Saudi Electricity Company (SEC)

KSA's SEC raises $1.3bn in first green sukuk on international markets
Divided into two tranches of $650m (SAR2.438bn) each, this is the largest green sukuk issue
Saudi Electricity Company implements 8 projects worth $159m
The projects aim to keep pace with the growing energy demand from construction and development
Saudi Electricity Company completes maintenance work in Riyadh
SEC trained Saudi nationals to carry out the maintenance of networks, touted as one of
ACWA Power buys Samsung C&T's 4.99% stake in Hajr Electricity
The share purchase agreement let's ACWA Power buy the remaining 12.51% held by Samsung C&T
PICTURES: Saudi Electricity Company fights COVID-19
The SEC has deployed teams for rapid intervention, and inked deals with specialised firms to
Saudi Electricity Co, Egypt's EETC ink consulting services contract
Contract inked during EETC delegation's visit to a number of SEC's compensating stations for inactive
Saudi's SEC picks Mobily, Alfanar, CET for $2.5m metring project
Project covers installation and commissioning of 10 million smart metres, to be completed by 30
Saudi Arabian National Grid's electricity network spans 84,000km
Saudi Electricity Co subsidiary says 1,093 conversion stations are being used for 13,000 cities and

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Construction Week - Issue 767
Sep 01, 2020