Logo of Al Yamamah Steel Industries Co.
Al Yamamah Steel Industries Co.announced the completion of both construction work and the trial operations of the company’s wind power plant in Yanbu Industrial City, according to a statement to Tadawul.
Commercial operations are scheduled to commence on August 1, 2025, with the relevant financial impact likely to appear as of Q3 2025.
Al Yamamah Steel’s board of directors approved, on Feb. 8, 2021, to begin construction of Al YamamahWind Power Systemsplant as of March 1, at the cost of SAR 293 million, data compiled by Argaam showed.
This wind power plant would fulfill up to 40% of the Kingdom’s wind tower projects’ demand, Argaam reported, citing the company.
Logo of Al Yamamah Steel Industries Co.
Al Yamamah Steel Industries Co.announced the completion of both construction work and the trial operations of the company’s wind power plant in Yanbu Industrial City, according to a statement to Tadawul.
Commercial operations are scheduled to commence on August 1, 2025, with the relevant financial impact likely to appear as of Q3 2025.
Al Yamamah Steel’s board of directors approved, on Feb. 8, 2021, to begin construction of Al YamamahWind Power Systemsplant as of March 1, at the cost of SAR 293 million, data compiled by Argaam showed.
This wind power plant would fulfill up to 40% of the Kingdom’s wind tower projects’ demand, Argaam reported, citing the company.
