‎Al Yamamah Steel inks SAR 35.7M contract for tower supply

‎Al Yamamah Steel inks SAR 35.7M contract for tower supply ‎Al Yamamah Steel inks SAR 35.7M contract for tower supply

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Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co. announced today, July 15, the signing of a contract with SEPCO111 Electric Power Construction Co., Ltd. Branch for supplying steel wind towers to Al Ghat Wind Farm, at a value of SAR 35.7 million.

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In a statement to Tadawul, the company indicated that the contract term is six months, adding that the supplying to the project will start in August, 2025.

For more news on listed companies

The related financial impact is expected to begin reflecting on the company’s financial statements in Q3 2025. There are no related parties to the deal.

 

Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co. announced today, July 15, the signing of a contract with SEPCO111 Electric Power Construction Co., Ltd. Branch for supplying steel wind towers to Al Ghat Wind Farm, at a value of SAR 35.7 million.

In a statement to Tadawul, the company indicated that the contract term is six months, adding that the supplying to the project will start in August, 2025.

For more news on listed companies

The related financial impact is expected to begin reflecting on the company’s financial statements in Q3 2025. There are no related parties to the deal.

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