Tag: Saudi Electricity Company
Saudi Electricity Company issues $2.4bn international sukuk
The Saudi Electricity Company has issued of $2.4 billion in international sukuk, attracting strong global investor demand with peak orders exceeding $10.1 billion, that...
SEC completes new power transmission substation at Aramco Stadium
The Saudi Electricity Company (SEC) has announced the successful completion of a new power transmission substation at Aramco Stadium in Al-Khobar.
This key development underscores...
Saudi Electricity Company strikes strategic MoU with Indian NTPC
The Saudi Electricity Company (SEC) has signed a strategic memorandum of understanding (MoU) with NTPC Limited, the largest power company in India, to expand...
Riyadh to host Global Infrastructure Forum on September 15
Global Infrastructure Forum will be held on 15 September under the theme Scaling Ambition. Executing Vision. Enabling Growth, co-organized by the Global Infrastructure Expo...
Saudi Arabia strikes strategic energy sector deals with Syria
Saudi Arabian companies have signed an agreement and six Memoranda of Understanding (MoUs) with Syria’s Ministry of Energy during the Kingdom’s participation in the...
HiTHIUM to power Saudi’s 4GWh energy storage project
HiTHIUM, a leading global provider of energy storage solutions, has secured a major contract from the Saudi Electricity Company (SEC) to implement two battery...
Saudi Electricity Company inks $3.6bn financing agreement with 13 banks
The Saudi Electricity Company (SEC) has signed a landmark international syndicated financing agreement worth SAR13.5 billion ($3.6 billion) with 13 leading banks.
Participating banks comprises...
SEC, KAUST launch carbon capture research project at Rabigh Power Plant
The Saudi Electricity Company (SEC), in collaboration with King Abdullah University of Science and Technology (KAUST), has launched the world’s first-of-its-kind research project to...
