AUM: $308.6 Billion
CEO: Per Franzen
HQ: Stockholm, Sweden
What Changed: While EQT maintained a B grade, its energy portfolio shifted significantly since the 2024 scorecard analysis, mostly due to its acquisition of UK-based downstream operator Stratera Energy. As of July 2026, EQT, alongside BlackRock’s GIP, California Public Employees’ Retirement System (CalPERS), and the Qatar Investment Authority, was in the process of acquiring AES Corporation. AES is a global energy and utility company with a portfolio including over 20 power plants and electric utilities, including AES Indiana and AES Ohio.
