2015 BENTLEY INFRASTRUCTURE 500
Transcript of 2015 BENTLEY INFRASTRUCTURE 500
2015 BENTLEY INFRASTRUCTURE 500
TOP OWNERS RANKING
ABOUT BENTLEY SYSTEMS
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*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM1
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
1 UNITED STATES GOVERNMENT United States 375,400
2 EXXON MOBIL CORPORATION United States 252,668
3 PETROLEO BRASILEIRO (PETROBRAS) Brazil 218,779
4 GAZPROM Russia 193,073
5 ROYAL DUTCH SHELL Netherlands 192,472
6 CHINA NATIONAL PETROLEUM CORPORATION China 190,424
7 HIGHWAYS ENGLAND (formerly HIGHWAYS AGENCY) United Kingdom 185,875
8 CHEVRON CORPORATION United States 183,173
9 ÉLECTRICITÉ DE FRANCE France 154,798
10 PETRÓLEOS DE VENEZUELA Venezuela 137,172
11 BP United Kingdom 125,806
12 STATE OF CALIFORNIA United States 125,125
13 KOREA ELECTRIC POWER CORPORATION South Korea 122,999
14 KINGDOM OF THE NETHERLANDS Netherlands 119,957
15 PETRÓLEOS MEXICANOS (PEMEX) Mexico 119,922
16 WAL-MART STORES United States 116,655
17 AT&T United States 112,898
18 STATE OF TEXAS United States 112,851
19 CHINA MOBILE China 107,556
20 BHP BILLITON Australia 107,428
21 TOTAL France 106,876
22 COMMONWEALTH OF AUSTRALIA Australia 101,132
23 ROSNEFT Russia 100,714
24 STATE OF NEW YORK United States 100,441
25 CHINA PETROCHEMICAL CORPORATION China 93,292
2015 Bentley Infrastructure 500Top Owners Ranking
The Bentley Infrastructure 500 is a ranking of the top owners of infrastructure around the world from both the public and private sectors that is published annually. The rankings make it possible to readily compare investment levels across types of infrastructure, regions of the world, and public and private organizations.
Bentley Systems has compiled the Bentley Infrastructure 500 to help global constituents appreciate and explore the magnitude of investment in infrastructure and the potential to continually increase the return on that investment. The BI 500 ’s value, at over USD$16.2 trillion, is close to the 2014 GDP of the U.S. and exceeds the combined 2014 GDPs of China and Japan. Bentley is committed to increasing infrastructure investment returns through BIM advancements that enhance project delivery and asset performance.
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM2
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
26 VERIZON COMMUNICATIONS United States 89,947
27 ENEL Italy 88,737
28 ENI Italy 87,369
29 NETWORK RAIL United Kingdom 84,025
30 U.K. MINISTRY OF DEFENCE United Kingdom 81,868
31 NIPPON TELEGRAPH AND TELEPHONE Japan 81,604
32 LUKOIL Russia 81,467
33 REPUBLIC OF SOUTH AFRICA South Africa 81,025
34 VALE Brazil 78,122
35 GDF SUEZ France 77,579
36 STATE OF FLORIDA United States 77,447
37 STATOIL Norway 75,653
38 CONOCOPHILLIPS United States 75,444
39 CNOOC China 75,042
40 THE TOKYO ELECTRIC POWER COMPANY Japan 74,685
41 TOYOTA MOTOR CORPORATION Japan 74,296
42 SAMSUNG ELECTRONICS COMPANY South Korea 73,568
43 SAUDI ELECTRICITY COMPANY Saudi Arabia 73,125
44 CHINA UNITED NETWORK COMMUNICATIONS China 71,308
45 QATAR PETROLEUM Qatar 71,206
46 TRANSPORT FOR NSW Australia 70,568
47 GLENCORE Switzerland 70,110
48 DUKE ENERGY CORPORATION United States 70,046
49 CHINA TELECOM CORPORATION China 69,629
50 PROVINCE OF ONTARIO Canada 69,169
51 RIO TINTO Australia 68,693
52 DAIMLER Germany 68,271
53 COMISIÓN FEDERAL DE ELECTRICIDAD Mexico 67,812
54 IBERDROLA Spain 66,906
55 GENERAL ELECTRIC COMPANY United States 66,246
56 PETROLIAM NASIONAL BERHAD (PETRONAS) Malaysia 63,819
57 U.S. DEPARTMENT OF THE ARMY United States 60,110
58 NATIONAL GRID United Kingdom 59,818
59 GOVERNMENT OF SWITZERLAND Switzerland 56,613
60 CHINA SHENHUA ENERGY COMPANY China 56,555
61 VOLKSWAGEN Germany 56,054
62 BURLINGTON NORTHERN SANTA FE CORPORATION United States 55,806
63 NEXTERA ENERGY United States 55,705
64 TEMASEK HOLDINGS Singapore 55,484
65 CITY OF NEW YORK United States 54,953
66 SOUTHERN COMPANY United States 54,868
67 RUSSIAN RAILWAYS Russia 52,652
68 EXELON CORPORATION United States 52,087
69 SUNCOR ENERGY Canada 51,556
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM3
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
70 NEW YORK METROPOLITAN TRANSPORTATION AUTHORITY United States 51,429
71 EAST JAPAN RAILWAY COMPANY Japan 50,695
72 FERROVIE DELLO STATO ITALIANE Italy 50,661
73 E.ON Germany 50,110
74 TAIWAN POWER COMPANY Taiwan 48,918
75 DEUTSCHE TELEKOM Germany 48,098
76 APACHE CORPORATION United States 48,076
77 DEUTSCHE BAHN Germany 47,739
78 GOVERNMENT OF HONG KONG China 47,337
79 HYDRO-QUEBEC Canada 46,940
80 ARCELORMITTAL Luxembourg 46,593
81 GOVERNMENT OF CANADA Canada 46,526
82 ENBRIDGE Canada 46,409
83 STATE OF NORTH CAROLINA United States 45,635
84 FREEPORT-MCMORAN United States 45,494
85 CHINA THREE GORGES CORPORATION China 45,439
86 TRANSPORT FOR LONDON United Kingdom 45,380
87 CANADIAN NATURAL RESOURCES Canada 45,245
88 SAUDI BASIC INDUSTRIES CORPORATION Saudi Arabia 44,538
89 AMERICAN ELECTRIC POWER COMPANY United States 44,117
90 PG&E United States 44,054
91 DEPARTMENT FOR REGIONAL DEVELOPMENT United Kingdom 43,364
92 THE KANSAI ELECTRIC POWER COMPANY Japan 42,713
93 QUEENSLAND DEPARTMENT OF TRANSPORT AND MAIN ROADS Australia 42,422
94 NISSAN MOTOR COMPANY Japan 42,340
95 ANADARKO PETROLEUM United States 41,589
96 U.S. DEPARTMENT OF THE AIR FORCE United States 41,287
97 TELEFONICA Spain 40,482
98 AMERICA MOVIL Mexico 40,467
99 DATANG INTERNATIONAL POWER GENERATION COMPANY China 40,463
100 UNION PACIFIC CORPORATION United States 40,011
101 GOUVERNEMENT DU QUÉBEC Canada 39,972
102 OCCIDENTAL PETROLEUM CORPORATION United States 39,730
103 UNIBAIL-RODAMCO France 39,549
104 TRAFIKVERKET Sweden 39,540
105 VODAFONE GROUP United Kingdom 39,372
106 STATE OF WASHINGTON United States 39,225
107 KINDER MORGAN United States 38,564
108 ANGLO AMERICAN United Kingdom 38,475
109 A. HAK MATERIEEL Netherlands 38,019
110 RWE Germany 37,709
111 DEVON ENERGY CORPORATION United States 36,296
112 DOMINION RESOURCES United States 36,270
113 JOHN SWIRE & SONS United Kingdom 36,050
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM4
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
114 TRANSCANADA CORPORATION Canada 36,015
115 INDIAN RAILWAYS India 35,973
116 KUWAIT PETROLEUM CORPORATION Kuwait 35,790
117 FIRSTENERGY CORPORATION United States 35,783
118 CENTRAL JAPAN RAILWAY COMPANY Japan 35,655
119 VATTENFALL Sweden 35,068
120 BROOKFIELD ASSET MANAGEMENT Canada 35,063
121 SOFTBANK Japan 34,869
122 GENERAL MOTORS COMPANY United States 34,803
123 PPL United States 34,597
124 COMMONWEALTH OF PENNSYLVANIA United States 34,364
125 EMPRESA COLOMBIANA DE PETROLEOS (ECOPETROL) Colombia 34,291
126 CITY OF LOS ANGELES United States 34,052
127 U.S. DEPARTMENT OF THE NAVY United States 33,678
128 GD POWER DEVELOPMENT COMPANY China 33,527
129 INTEL CORPORATION United States 33,238
130 EXOR Italy 33,151
131 CHUBU ELECTRIC POWER COMPANY Japan 33,016
132 EDISON INTERNATIONAL United States 32,981
133 INTERNATIONAL LEASE FINANCE CORPORATION United States 32,453
134 GOVERNMENT OF ALBERTA Canada 32,451
135 CHESAPEAKE ENERGY CORPORATION United States 32,422
136 FIAT CHRYSLER AUTOMOBILES N.V. Netherlands 32,062
137 STATE OF MISSOURI United States 32,053
138 POSCO South Korea 31,933
139 JARDINE MATHESON HOLDINGS Bermuda 31,907
140 TESCO United Kingdom 31,537
141 OIL & NATURAL GAS CORPORATION India 31,461
142 ESKOM HOLDINGS South Africa 31,246
143 RELIANCE INDUSTRIES India 31,147
144 INDUSTRIAL & COMMERCIAL BANK OF CHINA (ICBC) China 31,120
145 COMCAST CORPORATION United States 30,953
146 SK HOLDINGS South Korea 30,940
147 HUANENG POWER INTERNATIONAL China 30,690
148 GUP MOSKOVSKII METROPOLITEN Russia 30,659
149 FEDERAL GOVERNMENT OF THE UNITED STATES OF MEXICO Mexico 30,612
150 TENNESSEE VALLEY AUTHORITY United States 30,350
151 STATE OF GEORGIA United States 30,338
152 TRANSNEFT Russia 30,331
153 FORD MOTOR COMPANY United States 30,126
154 ENTERPRISE PRODUCTS PARTNERS United States 29,882
155 CONSOLIDATED EDISON United States 29,827
156 MAIN ROADS WESTERN AUSTRALIA Australia 29,779
157 ENERGY TRANSFER PARTNERS United States 29,743
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM5
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
158 U.S. ARMY CORPS OF ENGINEERS United States 29,551
159 PROVINCE OF BRITISH COLUMBIA Canada 29,527
160 GRUPO SANTANDER Spain 29,486
161 EOG RESOURCES United States 29,173
162 MARATHON OIL CORPORATION United States 29,040
163 ANAS Italy 29,007
164 ENTERGY CORPORATION United States 28,937
165 GAS NATURAL SDG Spain 28,847
166 XCEL ENERGY United States 28,757
167 BASF Germany 28,526
168 NESTLE Switzerland 28,399
169 ORANGE France 28,306
170 SCHWEIZERISCHE BUNDESBAHNEN Switzerland 28,144
171 WILLIAMS COMPANIES United States 28,081
172 COMMONWEALTH OF VIRGINIA United States 28,067
173 MITSUBISHI ESTATE Japan 27,858
174 U.S. GENERAL SERVICES ADMINISTRATION United States 27,728
175 AUSTRALIAN DEFENCE FORCE Australia 27,710
176 HUSKY ENERGY Canada 27,577
177 HESS CORPORATION United States 27,517
178 STATE OF TENNESSEE United States 27,515
179 HONDA MOTOR COMPANY Japan 27,403
180 STATE OF WISCONSIN United States 27,392
181 KYUSHU ELECTRIC POWER COMPANY Japan 27,376
182 UNIVERSITY OF CALIFORNIA United States 27,361
183 LAND HESSEN Germany 26,861
184 VALERO ENERGY CORPORATION United States 26,735
185 SOCIETE NATIONALE DE L'ELECTRICITE ET DU GAZ Algeria 26,715
186 STATE OF MARYLAND United States 26,365
187 TENAGA NASIONAL BERHAD Malaysia 26,256
188 U.S. DEPARTMENT OF ENERGY United States 26,205
189 STATE OF ARIZONA United States 26,117
190 STATE OF OHIO United States 25,975
191 TARGET CORPORATION United States 25,958
192 SEMPRA ENERGY United States 25,902
193 TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY Taiwan 25,823
194 PORT AUTHORITY OF NEW YORK & NEW JERSEY United States 25,701
195 TOHOKU ELECTRIC POWER COMPANY Japan 25,570
196 STATE OF NEW JERSEY United States 25,532
197 ÖBB-HOLDING Austria 25,202
198 AES CORPORATION United States 25,151
199 EDP – ENERGIAS DE PORTUGAL Portugal 24,917
200 IDGC HOLDING Russia 24,818
201 CARGILL United States 24,626
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM6
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
202 SDIC POWER HOLDINGS China 24,589
203 DUBAI ELECTRICITY AND WATER AUTHORITY United Arab Emirates 24,580
204 MCDONALD'S CORPORATION United States 24,558
205 CHINA CONSTRUCTION BANK China 24,415
206 SUMITOMO REALTY & DEVELOPMENT Japan 24,339
207 AGRICULTURAL BANK OF CHINA China 24,199
208 NTPC India 24,120
209 HUADIAN POWER INTERNATIONAL CORPORATION China 23,984
210 GOOGLE United States 23,883
211 LIBERTY GLOBAL United States 23,841
212 PUBLIC SERVICE ENTERPRISE GROUP United States 23,589
213 HUTCHISON WHAMPOA China 23,435
214 WALT DISNEY COMPANY United States 23,332
215 COMMONWEALTH OF KENTUCKY United States 23,135
216 TECK RESOURCES Canada 23,011
217 CSX United States 23,002
218 INGKA HOLDING Netherlands 22,844
219 HOME DEPOT United States 22,720
220 MITSUI FUDOSAN Japan 22,659
221 STATE OF MICHIGAN United States 22,541
222 OMV Austria 22,460
223 SIMON PROPERTY GROUP United States 22,368
224 NRG ENERGY United States 22,367
225 SPECTRA ENERGY United States 22,307
226 UNITED STATES DEPARTMENT OF VETERANS AFFAIRS United States 22,283
227 EQUITY RESIDENTIAL United States 22,243
228 STATE GRID CORPORATION OF CHINA China 22,231
229 TIAA REAL ESTATE ACCOUNT United States 22,168
230 UNITED STATES DEPARTMENT OF THE INTERIOR United States 22,161
231 JAPAN POST GROUP Japan 22,138
232 KAZMUNAYGAZ Kazakhstan 22,119
233 CITY OF CHICAGO United States 22,103
234 CITIC PACIFIC China 21,860
235 PTT Thailand 21,853
236 HEALTH CARE REIT United States 21,787
237 ABU DHABI NATIONAL ENERGY COMPANY United Arab Emirates 21,736
238 NORFOLK SOUTHERN CORPORATION United States 21,711
239 HOLCIM Switzerland 21,646
240 NIPPON STEEL & SUMITOMO METAL CORPORATION Japan 21,629
241 TRANSOCEAN Switzerland 21,538
242 STATE OF ILLINOIS United States 21,490
243 JX HOLDINGS Japan 21,277
244 SOCIETE GENERALE France 21,201
245 CORPORACION NACIONAL DEL COBRE (CODELCO) Chile 21,151
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM7
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
246 CANADIAN NATIONAL RAILWAY COMPANY Canada 21,138
247 MINISTERIO DE MINAS Y ENERGIA Colombia 21,130
248 ROSATOM Russia 21,129
249 PRORAIL Netherlands 21,124
250 BAYERISCHE MOTOREN WERKE AG Germany 20,861
251 REPSOL Spain 20,796
252 U.S. DEPARTMENT OF HOMELAND SECURITY United States 20,783
253 STATE OF ALABAMA United States 20,751
254 GENERAL GROWTH PROPERTIES United States 20,696
255 AEON Japan 20,625
256 APPLE United States 20,624
257 HYUNDAI MOTOR COMPANY South Korea 20,598
258 HITACHI Japan 20,585
259 KOREA GAS CORPORATION South Korea 20,495
260 CHINA COAL ENERGY COMPANY China 20,421
261 BNP PARIBAS France 20,274
262 PROCTER & GAMBLE COMPANY United States 20,268
263 ANHEUSER-BUSCH Belgium 20,263
264 LOWE'S COMPANIES United States 20,034
265 BT GROUP United Kingdom 19,987
266 MITSUBISHI CORPORATION Japan 19,949
267 CHINA NATIONAL BUILDING MATERIAL COMPANY China 19,857
268 AIRBUS GROUP Netherlands 19,815
269 SURGUTNEFTEGAS Russia 19,774
270 SPRINT COMMUNICATIONS United States 19,721
271 PROLOGIS United States 19,399
272 BARRICK GOLD CORPORATION Canada 19,193
273 CHUGOKU ELECTRIC POWER Japan 19,176
274 LIDL STIFTUNG & COMPANY Germany 19,166
275 LOS ANGELES COUNTY United States 19,093
276 VENTAS United States 18,986
277 CHINA RESOURCES POWER HOLDINGS COMPANY China 18,942
278 STATE OF COLORADO United States 18,779
279 PACIFICORP United States 18,719
280 INFRABEL Belgium 18,714
281 SNAM Italy 18,696
282 TELSTRA CORPORATION Australia 18,691
283 CEZ Czech Republic 18,680
284 MITSUI & CO Japan 18,678
285 NORTHEAST UTILITIES United States 18,647
286 KEMBLE WATER HOLDINGS United Kingdom 18,577
287 CENTURYLINK United States 18,433
288 AEROPUERTOS ESPAÑOLES Y NAVEGACIÓN AÉREA Spain 18,419
289 BCE Canada 18,387
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM8
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
290 YPF Argentina 18,358
291 UNITED PARCEL SERVICE United States 18,281
292 NOBLE ENERGY United States 18,143
293 COUNTY OF MIAMI-DADE United States 18,102
294 FGP TOPCO United Kingdom 18,060
295 DOW CHEMICAL COMPANY United States 18,051
296 WEST JAPAN RAILWAY COMPANY Japan 18,019
297 ENCANA CORPORATION Canada 18,015
298 KDDI CORPORATION Japan 17,966
299 VEDANTA RESOURCES United Kingdom 17,927
300 KROGER COMPANY United States 17,912
301 EL CORTE INGLES Spain 17,875
302 HEBEI IRON & STEEL China 17,795
303 HYUNDAI STEEL COMPANY South Korea 17,736
304 L'AIR LIQUIDE France 17,670
305 FORTESCUE METAL GROUP Australia 17,660
306 WOODSIDE PETROLEUM Australia 17,613
307 POWER GRID CORPORATION OF INDIA India 17,570
308 INTERNATIONAL PETROLEUM INVESTMENT COMPANY United Arab Emirates 17,515
309 ITAIPU BINACIONAL Paraguay 17,470
310 SAUDI ARABIAN MINING COMPANY Saudi Arabia 17,448
311 BAOSHAN IRON & STEEL COMPANY China 17,432
312 AMEREN CORPORATION United States 17,424
313 ROCHE HOLDING Switzerland 17,384
314 PHILLIPS 66 United States 17,346
315 MEXICO CITY TRANSIT Mexico 17,291
316 PEPSICO United States 17,244
317 SEADRILL Bermuda 17,221
318 CITY OF TORONTO Canada 17,158
319 STATE OF UTAH United States 17,143
320 INDIAN OIL CORPORATION India 17,095
321 CHINA SOUTHERN AIRLINES COMPANY LIMITED China 16,836
322 DTE ENERGY United States 16,820
323 BRISBANE CITY COUNCIL Australia 16,796
324 NIPPON LIFE INSURANCE COMPANY Japan 16,794
325 SSE United Kingdom 16,729
326 LAS VEGAS SANDS CORPORATION United States 16,726
327 ENBW – ENERGIE BADEN-WÜRTTEMBERG Germany 16,611
328 CATERPILLAR United States 16,577
329 PUBLIC POWER CORPORATION Greece 16,552
330 CLP HOLDINGS China 16,522
331 ALCOA United States 16,426
332 UNITED STATES POSTAL SERVICE United States 16,338
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM9
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
333 STATE OF CONNECTICUT United States 16,321
334 STATE OF OREGON United States 16,286
335 STATE OF MINNESOTA United States 16,271
336 GOLDCORP Canada 16,268
337 MARATHON PETROLEUM CORPORATION United States 16,261
338 TELECOM ITALIA Italy 16,253
339 THE ISRAEL ELECTRIC CORPORATION Israel 16,243
340 ELECTRIC POWER DEVELOPMENT COMPANY Japan 16,193
341 JOHNSON & JOHNSON United States 16,126
342 CITY OF HOUSTON United States 16,083
343 NISOURCE United States 16,017
344 CENOVUS ENERGY Canada 16,004
345 TIME WARNER CABLE United States 15,990
346 NOVARTIS Switzerland 15,983
347 RESEAU FERRE DE FRANCE France 15,817
348 SEVEN & I HOLDINGS Japan 15,738
349 ENBRIDGE ENERGY PARTNERS United States 15,693
350 BOSTON PROPERTIES United States 15,689
351 STATE OF LOUISIANA United States 15,674
352 LOEWS CORPORATION United States 15,611
353 HENDERSON LAND DEVELOPMENT COMPANY Hong Kong 15,446
354 COMPAGNIE DE SAINT-GOBAIN France 15,367
355 FORTIS Canada 15,360
356 CGN POWER CO., LTD. China 15,355
357 SASOL South Africa 15,352
358 SANTOS Australia 15,329
359 STATE OF SOUTH CAROLINA United States 15,276
360 STATE OF MISSISSIPPI United States 15,266
361 BANK OF CHINA China 15,217
362 ALUMINUM CORPORATION OF CHINA China 15,216
363 JPMORGAN CHASE United States 15,133
364 CIT GROUP United States 15,057
365 HYDRO ONE Canada 15,002
366 STATE OF INDIANA United States 14,983
367 KT CORPORATION South Korea 14,981
368 HERTZ GLOBAL HOLDINGS United States 14,975
369 AVALONBAY COMMUNITIES United States 14,936
370 CARREFOUR France 14,899
371 J SAINSBURY United Kingdom 14,886
372 COSTCO WHOLESALE CORPORATION United States 14,830
373 LINDE Germany 14,753
374 MICROSOFT CORPORATION United States 14,731
375 FIRST QUANTUM MINERALS Canada 14,719
376 TRANSNET South Africa 14,708
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM10
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
377 LOS ANGELES UNIFIED SCHOOL DISTRICT United States 14,668
378 ROBERT BOSCH Germany 14,639
379 COCA-COLA COMPANY United States 14,633
380 LAFARGE France 14,632
381 HYUNDAI HEAVY INDUSTRIES South Korea 14,609
382 SCHLUMBERGER Netherlands 14,547
383 AUSTRALIAN CAPITAL TERRITORY GOVERNMENT Australia 14,498
384 STATE OF ARKANSAS United States 14,461
385 MGM RESORTS INTERNATIONAL United States 14,442
386 LOTTE SHOPPING South Korea 14,440
387 CHRISTIAN DIOR France 14,439
388 CHINA LONGYUAN POWER GROUP CORPORATION China 14,388
389 UNITED UTILITIES GROUP United Kingdom 14,380
390 HCA HOLDINGS United States 14,355
391 HOUSING AND DEVELOPMENT BOARD Singapore 14,303
392 FEDERALNAYA SETEVAYA KOMPANIYA EDINOI ENERGETICHESKOI SISTEMY Russia 14,132
393 GLAXOSMITHKLINE United Kingdom 14,128
394 PGE POLSKA GRUPA ENERGETYCZNA Poland 14,096
395 HANKYU HANSHIN HOLDINGS Japan 14,043
396 DONG ENERGY Denmark 14,034
397 CHINA STEEL CORPORATION China 14,024
398 CITY OF SAN FRANCISCO United States 13,997
399 KOREA RAILROAD South Korea 13,899
400 BAYER Germany 13,875
401 CEMEX Mexico 13,788
402 SPARKASSEN-FINANZGRUPPE Germany 13,785
403 LINN ENERGY United States 13,726
404 SOUTHWESTERN ENERGY CO United States 13,712
405 VORNADO REALTY TRUST United States 13,661
406 NEWMONT MINING CORPORATION United States 13,650
407 HELLENIC RAILWAYS ORGANIZATION Greece 13,619
408 FORTUM Finland 13,592
409 GROUPE AUCHAN France 13,543
410 MTR CORPORATION China 13,536
411 JFE HOLDINGS Japan 13,477
412 CAESARS ENTERTAINMENT CORPORATION United States 13,456
413 FINANCIERE AGACHE France 13,401
414 E. I. DU PONT DE NEMOURS AND COMPANY United States 13,386
415 STATKRAFT Norway 13,351
416 MURPHY OIL CORPORATION United States 13,331
417 FEDERAL AVIATION ADMINISTRATION United States 13,324
418 ANTARCHILE Chile 13,293
419 INTERNATIONAL PAPER COMPANY United States 13,235
420 PLAINS GP HOLDINGS LP United States 13,222
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM11
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
421 CALPINE CORPORATION United States 13,190
422 MERCK & COMPANY United States 13,136
423 PEUGEOT France 13,135
424 RENAULT France 13,113
425 TERNA Italy 13,086
426 ATCO Canada 13,033
427 AMERICAN WATER WORKS COMPANY United States 13,029
428 CPC CORPORATION Taiwan 12,986
429 STATE OF KANSAS United States 12,943
430 GRUPO MEXICO, S.A.B. DE C.V. Mexico 12,918
431 ADANI ENTERPRISES India 12,896
432 STATE OF IOWA United States 12,881
433 A.P. MOLLER - MAERSK A/S Denmark 12,820
434 SK HYNIX South Korea 12,817
435 BRIDGESTONE CORPORATION Japan 12,800
436 CORNING INC United States 12,766
437 CMS ENERGY CORPORATION United States 12,739
438 UNILEVER GROUP Netherlands 12,714
439 POTASH CORPORATION OF SASKATCHEWAN Canada 12,674
440 MIGROS-GENOSSENSCHAFTS-BUND Switzerland 12,663
441 SANOFI France 12,622
442 METRO Germany 12,614
443 LVMH MOET HENNESSY - LOUIS VUITTON France 12,611
444 KOREA NATIONAL OIL CORPORATION South Korea 12,573
445 ENSCO United Kingdom 12,535
446 HALLIBURTON COMPANY United States 12,475
447 MITSUBISHI CHEMICAL HOLDINGS CORPORATION Japan 12,473
448 TOKYU CORPORATION Japan 12,464
449 LLOYDS BANKING GROUP United Kingdom 12,405
450 ENERGY FUTURE HOLDINGS United States 12,397
451 SCANA CORPORATION United States 12,306
452 CRESCENT POINT ENERGY CORP. Canada 12,286
453 STICHTING YMERE Netherlands 12,281
454 PLAINS ALL AMERICAN PIPELINE LP United States 12,272
455 WALGREEN COMPANY United States 12,257
456 COMPAGNIE GÉNÉRALE DES ETABLISSEMENTS MICHELIN France 12,239
457 FEDERAL HYDROGENERATION COMPANY Russia 12,197
458 SL GREEN REALTY CORP United States 12,164
459 WHITING PETROLEUM CORPORATION United States 12,143
460 SIEMENS Germany 12,127
461 NOBLE CORPORATION Switzerland 12,113
462 ESB GROUP Ireland 12,045
463 EMIRATES TELECOMMUNICATIONS CORPORATION United Arab Emirates 12,043
464 PRAXAIR United States 11,997
*As measured by reported net tangible fixed assets.WWW.BENTLEY.COM12
Rank Company Name Headquarters Country Infrastructure Value* (millions USD)
465 TATA STEEL India 11,976
466 VASAKRONAN HOLDING Sweden 11,884
467 WIENER STADTWERKE HOLDING AG Austria 11,868
468 VIMPELCOM Netherlands 11,849
469 STICHTING DE GOEDE WONING Netherlands 11,830
470 KANSAI INTERNATIONAL AIRPORT LAND COMPANY Japan 11,829
471 CITY OF CHARLOTTE United States 11,816
472 HOKKAIDO ELECTRIC POWER COMPANY Japan 11,793
473 PIONEER NATURAL RESOURCES CO United States 11,781
474 PFIZER United States 11,762
475 CITY OF PHOENIX United States 11,755
476 FINATIS France 11,752
477 CENTRAIS ELETRICAS BRASILEIRAS –(ELETROBRAS) Brazil 11,737
478 STOCKHOLMS STADSHUS Sweden 11,665
479 ONEOK United States 11,662
480 STATE OF HAWAII United States 11,651
481 BOE TECHNOLOGY GROUP CO., LTD. China 11,647
482 PUBLIC SERVICE COMPANY OF COLORADO United States 11,627
483 KINTETSU CORPORATION Japan 11,597
484 TENNET HOLDING B.V. Netherlands 11,569
485 HEIDELBERGCEMENT Germany 11,526
486 VERBUND Austria 11,457
487 PANASONIC CORPORATION Japan 11,446
488 MARUBENI CORPORATION Japan 11,425
489 JAPAN NUCLEAR FUEL Japan 11,398
490 HEWLETT-PACKARD COMPANY United States 11,340
491 HON HAI PRECISION INDUSTRY COMPANY Taiwan 11,326
492 REGIE AUTONOME DES TRANSPORTS PARISIENS France 11,268
493 WISCONSIN ENERGY CORP United States 11,258
494 WATER CORPORATION OF WESTERN AUSTRALIA Australia 11,210
495 VOLVO Sweden 11,168
496 HRVATSKE CESTE Croatia 11,157
497 SVENSKA CELLULOSA AB SCA Sweden 11,120
498 PINNACLE WEST CAPITAL CORP United States 11,075
499 MACERICH CO United States 11,068
500 ORIGIN ENERGY Australia 11,061
Disclaimer: These rankings are based on information available to us concerning the tangible fixed assets of each entity. They incorporate discretionary judgments and are necessarily inexact for a number of reasons, including that information publicly available may not be up to date, information is not equally available concerning every entity, values must be converted from different currencies, and in some cases estimated non-infrastructure values must be deducted from overall asset figures to approximate the value of tangible fixed assets. Bentley Systems, Incorporated expressly disclaims all representations and warranties as to the accuracy of the information or its suitability for any purpose. Please visit www.bentley.com/BI500 if you wish to provide new or updated information about your organization for consideration in the 2016 edition of the Bentley Infrastructure 500.
Top Owners’ Infrastructure Value by Country
Top Owners’ Infrastructure Value by Sector
Top Owners (Count) by Country
Top Owners (Count) by Sector
ABOUT THE BENTLEY INFRASTRUCTURE 500
Additional footnotes:• Data sources for this ranking include financial
statements and third-party data providers.
• All values have been translated into U.S. dollars (millions).
• Majority-owned subsidiaries with parents already in the rankings have been excluded (unless explicitly reporting separate financials).
The Bentley Infrastructure 500 is updated annually. Please visit www.bentley.com/BI500 if you wish to provide new or updated information about your organization for consideration in the 2016 edition of the Bentley Infrastructure 500.
The Bentley Infrastructure 500 ranks owners according to
their reported tangible fixed assets (or other comparable
noncurrent physical assets such as buildings or fixed
structures, land, and machinery). Included in the rankings
are public- and private-sector entities with financials
reported in the past three years (to allow flexibility in varying
reporting schedules). The values presented are assessed
net of depreciation and amortization and calculated to
exclude, where data is available, assets not representative of
infrastructure, such as equipment, furniture, and software.
United States
ChinaJapan
United Kingdom
Canada
France
Russia
Australia
Netherlands
Germany
South KoreaItaly
Brazil
MexicoSwitzerland
Private65%
Public35%
United States
JapanChinaCanada
France
United Kingdom
Germany
Australia
South Korea
NetherlandsRussia
SwitzerlandIndia
Private70%
Public30%
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