BRIEF-Saudi Electricity Receives Letter Approving Regulated WACC Of 6.65% On Its Asset Base

SAUDI ELECTRICITY +1.82%

SAUDI ELECTRICITY

5110.SA

16.76

+1.82%

- SAUDI ELECTRICITY COMPANY SJSC 5110.SE:

  • RECEIVES LETTER APPROVING REGULATED WEIGHTED AVERAGE COST OF CAPITAL (WACC) OF 6.65% ON ITS REGULATED ASSET BASE

  • RECEIVES LETTER APPROVING REGULATED WEIGHTED AVERAGE COST ON ITS REGULATED ASSET BASE FOR PERIOD STARTING FROM 2024 TO 2026

  • DECISION EXPECTS TO POSITIVELY IMPACT SEC REVENUES THROUGHOUT CURRENT REGULATORY PERIOD DUE TO INCREASE IN REGULATED RETURN

Source text for Eikon: ID:nSSE51Qr4J

Further company coverage: 5110.SE


((Reuters.Briefs@thomsonreuters.com;))

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