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 ...

Saudi Electricity loses SAR 1.9B after Mudaraba in 2024, SAR 7.5B in Q4 on non-recurring expenses 12 M 2024 Saudi Electricity earns SAR 5.6B after Mudaraba in 9M 2024; Q3 at SAR 4.7B 9 M 2024 SEC ...

The Saudi Electricity Company (SEC) has announced its financial results for 2024, reporting total operating revenues of SR88.7bn ($23.6bn), marking an 18 per cent increase from SR75.3bn ($20.1bn) in ...

Doosan Enerbility Co. said Thursday it has secured a 2.2 trillion-won (US$1.52 billion) contract to build two combined cycle ...

The Saudi Electricity Company (SEC) and ACWA Power have announced the signing of a Power Purchase Agreement (PPA) for the Qurayyah Independent Power Plant (IPP) Expansion Project with the Saudi ...

BYD Energy Storage has officially signed contracts with Saudi Electricity Company (SEC) to deliver 12.5 GWh in five BESS projects, marking the world’s largest grid-scale storage deployment to date.

In collaboration with Saudi Electricity Company (SEC), GE Vernova marked a milestone with the first-ever heavy-duty gas turbine outage planned and executed entirely by Saudi engineers at the 8th ...

State-owned utilities firm Saudi Electricity Co. (SEC) has priced its Regulation S senior unsecured USD dual-tranche sukuk amid strong demand. The five-year sukuk is priced at Treasuries + 85 basis ...

Saudi Electricity Co. (SEC) said its US dollar denominated senior unsecured sukuk offering under its international sukuk issuance program will run for two days, starting today, Feb. 11, according to a ...