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Saudi Electricity Co second quarter net profit falls 17.3%
(Gulf News - 30/07/2018)

Saudi Electricity Co (SEC), the Gulf’s largest utility firm, reported a 17.3 per cent drop in second-quarter net profit on Sunday as revenues from electricity services fell and financing costs rose. The company, which the government is aiming to

SEC, GE stress on long-standing partnership
(Trade Arabia - 23/07/2018)

Saudi Electricity Company (SEC) and GE, in a statement, have stressed on the importance of their long-standing partnership for both the companies.<br/><br/> For almost 40 years, SEC and GE have partnered to advance the kingdom’s power generation sector,

Saudi Electricity Co in talks for international bond issue
(Gulf News - 19/07/2018)

Saudi Electricity Co has recently discussed with a group of international banks its plan to issue a US dollar-denominated bond, sources familiar with the matter said.<br/><br/> The state-controlled utility is looking to refinance a $2.6 billion bridge

QEWC net profit at QR813m for H1,2018
(The Peninsula - 19/07/2018)

The Qatar Electricity and Water Company (QEWC) has reported a net profit of QR813m for the period of six months ended June 30, 2018, compared to QR811m reported a year ago. The company’s Earning per Share (EPS) stood at QR7.39 compared to QR7.37 for the

ACWA Power inaugurates Khalladi wind farm in Morocco
(Saudi Gazette - 02/07/2018)

ACWA Power on Sunday inaugurated its 120 MW Khalladi Wind Farm in Tangier, which will supply clean power to a number of large industrial companies, mainly operating in the cement sector in Morocco at competitive scale.<br/><br/> The wind farm, developed

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