Saudi Electricity
Saudi Electricity Company is the Saudi electric energy company. It enjoys a monopoly on the generation, transmission and distribution of electric power in Saudi Arabia.
Saudi Electricity Company is the Saudi electric energy company. It enjoys a monopoly on the generation, transmission and distribution of electric power in Saudi Arabia through 45 power generation plants in the country. It is the region’s biggest utility company. Its objective is to generate, transmit and distribute electric power in the Kingdom of Saudi Arabia either by itself or through its wholly or partially owned subsidiaries. Saudi Electricity is majority-owned by Saudi’s Public Investment Fund (PIF), which has a 74.3% stake, while Saudi Aramco owns 6.9%.