logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. SE signs 3 pacts to power Kingdom's AI, data center projects

SE signs 3 pacts to power Kingdom's AI, data center projects

GHADA.ISMAIL
Sep 2, 2026
The agreements aim to build resilient power infrastructure to match the rapid expansion of Saudi Arabia's digital economy

Riyadh – Sharikat Mubasher: Saudi Energy (SE) signed three strategic agreements aimed at building up the electricity infrastructure needed to support Saudi Arabia's growing network of data and artificial intelligence centers.

The deals, announced during the company's participation at LEAP 2026, are designed to ensure the Kingdom's digital economy has a reliable and resilient power supply as it expands, according to the Saudi Press Agency.

The first agreement was signed between National Grid SA and HUMAIN to supply electricity to an AI data center project in Riyadh, covering the project's electrical infrastructure and future energy needs.

Saudi Electricity Project Development Company (PDC), a subsidiary of Saudi Energy, signed a separate framework agreement with center3 to establish a strategic partnership on future data center and energy infrastructure projects across the Kingdom. The agreement is intended to support the sector's growth and strengthen the link between energy supply and digital infrastructure.

PDC also signed a memorandum of understanding with Huawei to deepen cooperation on data and AI center projects, digital infrastructure, and related energy solutions, including the exchange of engineering and technical expertise.

The fifth edition of LEAP 2026 runs from 31 August to 3 September at the Riyadh Exhibition and Convention Center in Malham, north of Riyadh.

The event is expected to attract more than 1,000 global speakers and experts, 1,800 technology companies, 600 startups and 1,900 investors and venture capital representatives, highlighting Saudi Arabia’s growing role as a hub for technology and innovation.

Tags

Saudi Energy
HUMAIN
AI
data centers
Share

Attract clients with your ad

Start Now

Trending

NTT Data to launch AI Factory Lab in Riyadh this month
MUBASHER.SA
SE signs 3 pacts to power Kingdom's AI, data center projects
MUBASHER.SA
King Salman Park Foundation, Huawei sign MoU to develop sustainable digital infrastructure
MUBASHER.SA
Mobily, BytePlus announce $120–150mn cloud investment in Saudi Arabia
MUBASHER.SA
Hero Esports brings first humanoid robot kickboxing event to Riyadh
MUBASHER

Related News

Private Equities News
Calendar Icon
Sep 2, 2026
SE signs 3 pacts to power Kingdom's AI, data center projects
Read More
Private Equities News
Calendar Icon
Sep 2, 2026
King Salman Park Foundation, Huawei sign MoU to develop sustainable digital infrastructure
Read More
Private Equities News
Calendar Icon
Sep 2, 2026
Hero Esports brings first humanoid robot kickboxing event to Riyadh
Read More
Private Equities News
Calendar Icon
Sep 2, 2026
Solutions by stc, Tatweer Educational partner to develop ‘Madares’ platform
Read More
Private Equities News
Calendar Icon
Sep 2, 2026
Nokia to launch Saudi R&D center focused on AI network automation
Read More
Private Equities News
Calendar Icon
Sep 2, 2026
HPE expands Saudi-Made strategy with local innovation push
Read More
Private Equities News
Calendar Icon
Sep 1, 2026
Saudi Azm, Elm sign 5-year strategic partnership
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher