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Al Jouf Cement Engages Altec for $7.43 Million Grid Connection Contract at Turaif Plant.

May 26, 2026

Contract Type

contract

Northern Borders ProvinceManufacturingMiningConstructionBuilding Material

Description

Al Jouf Cement has awarded a $7.43 million turnkey contract to the US company Altec for the electrical interconnections at its Turaif cement plant. The project will connect the plant to the electrical grid, supporting a government program to replace oil-fired generators.

Company Information

Company

Al Jouf Cement

Location

Northern Borders Province, Saudi Arabia

About

Al Jouf Cement is a prominent cement manufacturer based in Saudi Arabia. The company specializes in producing high-quality cement for various construction projects. It is committed to supporting the local market and contributes to the development of infrastructure in the region.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.