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Soudah Development and National Grid Sign SAR 1.3 Billion Agreement to Power Soudah Peaks
ByAinvest
Wednesday, Dec 3, 2025 12:11 pm ET1min read
Soudah Development and National Grid have signed a SAR 1.3 billion agreement to develop and deliver advanced power infrastructure for the Soudah Peaks project in Saudi Arabia. The partnership marks a critical milestone in the development of the ultra-luxury mountain destination and underscores the companies' commitment to excellence and sustainability. National Grid will design and construct the integrated electrical network, ensuring reliable power delivery to all development phases. The agreement reflects the shared vision of both organizations to drive economic diversification and support the Kingdom's sustainability ambitions.
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