By the end of 2025, the top 45 utilities incurred investments of USD82.7 billion. Among the selected utilities, Duke Energy recorded the highest investment at USD12,553 million, followed by Saudi Arabia’s SE at USD11,624 million and Xcel Energy at USD11,610 million. Figure 1: Share of the top 45 TSOs in capital expenditure (capex), 2019 and […]
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