Yearly Archives

2011

GEMMA RENEWABLE POWER LLC SIGNS AN EPC CONTRACT FOR $16.6 MILLION SOLAR ENERGY PROJECT

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ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE AMEX: AGX) announced that its wholly owned subsidiary Gemma Power Systems, through its wholly-owned subsidiary Gemma Renewable Power LLC, has signed an approximately $16.6 million EPC contract with Southern Sky Renewable Energy Canton LLC to design and build a 5.7MW (DC) solar energy facility consisting of approximately 19,800 photovoltaic panels located on a closed capped landfill in Canton, Massachusetts.

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Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems California. Inc. Receives Full Notice to Proceed on the $250 Million Engineering, Procurement and Construction Contract for the CPV Sentinel Peaking Power Project in Riverside County, California

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ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) today announced that its wholly owned subsidiary, Gemma Power Systems California, Inc. (GPS), has received a full notice to proceed from CPV Sentinel for an approximately $250 million contract to design, build and perform other services in connection with the 800 MW, eight GE LMS100 unit simple cycle peaking power plant near Desert Hot Springs, California.

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Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems California Signs Updated EPC Contract for $220 Million Peaking Power Project

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ROCKVILLE, MD – Argan, Inc. (NYSE AMEX: AGX) announced that its wholly owned subsidiary, Gemma Power Systems California (GPS), has signed an updated engineer-procure-construct (EPC) contract with CPV Sentinel for an approximately $220 million contract to design and build an 800 MW, eight-unit simple cycle peaking power plant in Southern California.

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