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

+0.12%

SAUDI ELECTRICITY

5110.SA

16.10

+0.12%

April 29 (Reuters) - 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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