Al Yamamah Steel Wins SAR 126M Wind Tower Contract

ALYAMAMAH STEEL +1.72%

ALYAMAMAH STEEL

1304.SA

38.96

+1.72%

On April 15, 2026, Al Yamamah Steel Industries Co. announced the signing of a contract with SEPCO111 Electric Power Construction Co., Ltd. Branch to supply steel wind towers for the Yanbu Wind Farm, valued at SAR 126,000,000. The nine-month contract will commence deliveries in April 2026, with financial impact expected to appear in the second quarter of 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94441&anCat=1&cs=1304&locale=ar

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