Saudi Electricity Company

SEC owns and operates power plants that generates and distributes electricity for residential and commercial sectors. Read more

37 Followers on Owler
37 Followers on Owler
37 Followers on Owler
37 Followers on Owler

Saudi Electricity Company

SEC owns and operates power plants that generates and distributes electricity for residential and commercial sectors. Read more

Fahd bin Hussain Al-Sudairy's photo - CEO of Saudi Electricity Company

CEO

Fahd bin Hussain Al-Sudairy

CEO Approval Rating

90/100

Founded:

2000

Status:

PublicIndependent CompanyTADAWUL5110

Annual Revenue
Employees
Sector

Renewable Energy

SAUDI ELECTRICITY COMPANY TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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EWEC is Saudi Electricity Company's top competitor. EWEC is headquartered in Abu Dhabi, Abu Dhabi Emirate, and was founded in 1998. EWEC is in the Electric, Water & Gas Utilities field. EWEC generates 0.81% the revenue of Saudi Electricity Company.

SSE is seen as one of Saudi Electricity Company's top competitors. SSE's headquarters is in Perthshire, Scotland, and was founded in 1943. SSE competes in the Electric, Water & Gas Utilities industry. SSE generates 48% of Saudi Electricity Company's revenue.

EDF Energy has been one of Saudi Electricity Company's top competitors. EDF Energy was founded in 2003, and its headquarters is in London, England. EDF Energy competes in the Electric, Water & Gas Utilities field. EDF Energy has 23,101 fewer employees than Saudi Electricity Company.

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Saudi Electricity Company Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$17.4B

Saudi Electricity Company's revenue is the ranked 15th among it's top 10 competitors. The top 10 competitors average 66.9B. Over the last one quarters, Saudi Electricity Company's revenue has decreased by 0%. Specifically, in Q2 2020's revenue was $4.4B.

Saudi Electricity Company Acquisitions

No recent acquisitions found related to Saudi Electricity Company

Saudi Electricity Company Funding History

Since Saudi Electricity Company was founded in 2000, it has participated in 2 rounds of funding. In total Saudi Electricity Company has raised $4.2B. Saudi Electricity Company's last funding round was on Aug 2020 for a total of $2.4B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2020
$2.4B

National Commercial Bank

Debt
Aug 2017
$1.8B

Since Saudi Electricity Company was founded in 2000, it has participated in 2 rounds of funding. In total Saudi Electricity Company has raised $4.2B. Saudi Electricity Company's last funding round was on Aug 2020 for a total of $2.4B

Saudi Electricity Company Investments

No recent investments found related to Saudi Electricity Company

Saudi Electricity Company News

January 24, 2021Zawya

SEC names new board chairman, deputy chairman

Khalid bin Saleh Al-Sultan as the company's Chairman of the board and Najem bin Abdullah Alzaid as th... See more »
December 17, 2020Arab News

Saudi Electricity Company, JBIC agree energy partnership

Author: Thu, 2020-12-17 19:18 RIYADH: The Saudi Electricity Company and Japan Bank for International ... See more »
November 16, 2020Arab News

Big revamp for Saudi Arabia electricity sector

Mon, 2020-11-16 11:33 DUBAI: Saudi Electricity Company, which runs the Kingdom's power generation and... See more »
November 16, 2020FE Investegate

Saudi Electricity Co. announces regulatory reforms

7:00 AM: (43DB) Saudi Electricity Co. announces regulatory reforms... See more »
September 21, 2020Global Legal Chronicle

Saudi Electricity Company's $1.3 Billion Green Sukuk

Latham & Watkins and the Law Office of Salman M. Al-Sudairi advised the joint lead managers and the d... See more »
September 16, 2020ConstructionWeekOnline

KSA's SEC raises $1.3bn in first green sukuk on international markets

Divided into two tranches of $650m (SAR2.438bn) each, this is the largest green sukuk issue in the ME... See more »

Saudi Electricity Company Press Releases

May 16, 2017BriefingWire

Saudi Electricity Company - Power Plants and SWOT Research By Radiant Insights, Inc

The report contains a detailed description of the power generation company's business operations, his... See more »
January 18, 2017TotalUAE

Gulf bourses mixed after Q4 earnings results

Shares in Saudi Electricity Company weighed on Saudi Arabia's stock market on Wednesday morning after... See more »
January 11, 2017PRZOOM

Enel and Saudi Electricity Company Sign Framework Agreement to Cooperate in Power Distribution

PRZOOM - Newswire (press release) - 2017/01/11, Riyadh, Saudi Arabia - The two companies will share b... See more »
October 19, 2016Free Press Release Submit

Saudi Electricity Company - Power Plants and SWOT Analysis - Free Press Release Submit

Market R eportson S audi A rabia presents a new report on "Saudi Electricity Company - Power Plants a... See more »
October 10, 2016openPR

Smart Link and Six Clients Sweep Top Honours at Middle East Contact Centre Awards 2016

Riyadh, Saudi Arabia, October 08, 2016: Smart Link Contact Centers, a leading business process and co... See more »
July 12, 2016TotalUAE

Rabigh 1's new financing makes big savings for power company

New financing terms for Saudi Arabia's first independent power project (IPP) will result in savings o... See more »
June 19, 2016PR Newswire Asia

FreeWave Technologies Partners With Baud Telecom Company, Rolls Out WavePro Installation With Saudi Electricity Company

Leading industrial IoT communications provider partners with one of the largest systems integrators i... See more »

Saudi Electricity Company Videos

March 15, 2021Saudi Electricity Company Youtube Channel

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March 15, 2021Saudi Electricity Company Youtube Channel

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February 16, 2021Saudi Electricity Company Youtube Channel

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December 27, 2020Saudi Electricity Company Youtube Channel

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December 27, 2020Saudi Electricity Company Youtube Channel

"Forgot your password" on YOUTUBE

December 14, 2020Saudi Electricity Company Youtube Channel

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November 25, 2020Saudi Electricity Company Youtube Channel

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Social Media

Saudi Electricity Company Headquarters

Oasis Granada Tower P.O. Box 22955

Riyadh, Riyadh11416

966-11-4053227

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Saudi Electricity Company Summary

ABOUT

Overview

SEC owns and operates power plants that generates and distributes electricity for residential and commercial sectors. Saudi Electricity Company was founded in 2000. Saudi Electricity Company's headquarters is located in Riyadh, Riyadh, SA 11416. It ha...

CEO

Saudi Electricity Company's CEO, Fahd bin Hussain Al-Sudairy, currently has an approval rating of 90%. Saudi Electricity Company's primary competitors are EWEC, SSE & EDF Energy.

Website

se.com.sa

Frequently Asked Questions about Saudi Electricity Company

  1. When was Saudi Electricity Company founded?

    Saudi Electricity Company was founded in 2000
  2. Who is Saudi Electricity Company's CEO?

    Saudi Electricity Company's CEO is Fahd bin Hussain Al-Sudairy
  3. How much revenue does Saudi Electricity Company generate?

    Saudi Electricity Company generates $17.4B in revenue
  4. How much funding does Saudi Electricity Company have?

    Saudi Electricity Company has historically raised $4.2B in funding
  1. Where is Saudi Electricity Company's headquarters?

    Saudi Electricity Company's headquarters is in Riyadh Riyadh, SA
  2. How many employees does Saudi Electricity Company have?

    Saudi Electricity Company has 36,432 employees
  3. What sector does Saudi Electricity Company operate in?

    Saudi Electricity Company is in Renewable Energy
  4. Who are Saudi Electricity Company's competitors?

    Saudi Electricity Company's top competitors are EWEC, SSE, EDF Energy