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SEC secures $1.09b loan
SPA Published in The Saudi Gazette on 22 - 06 - 2009


Saudi Electricity Company (SEC) said Sunday it has obtained a 12-year, SR4.1 billion ($1.09 billion) loan from US Export-Import and Canada's Export Development Credit (EDC). The company said in a statement the loan was meant to finance acquisition of power generation units with 2.9 megawatts capacity.

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