Argan, Inc.'s Gemma Power Systems Executes EPC Contract for a 1.2 GW Power Project in Texas [Yahoo! Finance]
Argan, Inc. (AGX)
NASDAQ:AMEX Investor Relations:
arganinc.com/investor-center
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Source: Yahoo! Finance
3 min read In This Article AGX ROCKVILLE, Md., February 06, 2025 BUSINESS WIRE Argan, Inc. (NYSE: AGX) ("Argan" or the "Company") today announces that its wholly owned subsidiary, Gemma Power Systems ("Gemma"), entered into an engineering, procurement and construction ("EPC") services contract with Sandow Lakes Energy Company, LLC ("SLEC") of Rockdale, Texas, for a 1.2 GW ultra-efficient natural gas-fired plant in Lee County, Texas. The plant will be developed and owned by a SLEC subsidiary and will be capable of supplying power to 800,000 homes within the Electric Reliability Council of Texas (ERCOT). Construction is expected to begin this summer and has an expected project completion date in 2028. Charles E. Collins, IV, Chief Executive Officer of Gemma, commented, "We're pleased to have this opportunity to work with SLEC on this substantial project. There is undoubtedly a critical need to bring more power facilities online to support our power grids in meeting the exponent
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AGX
News
- Argan declares $0.50 dividend [Seeking Alpha]Seeking Alpha
- Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.50 Per Common Share [Yahoo! Finance]Yahoo! Finance
- Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.50 Per Common ShareBusiness Wire
- Argan, Inc.: No Signs Of Structural Weakness [Seeking Alpha]Seeking Alpha
- Argan, Inc.: Record Backlog Drives Continued Earnings Momentum [Seeking Alpha]Seeking Alpha
AGX
Earnings
- 12/4/25 - Beat
AGX
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 8-K
- 12/9/25 - Form 4
- AGX's page on the SEC website