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Saudi Energy's Next Phase
The CEO of Saudi Energy Company, Khalid bin Salem Al-Ghamdi, said the company delivered strong performance during the first nine months of 2026 and looks forward to continuing its strategic priorities through disciplined investment, network expansion, and infrastructure upgrades. Operating revenues reached SAR 87.2 billion, up 11.5% year on year, while net profit rose 4.3% to SAR 12.1 billion. The regulated asset base reached SAR 278.8 billion. Electricity storage battery capacity brought into operation totaled 22 gigawatt-hours, meeting the company’s 2026 target and supporting grid flexibility and the integration of renewable energy sources.
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