FirstEnergy Corporation, established in 1996 and headquartered in Akron, Ohio, is a diversified energy company that generates, transmits, and distributes electricity to approximately six million customers across Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. The company operates through regulated distribution and transmission segments, owning and managing a vast network of power plants, transmission lines, and distribution systems. These include coal-fired, nuclear, hydroelectric, natural gas, wind, and solar facilities, as well as 24,486 circuit miles of transmission lines and 269,691 miles of distribution lines, with a total installed transformer capacity of approximately 156,115,196 kilovolt-amperes. In addition to its core operations, FirstEnergy also provides energy-related products and services to retail and wholesale customers, contributing to the strengthening of local communities through its foundation's support of nonprofit organizations.
ArcelorMittal USA
Grant in 2024
ArcelorMittal USA LLC is a prominent manufacturer and supplier of a wide range of steel products and mining materials, primarily serving North American markets. The company produces various flat products, including hot-rolled and cold-rolled steel sheets, steel plates, coated products, and tin sheets, as well as long products such as railroad rails and ingots. Additionally, it offers welded products, carbon and alloy tubular products, and engages in the production of iron ore and metallurgical coal. ArcelorMittal USA serves diverse sectors, including automotive, energy, construction, packaging, transportation, and heavy machinery. Established in 2002 and based in Chicago, Illinois, the company has facilities in East Chicago, Indiana, and Richfield, Ohio. It operates as a subsidiary of Cleveland-Cliffs Inc., having undergone a name change from ArcelorMittal USA Inc. in December 2010.
PPL Corporation is a prominent holding company in the U.S. utility sector, overseeing regulated utilities in Pennsylvania, Kentucky, and Rhode Island. Its subsidiaries include PPL Electric Utilities, which delivers electricity across central and eastern Pennsylvania, as well as Louisville Gas and Electric and Kentucky Utilities, which engage in the regulated generation, transmission, and distribution of electricity and gas in Kentucky. Additionally, Rhode Island Energy provides electric and gas services in Rhode Island. PPL is dedicated to delivering reliable energy services while maintaining a strong commitment to customer satisfaction, consistently earning high rankings in service quality. The company emphasizes stable earnings and a secure dividend, appealing to investors looking for low-risk opportunities. Furthermore, PPL actively contributes to the communities it serves through job creation initiatives, charitable donations, and encouraging employee volunteerism, thereby enhancing the quality of life in those areas.
Cummins, established in 1919, is a global power technology company. It designs, manufactures, distributes, and services diesel and natural gas engines, as well as related components and electric power generation systems. Cummins is the leading manufacturer of diesel engines for commercial trucks, off-highway machinery, and railroad locomotives, and also produces standby and prime power generators. Its product portfolio includes powertrain components like transmissions, turbochargers, aftertreatment systems, and fuel systems. The company operates through four segments: Engine, Power Generation, Components, and Distribution. Cummins serves its customers through a vast network of over 600 company-owned and independent distributor locations, and more than 6,500 dealer locations in over 190 countries.
Ballard Power Systems
Grant in 2024
Ballard Power Systems Inc. specializes in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers a diverse range of solutions, including heavy-duty fuel cell modules, backup power systems, and products for material handling and unmanned aerial vehicles (UAVs). Ballard operates in three primary segments: Power Generation, which focuses on backup power and residential cogeneration; Automotive, providing fuel-cell solutions for vehicles; and Material Products, which includes carbon fiber and gas diffusion layers for fuel cells. The company's markets span various sectors, including transit buses, automotive, rail, and critical infrastructure, with significant operations in the United States, Europe, and China. Founded in 1979 and headquartered in Burnaby, Canada, Ballard Power Systems is recognized as a leader in the fuel cell industry.
ArcelorMittal USA
Grant in 2024
ArcelorMittal USA LLC is a prominent manufacturer and supplier of a wide range of steel products and mining materials, primarily serving North American markets. The company produces various flat products, including hot-rolled and cold-rolled steel sheets, steel plates, coated products, and tin sheets, as well as long products such as railroad rails and ingots. Additionally, it offers welded products, carbon and alloy tubular products, and engages in the production of iron ore and metallurgical coal. ArcelorMittal USA serves diverse sectors, including automotive, energy, construction, packaging, transportation, and heavy machinery. Established in 2002 and based in Chicago, Illinois, the company has facilities in East Chicago, Indiana, and Richfield, Ohio. It operates as a subsidiary of Cleveland-Cliffs Inc., having undergone a name change from ArcelorMittal USA Inc. in December 2010.
PPL Corporation is a prominent holding company in the U.S. utility sector, overseeing regulated utilities in Pennsylvania, Kentucky, and Rhode Island. Its subsidiaries include PPL Electric Utilities, which delivers electricity across central and eastern Pennsylvania, as well as Louisville Gas and Electric and Kentucky Utilities, which engage in the regulated generation, transmission, and distribution of electricity and gas in Kentucky. Additionally, Rhode Island Energy provides electric and gas services in Rhode Island. PPL is dedicated to delivering reliable energy services while maintaining a strong commitment to customer satisfaction, consistently earning high rankings in service quality. The company emphasizes stable earnings and a secure dividend, appealing to investors looking for low-risk opportunities. Furthermore, PPL actively contributes to the communities it serves through job creation initiatives, charitable donations, and encouraging employee volunteerism, thereby enhancing the quality of life in those areas.
Alstom is a prominent global player in the fields of power generation, power transmission, and rail infrastructure, recognized for its commitment to innovative and environmentally friendly technologies. The company specializes in developing and marketing systems, equipment, and services for the railway transport sector, including rolling stock, maintenance, modernization services, signaling, and infrastructure. These offerings can be provided separately, bundled, or as fully integrated solutions. Alstom is known for constructing the fastest trains and the highest capacity automated metros globally. Additionally, the company delivers turnkey integrated power plant solutions and associated services across various energy sources such as hydro, nuclear, gas, coal, and wind, with a strong emphasis on smart grid technologies for power transmission. With a workforce of approximately 92,000 employees, Alstom operates in around 100 countries, maintaining a significant presence, particularly in European markets.