Argan, inc.'s gemma power systems executes epc contract for a 1.2 gw power project in texas

Rockville, md.--(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.
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