Saudi Electric

SEC to privatise assets by end of 2016
Saudi Electricity Company plans to privatise its assets by the end of the year, its chairman said on Wednesday, part of a drive to increase efficiency in the Kingdom's utilities
SEC, Bahri to localise Saudi electricity sector
SEC is attempting to localise the electrical industry in Saudi Arabia and its related services - especially transportation and shipping - which is intended to enhance the company’s contribution to the economy
Saudi authorities review SEC break up plan
The review, being conducted by consultants and advisors to the government, could result in the original plan being retained or a new restructuring scheme put in place
SEC to refinance $1.14bn loan for gas power plant
The deal replaces financing taken out in 2010 for the Riyadh PP11 independent power project, which is 50 percent owned by SEC
SEC to power metro projects in Saudi Arabia
The project plans would be based on growth in demand by Riyadh Metro, Haramain Railway and those other projects in the Kingdom that are in need of electricity
SEC to borrow up to $1bn for power plant
Saudi Electricity Co will secure a loan of up to $1 billion to partly finance building a power plant, the utility said on the stock exchange on Tuesday.

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