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) | $42M | $43M | $25M | $13M | $19M | $64M | $50M | $55M | $62M | $64M | $75M | $256M | ||||||||||||||||
| 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) | $10M | $37M | $78M | $45M | Not On GCEL Change in Company Structure | $88M | $37M | $45M | $170M | |||||||||||||||||||
| 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) | $24M | $48M | $37M | $11M | $3M | $5M | $36M | $51M | $37M | $5M | $128M | |||||||||||||||||
| WEC Energy Group IncElm Road Generating Station Supercritical LLC, Wisconsin Electric Power Company, Wisconsin Public Service Corporation (based on GCEL 2025) | $41M | $20M | $67M | $20M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $108M | $128M | ||||||||||||||||||||
| Ameren CorporationUnion Electric Co (based on GCEL 2025) | $36M | $42M | $18M | $36M | $42M | $18M | $96M | |||||||||||||||||||||
| 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 | $16M | $23M | $20M | $51M | Not On GCEL Change in Company Structure | $23M | $20M | $94M | |||||||||||||||||||
| DTE Energy CompanyDTE CAPITAL CORP, DTE Electric Co (based on GCEL 2025) | $41M | $7M | $22M | $41M | Not On GCEL Change in Company Structure | $7M | $22M | $70M | ||||||||||||||||||||
| FirstEnergy CorpGPU CAPITAL INC, Monongahela Power Co (based on GCEL 2025) | $14M | $31M | $6M | $14M | Not On GCEL Change in Company Structure | $20M | Not On GCEL Change in Company Structure | $45M | $65M | |||||||||||||||||||
| NRG Energy IncNRG Finance Co I LLC (based on GCEL 2025) | $26M | $19M | $ | $9M | $8M | $ | Not On GCEL Change in Company Structure | $34M | $27M | $1M | $63M | |||||||||||||||||
| 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) | $23M | $17M | $4M | $9M | $23M | $17M | $4M | $9M | $52M | |||||||||||||||||||
| CMS Energy CorpConsumers Energy Co, Consumers Energy Co Finance III, Consumers Energy Co Financing IV, Consumers Power Co Financing I (based on GCEL 2025) | $17M | $13M | $3M | $5M | $11M | $30M | $3M | $5M | $11M | $49M | ||||||||||||||||||
| Ohio Valley Electric Corp | $49M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $49M | $49M | ||||||||||||||||||||||
| NACCO Industries IncNorth American Coal LLC, The Coteau Properties Co (based on GCEL 2025) | mining | $45M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $45M | $45M | ||||||||||||||||||||||
| TXNM EnergyTXNM Energy, NM CAPITAL UTILITY CORP, Public Service Co of New Mexico (based on GCEL 2024) | $20M | $18M | $20M | Not On GCEL Change in Company Structure | $18M | $38M | ||||||||||||||||||||||
| Otter Tail CorpOtter Tail Power Co (based on GCEL 2025) | $13M | $8M | $6M | $9M | $13M | Not On GCEL Change in Company Structure | $17M | $6M | $36M | |||||||||||||||||||
| Alliant Energy CorporationAlliant Energy Finance LLC, Interstate Power and Light Co, Wisconsin Power and Light Company (based on GCEL 2025) | $15M | $12M | $4M | $5M | Not On GCEL Change in Company Structure | $15M | $16M | $5M | $36M | |||||||||||||||||||
| NorthWestern Energy Group IncNorthWestern Corp (based on GCEL 2025) | $15M | $12M | $2M | $15M | $12M | Not On GCEL Change in Company Structure | $2M | $28M | ||||||||||||||||||||
| NiSource IncNiSource Capital Markets, Inc., NiSource Finance Corp, Northern Indiana Public Service Company LLC (based on GCEL 2025) | $10M | $6M | $11M | $10M | $6M | $11M | $26M | |||||||||||||||||||||
| OGE Energy CorpOG&E Financing I, Oklahoma Gas and Electric Company (based on GCEL 2025) | $10M | $8M | $8M | $10M | $16M | Not On GCEL Change in Company Structure | $26M | |||||||||||||||||||||
| Avista Corp | $5M | $3M | $3M | $ | $6M | $5M | $10M | Not On GCEL Change in Company Structure | $3M | $18M | ||||||||||||||||||
| CONSOL Energy Inc | power | $17M | Not On GCEL Change in Company Structure | $17M | Not On GCEL Change in Company Structure | $17M | ||||||||||||||||||||||
| PPL CorporationKentucky Utilities Co, LG&E and KU Energy LLC, Louisville Gas & Electric Co, PPL Capital Funding Inc (based on GCEL 2025) | $17M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $17M | $17M | ||||||||||||||||||||||
| 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 | |||||||||||||||||||||||
| Ramaco Resources IncBrook Mining Co LLC, Ramaco Carbon LLC (based on GCEL 2025) | mining | $3M | $3M | $6M | $ | Not On GCEL Change in Company Structure | $3M | $3M | $6M | $12M | ||||||||||||||||||
| IDACORP IncIdaho Power Co (based on GCEL 2025) | $12M | $12M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $12M | |||||||||||||||||||||||
| ALLETE IncBNI Energy Inc, Minnesota Power (based on GCEL 2025) | $9M | $9M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $9M | |||||||||||||||||||||||
| Pinnacle West Capital CorpArizona Public Service Co (based on GCEL 2025) | $6M | $6M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $6M | |||||||||||||||||||||||
| Entergy Arkansas Inc | 0 | $6M | Not On GCEL Change in Company Structure | $6M | Not On GCEL Change in Company Structure | $6M | ||||||||||||||||||||||
| Dominion Energy IncVirginia Electric and Power Co, Dominion Energy South Carolina Inc (based on GCEL 2023) | $2M | $2M | Not On GCEL Change in Company Structure | Not On GCEL Change in Company Structure | $2M |