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Saudi Electricity

Saudi Electricity posts solid H1 results; revenue hits $10bn

The Saudi Electricity Company (SEC) continued its strong financial performance in the first half and second quarter of the year with its revenues climbing 15.5% year-on-year to hit SAR38.2 billion ($10 billion), while its net profit for the pe

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Saudi Electricity posts solid H1 results; revenue hits $10bn

The Saudi Electricity Company (SEC) continued its strong financial performance in the first half and second quarter of the year with its revenues climbing 15.5% year-on-year to hit SAR38.2 billion ($10 billion), while its net profit for the pe

More…

Saudi Electricity secures $3bn financing for Taiba, Qassim projects

Saudi Electricity Company (SEC) has announced that it has successfully aligned financing for the Taiba 1 and Qassim 1 Independent Power Plant (IPP) projects, securing SAR11.4 billion ($3.04 billion) of non-recourse funding.  

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Saudi Electricity secures $3bn financing for Taiba, Qassim projects

Saudi Electricity Company (SEC) has announced that it has successfully aligned financing for the Taiba 1 and Qassim 1 Independent Power Plant (IPP) projects, securing SAR11.4 billion ($3.04 billion) of non-recourse funding.  

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Saudi Electricity raises $2.2bn from new sukuk offering

Saudi Electricity Company (SEC) has announced the successful completion of its offer of dual-tranche sukuk, which helped it raise a total of $2.2 billion. The offering included dual-tranche five- and 10-year sukuk, as a part of the SEC's i

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Saudi Electricity raises $2.2bn from new sukuk offering

Saudi Electricity Company (SEC) has announced the successful completion of its offer of dual-tranche sukuk, which helped it raise a total of $2.2 billion. The offering included dual-tranche five- and 10-year sukuk, as a part of the SEC's i

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SEC subsidiary to deliver electrical services to key phases of KAEC

Saudi Electricity Company (SEC) has, along with its key subsidiary National Electricity Transmission (NET), signed two agreements with Emaar, The Economic City (EEC), the main developer of King Abdullah Economic City (KAEC), for delivery of el

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SEC subsidiary to deliver electrical services to key phases of KAEC

Saudi Electricity Company (SEC) has, along with its key subsidiary National Electricity Transmission (NET), signed two agreements with Emaar, The Economic City (EEC), the main developer of King Abdullah Economic City (KAEC), for delivery of el

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Saudi Electricity launches new version of application

Saudi Electricity Company has launched its new application, Al Kahraba, which is mainly aimed at enhancing customer experience, improving operational efficiency as well as ensuring reliable performance.    T

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Saudi Electricity launches new version of application

Saudi Electricity Company has launched its new application, Al Kahraba, which is mainly aimed at enhancing customer experience, improving operational efficiency as well as ensuring reliable performance.    T

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