Rabigh 1 Plant

Construction & Real Estate

Saudi Electricity seals ECA deal for $1.4bn Rabigh 1 power plant expansion

Thu, 22 Jan 2026

Saudi Electricity Company (SEC) has signed an Energy Conversion Agreement (ECA) with the Saudi Power Procurement Company (Principal Buyer) for the purchase of energy produced from the SAR5.33 billion ($1.4 billion) Rabigh 1 Expansion Power Plant.