Saudi Energy Company reported Q1 2026 results with operating revenue rising 9.4 per cent, while improved efficiency boosted net profit by 89.3 per cent to SAR1.8 billion ($480 million), reflecting strong financial performance and operational gains.
Danway, a leading engineering firm in Saudi Arabia has signed a contract with National Grid, a key subsidiary of Saudi Energy, for the construction of a new 110/13.8kV substation in Madinah. The entire project work will be completed within a period of 23 months.
Saudi Energy and Kraken signed agreements to form a Riyadh-based joint venture, accelerating digital transformation across energy and utilities in Mena, leveraging Kraken’s AI-powered operating system for utilities.
Saudi Energy has signed final agreements to establish a strategic partnership with Kraken Technologies Limited, one of the world’s leading companies in AI-powered digital operating solutions for the utilities sector.
Nesma Infrastructure & Technology has announced that it has secured a new contract from Saudi Energy for the construction of a 132/33 kV substation in the central region of Saudi Arabia. The scope of work includes engineering, procurement, construction and commissioning of the new substation.
Saudi Energy reported robust 2025 results, achieving SAR 102.2 billion ($27 billion) in revenues, a 15.3 per cent increase from 2024, demonstrating strong financial and operational performance alongside sustainable earnings growth.
Saudi Energy (formerly Saudi Electricity Company) has invited bids from leading utility developers and energy project specialists for setting up 380kV substations and associated overhead transmission lines (OHTL) related to upcoming Renewable Energy Projects across Saudi Arabia.
Saudi Energy, a leading electricity producer in the kingdom, has invited bids for a key power infrastructure project as part of Expo 2030 Riyadh development. The scope of work includes setting up of three 132/13.8kV substations along with other work linked to its integration with the national electricity grid.
Saudi Electricity Company has launched its new corporate identity and announced its official rebranding as Saudi Energy (SE), in a move that reflects the company’s expanding role within the Kingdom’s energy ecosystem and aligns with the structural transformation underway in Saudi Arabia's energy sector.
