sec

Saudi’s SEC raises $1.3bn from oversubscribed green sukuk
The high interest received from investors in the Middle East, Asia and Europe pushed the oversubscription rate to four times
Saud Electricity signs $2.4bn medium-term financing agreement with 7 banks
The 7-year financing was arranged and funded by the National Commercial Bank, Bank Albilad, Al-Rajhi Bank, Riyad Bank, Samba Financial Group, Banque Saudi Fransi and the Saudi British Bank
SEC Awards 5 Stars to Waad Al Shamal Power Plant Project for Environment, Health & Safety Standards
Waad Al Shamal becomes one of the Saudi power plants under construction awarded a 5-star rating for EHS performance by SEC
Saudi’s SEC presents proposal for $1.8bn projects
Saudi Electricity continues to work on a transformation of household power plants, as it concluded in December contracts for the implementation of the smart meters project
SEC to roll out smart meters in Saudi Arabia next month
SEC recently signed SAR 9.5 billion worth of contracts for the comprehensive project, with a plan to install ten million smart meters before the end of March 2021
SEC invests in GE’s Hot & Harsh R&D Center in Dammam
GE Power experts will share knowledge with SEC professionals to further enhance their skillsets in operating advanced equipment and conducting process optimization tests

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