Who owns Saudi Electricity Company?
Saudi Electricity Company is owned by Saudi Energy (Saudi Arabia).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Saudi Energy Company consolidated financial statements, 31 December 2025. Last checked .
Key facts
- Current owner
- Saudi Energy Company (formerly Saudi Electricity Company) reported
- Owner HQ
- 🇸🇦 Saudi Arabia
- Origin
- 🇸🇦 Saudi Arabia
- Category
- Energy › Power & utilities › Electric utilities
- Last verified
- · 1 sources
About Saudi Electricity Company
The main electricity provider across Saudi Arabia, serving government, industrial, agricultural, commercial and residential customers. It was formed in 1999 by merging ten regional companies and the electricity projects of the General Electricity Corporation, and is now named Saudi Energy.
Ownership timeline of Saudi Electricity Company
- Current owner Saudi Energy [1] reported
Where Saudi Electricity Company sits in Saudi Energy
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Saudi Energy ownership tree →
See the full Saudi Energy brand portfolio (2) →
Other brands owned by Saudi Energy
Saudi Energy controls 2 brands on Brandtree, 2 of them in energy.
Also in energy
Other brands in electric utilities, and who owns them
The 47 brands in electric utilities on Brandtree belong to 30 owners. The largest is Exelon, with 6.
| Brand | Owner | Owner based in |
|---|---|---|
| Atlantic City Electric | Exelon | 🇺🇸 United States |
| Caribbean Utilities Company | Fortis | 🇨🇦 Canada |
| Alabama Power | Southern Company | 🇺🇸 United States |
| Empire District Electric | Algonquin Power | 🇨🇦 Canada |
| Chubu Electric Power | Chubu Electric Power | 🇯🇵 Japan |
| Dominion Energy South Carolina | Dominion Energy | 🇺🇸 United States |
| Kentucky Utilities | PPL | 🇺🇸 United States |
| Wisconsin Electric Power Company | WEC Energy Group | 🇺🇸 United States |
About the owner: Saudi Energy
Saudi Energy is a publicly listed company headquartered in Saudi Arabia. Brandtree records 2 brands under its control.
Saudi Energy, formerly Saudi Electricity Company, generates, transmits and distributes electricity across Saudi Arabia under a tariff set by the Council of Ministers. Its 2025 consolidated statements say the Government's 74.31 percent shareholding was transferred to the Public Investment Fund by Royal Decree in 2017, and list National Grid S.A., Saudi Energy Production Company and the Dawiyat telecom companies as 100 percent subsidiaries.
Saudi Energy: full profile, brands and acquisition history →
🇸🇦 Saudi Electricity Company and other Saudi brands
Brandtree records a controlling owner for 36 brands that began in Saudi Arabia. 1 of them (3%) are now controlled by a company headquartered in another country; Saudi Electricity Company is not one of them.
- Acwa — ACWA Power 🇸🇦
- Aramco — Saudi Aramco 🇸🇦
- 7DAYS — Almarai 🇸🇦
- Baboo — SADAFCO 🇸🇦
- Bahri Dry Bulk — Bahri 🇸🇦
- Halwani Brothers — Halwani Bros 🇸🇦
Frequently asked questions
Who is the parent company of Saudi Electricity Company?
The parent company of Saudi Electricity Company is Saudi Energy, a publicly listed company headquartered in Saudi Arabia.
Is Saudi Electricity Company Saudi?
Yes. Saudi Electricity Company originated in Saudi Arabia and its owner, Saudi Energy, is also headquartered in Saudi Arabia.
Is Saudi Electricity Company still owned by Saudi Energy?
Yes. As of 5 October 2026, Saudi Electricity Company is still owned by Saudi Energy. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Saudi Energy Company consolidated financial statements, 31 December 2025 — Saudi Energy Company, Annual report; retrieved 5 October 2026.
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