INVESTMENT OPPORTUNITIES

As part of the efforts exerted to expand the scope of SEC's business, SEC has given the opportunity to investors to become partners in the construction, operation, and ownership of a number of new electricity production projects in order to meet the ever increasing demand for electric energy. In view of this, SEC has launched its Independent Power Projects (IPP) program through the Energy Trading and New Ventures business unit with four initial IPP projects:  

 

 

Project No

 

Name of IPP Power Plant

 

Capacity (MW)

 

Location

 

Completion Date

 

1

 

Rabigh IPP1

 

1200

140 km north of the city of Jeddah.
(started operational stages)

 

2013

 

2

 

Riyadh PP11

 

1729

Dhurumah,125 Km West of Riyadh City.
(started Operational stages)

 

2013

 

3

 

Qurayyah IPP

 

3927

 

Eastern Province.
(Under construction)

 

2014

 

4

 

Rabigh IPP2

 

2000

140 km north of the city of Jeddah.
(Pre Financial Close stage)

 

2016