State-owned utilities firm Saudi Electricity Co (SEC) (Aa3/A/A+ by Moody's/S&P/Fitch), has mandated banks to arrange a series ...

SEC is one of the region’s biggest utility companies, the main producer of electricity, and the sole owner of transmission and distribution networks throughout Saudi Arabia, serving around 11 million ...

The MoU with the SoftBank Vision Fund will see the development of a 3-GW solar energy capacity in 2018 ...

Saudi Electricity earns SAR 5.6B after Mudaraba in 9M 2024; Q3 at SAR 4.7B 9 M 2024 SEC profit after Mudaraba up 25% to SAR 870M in H1 2024; Q2 at SAR 2.15B 6 M 2024 Saudi Electricity cuts losses ...

The Saudi Electricity Company (SEC) signed a memorandum of understanding (MoU) with Hitachi Energy to adopt advanced technology for electrical switches and circuit breakers that are free from sulfur ...

The SERA Board of Directors instructed the Board of Directors of the Saudi Electricity Company to conduct an internal investigation into the incident to determine the root causes behind this outage an ...

The National Anti-Corruption Commission (Nazaha) has accused some officials and employees at the Saudi Electricity Company (SEC) in the Eastern Province of misusing public funds. Nazaha referred ...

Saudi Electricity Co. announced the full return of electricity service to subscribers affected by the outage in Jazan, Asir and Najran regions.

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The collaboration aims to accelerate EV adoption in Saudi Arabia by integrating EVIQ’s expertise in fast-charging ...