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Fortum Oyj is an energy company headquartered in Espoo, Finland. It primarily focuses on the generation, distribution, and sale of electricity and heat, with a significant presence in the Nordic and Baltic countries, Poland, and Russia. The company operates through segments such as Generation, City Solutions, Consumer Solutions, and Russia, providing a diverse range of energy products and services including hydroelectric, nuclear, and renewable energy solutions. Founded in 1998 through the merger of two major Finnish energy companies, Fortum has leveraged its expertise in clean energy and energy efficiency. The company is strategically positioned to benefit from the global shift towards sustainable energy practices.

Iberdrola SA, operating under the ticker IBE, is a multinational electric utility company primarily engaged in the production, distribution, and trading of electricity. The company operates across various sectors including renewable energy, networks, and liberalized markets, focusing on sustainable energy projects. Founded in 1992 and headquartered in Bilbao, Spain, Iberdrola has grown to be a leader in renewable energy, advocating for cleaner energy solutions worldwide.