Saudi Electricity Company (SEC) said in a press release that Fitch Ratings has upgraded its ratings to “A+” from “A”, on par with the national sovereign rating. SEC CEO Eng. Khaled Al-Gnoon said in the release: “We are pleased with this positive upgrade of SEC’s credit ratings, which stands as a testament to the efforts and investments we continue to make to bolster the reliability and efficiency of the electrical grid. This improved rating is reflective of our best-in-class governance, our... Read this story
