Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Saudi Electricity Co, Power, Deals By Year, 2012 to YTD 2018 6
Saudi Electricity Co, Power Deals By Type, 2012 to YTD 2018 7
Saudi Electricity Co, Power, Deals By Region, 2012 to YTD 2018 8
Saudi Electricity Co, Power, Deals By Sector, 2012 to YTD 2018 9
Saudi Electricity Co, Power, Deals Summary, 2012 to YTD 2018 10
Saudi Electricity Co, Power, Deal Details 11
Asset Purchase 11
Saudi Electricity Invests USD998 Million in Waad Al-Shamal Power Plant in Waad Al-Shamal Industrial City, Saudi Arabia 11
Saudi Electricity to Invest USD665.5 Million in Integrated Solar Combined Cycle Power Project in Tabuk, Saudi Arabia 12
Saudi Electricity Plans to Acquire Minority Stake in Hinkley Point C Nuclear Project in UK from Electricite de France 13
Engie, Saudi Electricity and Saudi Aramco Power Holding Complete Project Financing of USD950 Million for Fadhili Combined Cycled Gas Power Plant in Saudi Arabia 14
Saudi Electricity Completes Project Financing of USD900 Million for Shuqaiq Oil Fired Steam Power Plant in Jizan Region, Saudi Arabia 15
Dhuruma Electricity Completes Project Financing for Refinancing of Riyadh PP11 Natural Gas Fired Combined Cycle Power Plant in Riyadh, Saudi Arabia 16
Consortium Of Three Companies Plan Project Financing Of US$1.4 Billion For Rabigh II CCGT Power Project In Saudi Arabia 17
Private Equity 18
SoftBank Vision Fund Plans to Acquire Majority Stake in Saudi Electricity from Public Investment Fund 18
Partnerships 19
GE Power Forms Partnership with Saudi Electricity 19
Enel to Form Partnership with Saudi Electricity 20
Saudi Electricity to Form Joint Venture with General Electric 21
Debt Offering 22
Saudi Electricity Raises USD1.2 Billion in Public Offering of 4.723% Notes Due 2028 22
Saudi Electricity Raises USD800 Million in Public Offering of 4.22% Notes Due 2024 23
Saudi Electricity May Raise Funds through Public Offering of Bonds 24
Saudi Electricity Completes Public Offering Of Bonds For US$1.2 Billion 25
Saudi Electricity Rumored To Raise Funds In Public Offering Of Bonds 26
Saudi Electricity Completes Public Offering Of 2.665% Bonds Due 2017 For US$133 Million 27
Saudi Electricity Completes Public Offering Of 4.211% Bonds Due 2022 For US$333 Million 28
Asset Transactions 29
ACWA Power International Plans to Acquire Assets from Saudi Electricity 29
Saudi Electricity Co – Key Employees 30
Saudi Electricity Co – Locations And Subsidiaries 31
Head Office 31
Other Locations & Subsidiaries 31
Recent Developments 32
Oct 14, 2018: Al Falih inaugurates the Middle East Electricity Exhibition with 150 international and local companies 32
Oct 04, 2018: Saudi Electricity Company appoints Fahad al-Sudairi as CEO 33
Aug 27, 2018: Mina shrine sets up a new record electric load the first day of Eid al-Adha 34
Aug 20, 2018: SEC sets up world’s first integrated centre for monitoring energy efficiency 35
Aug 17, 2018: Seven transformer stations launched to link the kingdom’s north with the main electricity grid 36
Aug 07, 2018: 13 Saudi Engineers to Run 1st Integrated Center Monitoring Energy Efficiency 37
Jul 22, 2018: SEC, GE long-time partners for growth and mutual benefit 38
Jul 20, 2018: Saudi Electricity Company Saves $109 Mln Of Diesel, Raw Fuel 39
Jul 06, 2018: Saudi Electricity Company starts operating Al Jolla power station 40
May 12, 2018: Riyadh Seeks Developing Electric Power Industry, Supporting Smart Grid Solutions 41
Jan 18, 2018: Sheikh Mohammed bin Rashid reviews the experience of Saudi Electricity in green mosques and smart stations during Abu Dhabi Sustainability Week 42
Dec 28, 2017: L&T Construction bags orders valued INR1600 crore 43
Dec 18, 2017: ABB switchgear to support airport expansion in Saudi Arabia’s capital 44
Dec 05, 2017: Saudi Electricity Company signs Cooperation Agreement with MVM Hungarian Electricity Groups to Exchange Experience and Researches 45
Nov 27, 2017: L &T Construction Wins Orders Valued INR 3572 Crore 46
Nov 14, 2017: Saudi Electricity restarts Jeddah plant after brief outage 47
Nov 09, 2017: The Cabinet approves the implementation of the electrical connection with Saudi Arabia 48
Oct 24, 2017: The Saudi Electricity Company announces the Signing of a Non-Binding Memorandum of Understanding 49
Oct 09, 2017: GE signs multi-year service agreement with Saudi Electricity Company for Riyadh Power Plant 12 50
May 18, 2017: JinkoSolar Holds Strategic Meeting with Saudi Electricity Company 51
May 17, 2017: CMEC: Vice President Fang Yanshui Meets with Chairman of Saudi Electricity Company 52
Mar 22, 2017: Privatisation of Saudi’s state utility set to start by end-2017 53
Feb 01, 2017: Jeddah South power plant expansion 54
Jan 30, 2017: ENGIE awarded the Fadhili Independent Power Project in Saudi Arabia 55
Jan 11, 2017: Enel and Saudi Electricity Company Sign Framework Agreement to Cooperate in Power Distribution 56
Appendix 57
Methodology 57
About GlobalData 57
Contact Us 57
Disclaimer 57
Saudi Electricity Co, Power, Key Facts, 2017 2
Saudi Electricity Co, Power, Deals Summary, 2012 to YTD 2018 2
Saudi Electricity Co, Power, Deals By Year, 2012 to YTD 2018 6
Saudi Electricity Co, Power Deals By Type, 2012 to YTD 2018 7
Saudi Electricity Co, Power, Deals By Region, 2012 to YTD 2018 8
Saudi Electricity Co, Deals By Sector, 2012 to YTD 2018 9
Saudi Electricity Co, Power, Deals Summary, 2012 to YTD 2018 10
Saudi Electricity Invests USD998 Million in Waad Al-Shamal Power Plant in Waad Al-Shamal Industrial City, Saudi Arabia 11
Saudi Electricity to Invest USD665.5 Million in Integrated Solar Combined Cycle Power Project in Tabuk, Saudi Arabia 12
Saudi Electricity Plans to Acquire Minority Stake in Hinkley Point C Nuclear Project in UK from Electricite de France 13
Engie, Saudi Electricity and Saudi Aramco Power Holding Complete Project Financing of USD950 Million for Fadhili Combined Cycled Gas Power Plant in Saudi Arabia 14
Saudi Electricity Completes Project Financing of USD900 Million for Shuqaiq Oil Fired Steam Power Plant in Jizan Region, Saudi Arabia 15
Dhuruma Electricity Completes Project Financing for Refinancing of Riyadh PP11 Natural Gas Fired Combined Cycle Power Plant in Riyadh, Saudi Arabia 16
Consortium Of Three Companies Plan Project Financing Of US$1.4 Billion For Rabigh II CCGT Power Project In Saudi Arabia 17
SoftBank Vision Fund Plans to Acquire Majority Stake in Saudi Electricity from Public Investment Fund 18
GE Power Forms Partnership with Saudi Electricity 19
Enel to Form Partnership with Saudi Electricity 20
Saudi Electricity to Form Joint Venture with General Electric 21
Saudi Electricity Raises USD1.2 Billion in Public Offering of 4.723% Notes Due 2028 22
Saudi Electricity Raises USD800 Million in Public Offering of 4.22% Notes Due 2024 23
Saudi Electricity May Raise Funds through Public Offering of Bonds 24
Saudi Electricity Completes Public Offering Of Bonds For US$1.2 Billion 25
Saudi Electricity Rumored To Raise Funds In Public Offering Of Bonds 26
Saudi Electricity Completes Public Offering Of 2.665% Bonds Due 2017 For US$133 Million 27
Saudi Electricity Completes Public Offering Of 4.211% Bonds Due 2022 For US$333 Million 28
ACWA Power International Plans to Acquire Assets from Saudi Electricity 29
Saudi Electricity Co, Key Employees 30
Saudi Electricity Co, Subsidiaries 31
List of Figures
Saudi Electricity Co, Power, Deals by Type, 2012 to YTD 2018 2
Saudi Electricity Co, Power, Deals By Year, 2012 to YTD 2018 2
Saudi Electricity Co, Power, Deals By Region, 2012 to YTD 2018 2
Saudi Electricity Co, Power, Deals By Sector, 2012 to YTD 2018 2
Saudi Electricity Co, Power, Deals By Year, 2012 to YTD 2018 6
Saudi Electricity Co, Power, Deals by Type, 2012 to YTD 2018 7
Saudi Electricity Co, Power, Deals By Region, 2012 to YTD 2018 8
Saudi Electricity Co, Power, Deals by Sector, 2012 to YTD 2018 9