Saudi Electricity Co - Company Profile
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Saudi Electricity Co (SEC) generates, transmits and distributes electricity; and carries out other operations. A complementary business, strong market position and integrated business operations are its strengths, even as a working capital deficit could be a cause for concern. Whereas, the company could benefit from the growth initiatives taken by the company and renewable initiatives in the middle east and North Africa region. However, operational issues, transmission and distribution network safety and seasonal variations and climatic conditions could affect its operations.
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