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Jun 13, 2024 · Fact Sheet. SEC is the largest utility in the MENA region with a market capitalization of SAR 79.1 billion (31 December 2023: USD 21.1 billion) and is one of the largest companies listed on the Saudi Stock Exchange (Tadawul) by market size.
- SEC Staff
تقوم الشركة السعودية للكهرباء بدورٍ حيوي من خلال إمداد...
- SEC Staff
Jun 15, 2024 · Saudi Arabia's national electric utility company, the Saudi Electricity Company (SEC), has unveiled a significant expansion plan aimed at boosting the country's power generation capacity by 30 gigawatts (GW).
1 day ago · Riyadh, May 06, 2024, SPA -- Saudi Electricity Company (SEC) announced that it has successfully aligned financing for the Taiba 1 and Qassim 1 Independent Power Plant (IPP) projects, securing SAR 11.4 Billion (USD 3.04 Billion) of non-recourse financing.
5 days ago · The Saudi Electricity Company (SEC) has been given approval for a new regulated weighted average cost of capital (WACC) of 6.65% for the years 2024-2026. This is an increase from the previous WACC of 6% for the years 2021-2023.
4 days ago · Riyadh, October 08, 2023, SPA -- The Public Investment Fund (PIF) and Saudi Electricity Company (SEC) announced today the launch of the Electric Vehicle Infrastructure Company (the “Company”). PIF will own a 75% stake in the Company, while SEC will hold the remaining 25% stake.
1 day ago · Riyadh, February 07, 2024, SPA -- Saudi Electricity Company (SEC) issued a press release today announcing the completion of its offer of dual-tranche sukuk, which helped it raise a total of $2.2 billion.
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Jun 26, 2024 · Saudi Electricity Company (SEC) is a company that generates and distribution of electricity to governmental, industrial, agricultural and residential consumers. It operates electric and fiber optic networks to provide telecommunication services, etc.