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Saudi Electricity Company reports on foreign investment in Saudi market
April 20, 2017
Saudi Electricity Company (SEC) recently released a report that details how the Saudi market has attracted international companies and experts in the field of energy and the electric industry to implement investments and construct plants in the kingdom.
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Saudi Electricity Company to sponsor the National Olympiad for Scientific Creativity 2017
March 21, 2017
Saudi Electricity Company (SEC) recently announced that it is sponsoring the National Olympiad for Scientific Creativity (IBDAA) 2017, an event organized by King Abdulaziz and his Companions Foundation for Giftedness and Creativity (Mawhiba).
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Saudi Electricity Company to discus extending sukuk purchase dates
March 17, 2017
Saudi Electricity Company (SEC) recently announced that it is planning discussions with interested sukuk holders to extend their purchase dates.
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Saudi Electricity Company wins business award at Dubai forum
March 9, 2017
Saudi Electricity Company (SEC) recently won the best main businesses award for subscribers’ services in countries that belong to the Gulf Cooperation Council (GCC).
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Green Saudi Company for Carbon Services to focus on emission reduction
March 2, 2017
Saudi Electricity Company (SEC) recently announced a partnership and cooperation agreement with Petroleum, Chemicals & Mining Company Limited, a subsidiary of Saudi Binladen Group, to establish the Green Saudi Company for Carbon Services. The company will aim to develop and manage carbon emissions reduction programs and fight against environmental pollution.
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Saudi Electricity Company signs $900 million loan agreement to build power plant
June 6, 2016
Saudi Electricity Company (SEC) said a $900 million loan agreement with the Export-Import Bank of Korea (KEXIM) and other international banks will finance the construction of the new Shuqaiq power plant. The loan is guaranteed by KEXIM, but is funded by banks that include Deutsche Bank, Santander Bank and the Bank of Tokyo Mitsubishi UFJ for the life of the loan, 13.25 years.
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