Al Yamamah Steel signs SAR 126M contract for Yanbu wind tower project

04:52 PM (Mecca time) Argaam
Logo ofAl Yamamah Steel Industries Co.

Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co. signed today, April 15, a contract to supply wind power towers for the Yanbu Wind Power Plant project with SEPCO111 Electric Power Construction Co., valued at SAR 126 million, the company said in a statement to Tadawul.

 

The nine-month contract covers the supply of wind energy towers, with execution scheduled to begin this April.

 

Al Yamamah Steel said the financial impact of the contract is expected to start reflecting in the second quarter of 2026.

 

There are no related parties to the deal, the statement added.

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