WEC was established as a Limited Liability Company (LLC). WEC’s corporate purpose is the sale and purchase of water and electricity and all required ancillary activities. WEC will be the counterparty under the PWPA and will buy the Project’s water and electricity. WEC will in turn sell this water and electricity on to SWCC and SEC respectively. WEC was formed with an authorized share capital of SAR 30,000,000 with SWCC and SEC each owning a 50% shareholding in WEC. The term of WEC is 50 years. WEC’s Articles of Association are based on the standard form of LLC Articles, as provided by the Ministry of Commerce and Investment (MoCI).
Pro Tenders Industry Classification
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Developer
69 Projects
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Owner
3 Projects
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FEED Consultant
1 Project
Saudi Water Partnership Company has not yet added certifications.
Saudi Water Partnership Company has not yet added awards.
Saudi Arabia Office - Head Office
Riyadh
PO Box 300091
Riyadh Province
Saudi Arabia
+966.9200.02988
+966.12.113.313
2003
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