Saudi Electricity Company (SEC) is Saudi Arabia's leading generator and provider of electricity, with a regulated monopoly position for the transmission and distribution of electricity. SEC is indirectly owned by the Government of Saudi Arabia, in which the major shareholders are the Public Investment Fund (PIF) and Saudi Aramco, holding 74.3% and (6.9%) stake respectively.
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The company has not participated in any projects.
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ACWA Power Company announced the signing of a Power Purchase Agreement (PPA) with the Saudi Power Procurement Company (SPPC) for a large-scale Combined Cycle Gas Turbine (CCGT) Power Plant,...
Read moreSaudi Arabia has connected its 500 MW/2000 MWh Bisha battery energy storage system (BESS) facility in the southwestern province of Asir to the grid. The Bisha battery storage facility, owned by Saudi...
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