2022:
2023:
2024:
2025:
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | $56M | $43M | $48M | $42M | $40M | $20M | $59M | $98M | $84M | $20M | $107M | $308M | ||||||||||||||||
| 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) | $62M | $118M | $37M | $55M | $8M | $62M | $118M | $37M | $63M | $281M | ||||||||||||||||||
| Emera IncEMERA US FINANCE LP, Nova Scotia Power Inc (based on GCEL 2025) | $77M | $47M | $21M | $48M | $77M | $48M | $47M | $21M | $193M | |||||||||||||||||||
| DTE Energy CompanyDTE CAPITAL CORP, DTE Electric Co (based on GCEL 2025) | $23M | $56M | $12M | $32M | $20M | $20M | $35M | $32M | $20M | $76M | $165M | |||||||||||||||||
| PPL CorporationKentucky Utilities Co, LG&E and KU Energy LLC, Louisville Gas & Electric Co, PPL Capital Funding Inc (based on GCEL 2025) | $36M | $54M | $28M | $45M | Not On GCEL Change in Company Structure | $63M | Not On GCEL Change in Company Structure | $98M | $162M | |||||||||||||||||||
| WEC Energy Group IncElm Road Generating Station Supercritical LLC, Wisconsin Electric Power Company, Wisconsin Public Service Corporation (based on GCEL 2025) | $28M | $20M | $67M | $42M | Not On GCEL Change in Company Structure | $20M | $67M | $70M | $157M | |||||||||||||||||||
| 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) | $35M | $20M | $20M | $23M | $38M | $56M | $20M | $23M | $38M | $136M | ||||||||||||||||||
| 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) | $37M | $56M | $12M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $92M | $12M | $105M | ||||||||||||||||||||
| 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) | $11M | $8M | $9M | $16M | $14M | $41M | $9M | $27M | $21M | $41M | $98M | |||||||||||||||||
| TransAlta CorporationTransAlta Centralia Generation LLC (based on GCEL 2025) | $23M | $24M | $35M | $7M | $23M | $24M | $35M | $7M | $89M | |||||||||||||||||||
| NRG Energy IncNRG Finance Co I LLC (based on GCEL 2025) | $47M | $19M | $ | $9M | $8M | $2M | Not On GCEL Change in Company Structure | $56M | $27M | $2M | $85M | |||||||||||||||||
| NiSource IncNiSource Capital Markets, Inc., NiSource Finance Corp, Northern Indiana Public Service Company LLC (based on GCEL 2025) | $20M | $27M | $25M | Not On GCEL Change in Company Structure | $20M | Not On GCEL Change in Company Structure | $52M | $71M | ||||||||||||||||||||
| 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) | $25M | $45M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $25M | $45M | $70M | |||||||||||||||||||||
| Basin Electric Power CooperativeDakota Coal Co, Dakota Gasification Co (based on GCEL 2025) | $17M | $19M | $23M | $17M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $42M | $59M | ||||||||||||||||||||
| Pinnacle West Capital CorpArizona Public Service Co (based on GCEL 2025) | $17M | $15M | $4M | $19M | Not On GCEL Change in Company Structure | $32M | $4M | $19M | $55M | |||||||||||||||||||
| Dominion Energy IncVirginia Electric and Power Co, Dominion Energy South Carolina Inc (based on GCEL 2023) | $19M | $9M | $19M | $9M | $38M | Not On GCEL Change in Company Structure | $46M | |||||||||||||||||||||
| 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 | $28M | $15M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $28M | $43M | ||||||||||||||||||||
| NorthWestern Energy Group IncNorthWestern Corp (based on GCEL 2025) | $15M | $12M | $10M | $15M | $12M | Not On GCEL Change in Company Structure | $10M | $36M | ||||||||||||||||||||
| Fortis IncTucson Electric Power Co, UNS Energy Corporation (based on GCEL 2025) | $4M | $3M | $3M | $4M | $4M | $4M | $2M | $5M | $8M | $7M | $5M | $9M | $29M | |||||||||||||||
| Black Hills CorpWyodak Resources Development Corp (based on GCEL 2025) | $7M | $5M | $5M | $4M | Not On GCEL Change in Company Structure | $5M | $11M | $4M | $20M | |||||||||||||||||||
| Portland General Electric Co | $5M | $10M | Not On GCEL Change in Company Structure | $5M | $10M | $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 | |||||||||||||||||||||||
| Capital Power Corp | 0 | $10M | Not On GCEL Change in Company Structure | $10M | Not On GCEL Change in Company Structure | $10M | ||||||||||||||||||||||
| 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 |