Saudi Electric Signs $187 Million of Project Contracts, SPA Says

Saudi Electricity Co. (SECO) signed contracts worth 700 million riyals ($187 million) to build substations in Jeddah and link many areas with cables in Riyadh, Saudi Press Agency reported, citing Chief Executive Officer Ali al-Barrak.

To contact the reporter on this story: Wael Mahdi in Manama at wmahdi@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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