XSAU
5110
Market cap16bUSD
Nov 12, Last price
14.58SAR
Name
Saudi Electricity Company SJSC
Chart & performance
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Profile
Saudi Electricity Company (SEC) primarily handles the production, delivery, and distribution of electricity throughout the Kingdom of Saudi Arabia. Its clientele is diverse, spanning governmental bodies, industrial operations, agricultural enterprises, commercial establishments, and private households. Beyond its core power functions, SEC also builds, leases, manages, and operates both electrical and fiber optic networks to offer telecommunication services. The company further extends its activities into the financial realm, providing support for the issuance of bonds and sukuk, and engaging in various financing initiatives. Additionally, SEC is involved in managing construction projects, from developing detailed designs and procuring necessary materials to executing large-scale projects within the power sector. It also offers communication, data transmission, and information technology solutions to individuals, public institutions, and private organizations. Serving an estimated 10.1 million customers, the company was established in 2000 and has its headquarters located in Riyadh, Saudi Arabia.
Related entities
Subsidiaries
Dhuruma Electricity Company
Key people
Khalid Bin Salem Al- Ruwais
Non-Executive Director · since 2024
Abdulkarim Bin Ali Al-Ghamdi
Independent Member of the Board · since 2022
Mohammed Bin Abdul Rahman Al Bilaihed
Independent Non-Executive Member of the Board · since 2024
Abdulaziz Bin Ahmed Al- Naim
Independent Non-Executive Director · since 2024
Walid Bin Ibrahim Shukri
Independent Member of the Board · since 2024
Mohammed Bin Saeed Owayedh
Independent Non-Executive Director · since 2024
Siung Cheung
Independent Non-Executive Director · since 2024
Independent Non-Executive Director · since 2024
Headquarters & legal address
العريض
الرياض, 01 11416
SA
الرياض, 01 11416
SA
Previous name
Saudi Electricity Company
Other language
Saudi Energy Company
Valuation
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