Sector overhaul will create competitive market with division of Saudi Electricity Company business A new structure that will create a competitive market for electricity generation in Saudi Arabia ...

DUBAI - State-controlled Saudi Electricity Company said it will sign on Wednesday a 15.2-billion-riyal ($4.05 billion) Islamic syndicated loan provided by a group of local banks. The loan has a ...

The company’s robust financial profile and well-balanced capital structure, supported by favourable regulatory and financial reforms implemented in the electricity sector, optimally position it to ...

Saudi Electricity to receive $3bn funding to boost grid ... SHARE. FB TW MAIL LN. The Saudi Electricity Company (SEC) has signed a $3 billion international syndicated facility agreement with four ...

Diriyah and Wadi Safar electricity substations – combined contract value SAR 682 million ($181 million) – to be operated by Saudi Electricity Company. Additional cabling contracts announced ...

Saudi Electricity Co (SEC) , the Gulf’s largest utility firm, is looking for investment opportunities to offset financial pressures on its core electricity business, its chief executive said ...

LONDON/DUBAI, April 14 (Fitch) Fitch Ratings has downgraded Saudi Electricity Company's (SEC) Long-term Issuer Default Rating (IDR) and senior unsecured rating to 'A+' from 'AA-'. The Outlook on the ...

Banking sources estimate debts of the Saudi Electricity Company at $25.6 billion (SR 96 billion), reports Al-Hayat daily. The company acquired these debts after ten smaller Saudi electric plants ...

The agreements include an order from ENOWA’s engineering, procurement and construction management (EPCM) partner, the Saudi Electricity Company (SEC) awarded to Hitachi Energy and its consortium ...

State-controlled Saudi Electricity Co said it will sign on Wednesday a 15.2-billion-riyal ($4.05 billion) Islamic syndicated loan provided by a group of local banks.

Saudi Electricity Company , majority owned by the sovereign Public Investment Fund, is set to raise $2 billion from a sale of dual-tranche Islamic bonds, a bank document on the deal showed on Monday.