Argan, inc.'s gemma power systems receives notice to proceed on epc contract for a 1.2 gw power project in texas

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 an.
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