Saudi Electricity to set up power generation subsidiary

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Saudi Electricity to set up power generation subsidiary
27 November 2018, News Wires — Saudi Electricity Co plans to establish a power generation subsidiary, pending shareholder approval, a step viewed by analysts as a sign the state-controlled power giant is pushing ahead with a long-awaited restructuring. The company, the Gulf’s largest utility, said in a bourse filing on Monday that it called shareholders for … More »
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