Argan, Inc.’s Gemma Power Systems Receives Notice to Proceed on EPC Contract for a 1.2 GW Power Project in Texas
Argan, Inc. (AGX)
NASDAQ:AMEX Investor Relations:
arganinc.com/investor-center
Company Research
Source: Business Wire
ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its wholly owned subsidiary, Gemma Power Systems (“Gemma”), received a notice to proceed on its previously announced 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. This project has now been added to the Company’s project backlog and construction is expected to begin this summer, with an expected project completion date in 2028.Charles E. Collins, IV, Chief Executive Officer of Gemma, commented, “We’re thrilled to move forward with SLEC on this major pow
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AGX
Sec Filings
- 4/22/25 - Form 4
- 4/22/25 - Form 4
- 4/21/25 - Form 4
- AGX's page on the SEC website