Saudi plans to sell off 65GW of state-owned generating capacity – an apparent reference to the entire capacity of  SEC, already earmarked for break-up.

Saudi Energy Minister Khalid al-Falih told the World Energy Congress in Istanbul this week that Riyadh plans to privatize 65GW of Saudi power generating capacity, as part of a massive shake-up of the kingdom’s energy sector under the government’s Vision 2030 long term strategy.

The strategy was instigated by Deputy...