | $14M | $20M | $54M | |||||||||||||||||
| NRG Energy IncNRG Finance Co I LLC (based on GCEL 2025) | $20M | $19M | $ | $8M | $2M | Not On GCEL Change in Company Structure | $20M | $27M | $2M | $49M | ||||||||||||||||||
| BHP Group LtdBHP Billiton Finance BV, BHP Billiton Finance Ltd, BHP Billiton Finance plc, BHP Billiton Finance (USA) Ltd, BHP Finance Ltd, Hunter Valley Energy Coal Pty Ltd, WMC Finance (USA) Ltd (based on GCEL 2025) | mining | $25M | $23M | Not On GCEL Change in Company Structure | $25M | Not On GCEL Change in Company Structure | $23M | $48M | ||||||||||||||||||||
| Bulgarian Energy Holding EADMini Maritsa iztok EAD (MMI) (based on GCEL 2025) | $46M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $46M | $46M | ||||||||||||||||||||||
| Mitsubishi CorporationMitsubishi Corporation Finance PLC (based on GCEL 2025) | power | $4M | $11M | $24M | Not On GCEL Change in Company Structure | $4M | $11M | $24M | $39M | |||||||||||||||||||
| Eneva SA | $37M | $37M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $37M | |||||||||||||||||||||||
| Orica Ltd | $36M | $36M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $36M | |||||||||||||||||||||||
| Vedanta Resources LtdAthena Chhattisgarh Power Ltd, Meenakshi Energy Ltd, Talwandi Sabo Power Ltd, Vedanta Finance UK Ltd, Vedanta Ltd, Vedanta Resources Finance II PLC, Vedanta Resources Finance Ltd, Vizag General Cargo Berth Pvt Ltd (based on GCEL 2025) | power, mining | $25M | $10M | Not On GCEL Change in Company Structure | $25M | Not On GCEL Change in Company Structure | $10M | $35M | ||||||||||||||||||||
| NorthWestern Energy Group IncNorthWestern Corp (based on GCEL 2025) | $8M | $12M | $15M | $8M | $12M | Not On GCEL Change in Company Structure | $15M | $35M | ||||||||||||||||||||
| Enel SpAEnel Finance International NV, Enel Investment Holding BV, Endesa Financiacio?n Filiales SA, Enel Finance America LLC (based on GCEL 2023) | $18M | $10M | $18M | $10M | Not On GCEL Change in Company Structure | $28M | ||||||||||||||||||||||
| Fortis IncTucson Electric Power Co, UNS Energy Corporation (based on GCEL 2025) | $24M | $24M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $24M | |||||||||||||||||||||||
| MDU Resources Group IncMontana-Dakota Utilities Co (based on GCEL 2025) | $6M | $11M | $6M | Not On GCEL Change in Company Structure | $6M | Not On GCEL Change in Company Structure | $17M | $24M | ||||||||||||||||||||
| Oglethorpe Power Corporation | $5M | $14M | $5M | Not On GCEL Change in Company Structure | $14M | $10M | $23M | |||||||||||||||||||||
| Tri-State Generation and Transmission Association IncElk Ridge Mining and Reclamation LLC (based on GCEL 2025) | $23M | $23M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $23M | |||||||||||||||||||||||
| Origin Energy LtdOrigin Energy Finance Ltd (based on GCEL 2025) | $4M | $12M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $4M | $12M | $17M | |||||||||||||||||||||
| Comision Federal de Electricidad EPE (CFE) | $5M | $8M | $3M | Not On GCEL Change in Company Structure | $5M | $8M | $3M | $17M | ||||||||||||||||||||
| Cleco Corporate Holdings LLCCleco Cajun LLC (based on GCEL 2024) | $13M | $3M | Not On GCEL Change in Company Structure | $13M | $3M | $16M | ||||||||||||||||||||||
| CONSOL Energy Inc | power | $14M | $14M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $14M | ||||||||||||||||||||||
| Entergy Arkansas Inc | 0 | $14M | Not On GCEL Change in Company Structure | $14M | Not On GCEL Change in Company Structure | $14M | ||||||||||||||||||||||
| Vistra CorpDynegy Midwest Generation LLC, Luminant Mining Co LLC, Vistra Finance Corp (based on GCEL 2025) | $12M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $12M | $12M | |||||||||||||||||||||||
| Abu Dhabi National Energy Company PJSC (TAQA)CMS Generation Investment Company IV, TAQA Morocco SA, TAQA Neyveli Power Co Pvt Ltd (based on GCEL 2025) | $11M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $11M | $11M | |||||||||||||||||||||||
| Avista Corp | $3M | $2M | $6M | $2M | $9M | Not On GCEL Change in Company Structure | $11M | |||||||||||||||||||||
| ORLEN SAEnerga Finance AB, Energa SA (based on GCEL 2025) | $4M | $1M | $5M | Not On GCEL Change in Company Structure | $1M | $4M | $5M | $11M | ||||||||||||||||||||
| Intermountain Power Agency | $11M | $11M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $11M | |||||||||||||||||||||||
| PT Mineral Industri Indonesia (Persero)PT Bukit Asam Tbk (based on GCEL 2025) | infrastructure | $10M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $10M | $10M | ||||||||||||||||||||||
| Dominion Energy IncVirginia Electric and Power Co, Dominion Energy South Carolina Inc (based on GCEL 2023) | $9M | $9M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $9M | |||||||||||||||||||||||
| Trafigura Group Pte LtdTrafigura Group Pte Ltd (based on GCEL 2023) | 0 | $9M | Not On GCEL Change in Company Structure | $9M | Not On GCEL Change in Company Structure | $9M | ||||||||||||||||||||||
| Press Metal Aluminium Holdings BhdPT Bintan Aluminum Indonesia (based on GCEL 2024) | power | $8M | $8M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $8M | ||||||||||||||||||||||
| Kyushu Electric Power Co Inc | $7M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $7M | $7M | ||||||||||||||||||||||
| Capital Power Corp | 0 | $7M | Not On GCEL Change in Company Structure | $7M | Not On GCEL Change in Company Structure | $7M | ||||||||||||||||||||||
| Puget Energy Inc | $5M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $5M | $5M | ||||||||||||||||||||||
| Pacific National Holdings Pty LtdPacific National Finance Pty Ltd (based on GCEL 2025) | $5M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $5M | $5M | ||||||||||||||||||||||
| South Carolina Public Service Authority | $4M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $4M | $4M | |||||||||||||||||||||||
| MGE Energy IncMadison Gas and Electric Co (based on GCEL 2025) | $3M | Not On GCEL Change in Company Structure | $3M | Not On GCEL Change in Company Structure | $3M | |||||||||||||||||||||||
| China Three Gorges CorporationInner Mongolia Three Gorges Mengneng Energy Co Ltd, Three Gorges Bazhou Ruoqiang Energy Co Ltd, Three Gorges Capital Holdings Co Ltd, Three Gorges Finance I (Cayman Islands) Ltd, Three Gorges Finance II (Cayman Islands)Ltd (based on GCEL 2025) | power, mining | $3M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $3M | $3M | |||||||||||||||||||||
| Uniper SEUniper Kraftwerke GmbH (based on GCEL 2025) | $2M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $2M | $2M | |||||||||||||||||||||||
| TransAlta CorporationTransAlta Centralia Generation LLC (based on GCEL 2025) | $2M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $2M | $2M | ||||||||||||||||||||||
| The Kansai Electric Power Company Inc (KEPCO) | $1M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $1M | $1M |