RIYADH, July 13 (Reuters) - A consortium of electricity companies led by Saudi Arabia's ACWA Power has completed refinancing of more than $1.825 billion in debt for its Rabigh 1 power project, ACWA Power said in a statement on Wednesday.

The consortium, which also includes Saudi Electricity Company 5110.SE (SEC) and Korea Electric Power Corporation 015760.KS (KEPCO), runs the 1240 MW fuel oil-fired plant on the western coast of Saudi Arabia.

(Reporting by Katie Paul; Editing by David French) ((Katie.Paul@thomsonreuters.com;))