“Soudah Development” and “National Grid” Sign SAR 1.3 Billion Agreement to Power Soudah Peaks
• Strategic partnership to deliver advanced power infrastructure to Soudah Peaks.
• A new important milestone in the progression of Soudah Peaks project paving the way for more.
Soudah Development, a Public Investment Fund (PIF) company, chaired by HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, has signed a landmark agreement with National Grid, a Subsidiary of the Saudi Electricity Company, valued at more than SAR 1.3 billion, to develop and deliver advanced power infrastructure for the Soudah Peaks.
This strategic partnership marks a critical milestone in the development of Soudah Peaks, an ultra-luxury mountain destination rising 3,015 meters above sea level, and underscores Soudah Development’s commitment ...