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Saudi Electricity Co (SEC) is an energy utility. Through its subsidiaries, the company generates, transmits and distributes electricity; and carries out operations of the fiber optic networks, trading and realization of renewable energy among others. It produces electricity in gas, combined, steam and diesel power units. SEC also builds independent power plants on a build, own and operate basis. The company distributes electricity customers in cities, villages and communities across Central, Eastern, Western and Southern sectors. It is owned by Public Investment Fund, Saudi Arabian Oil Company, and other shareholders. SEC is headquartered in Riyadh, Saudi Arabia.

Headquarters Saudi Arabia

Address Oasis Granada Tower A, P.O.Box 22955, Riyadh, 11416


Telephone 966 1 18077202

No of Employees 28,414

Industry Power

Ticker Symbol & Exchange 5110 (SAU)

Revenue (2021) $18.5B 5.6% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 118% (2021 vs 2020)

Market Cap* $25.5B

Net Profit Margin (2020) XXX 106.6% (2021 vs 2020)

* As of and is in US$

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410+

Tenders & Contracts

Easily identify the involved stakeholders, monetary value, opening and closing dates of tenders, and awarded contracts for Saudi Electricity Co.

250+

Transmission & Distribution

Access detailed information for each company project covering project owner location, voltage level, line length/substation capacity, type of circuit, expected year of commissioning, and more.

130+

Power Plants

Receive regular updates of upcoming projects for Saudi Electricity Co to keep you on top of all opportunities, with detailed information on each power plant.

8

Smart Grid

Tracks all upcoming smart grid projects across the globe. It provides detailed information about advanced grid & IT infrastructure, microgrid, automation and other smart infrastructure projects.

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Products and Services

Products Services
Product: Transmission and Distribution of Electricity
Electricity
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In March, the company awarded three orders worth US$62 million to Linxon to deliver expansion projects across the Kingdom of Saudi Arabia.
2022 Contracts/Agreements In January, the company ordered KEC International Ltd for 380 kV Transmission line.
2020 Contracts/Agreements In December, the company and Japan Bank for International Cooperation entered into a memorandum of understanding to help finance projects promoting the Kingdom’s energy sector.
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Competitor Comparison

Key Parameters Saudi Electricity Co Acwa Power Co Saudi Industrial Services Co Saudi Arabian Engineering Co. Ltd. Tihama Power Generation Co
Headquarters Saudi Arabia Saudi Arabia Saudi Arabia Saudi Arabia Saudi Arabia
City Riyadh Riyadh Jeddah - Al Khobar
No. of Employees 28,414 - - - -
Entity Type Public Public Public Private Private
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Key Financial Charts

Operating Margin
Operating Margin
EPS (Earnings per Share)
EPS (Earnings per Share)
Debt to Equity Ratio
Debt to Equity Ratio
Return on Assets
Return on Assets
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Executives
Name Position Board Since Age
Khaled bin Saleh Al Sultan Chairman Executive Board - -
Khaled bin Hamad Al-Gnoon Chief Executive Officer Senior Management - -
Mazin Bin Ali Al-Bahkali Executive Vice President - Strategic Planning & Business Development???? Senior Management - -
Monzer Bin Mahmoud Tayeb Senior Vice President - Corporate Communications & Marketing Senior Management - -
Peter John . Chambers General Auditor, Internal Auditing Senior Management - -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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