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Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems Receives Full Notice to Proceed on Natural Gas-Fired Combined Cycle Power Plant Project

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ROCKVILLE, Md. –(BUSINESS WIRE)– Argan, Inc. (NYSE: AGX) today announced that its wholly owned subsidiary, Gemma Power Systems has received from Moxie Freedom LLC a full notice to proceed with engineering, procurement and construction activities for a 1,000 MW combined cycle power plant to be located in Luzerne County, Pennsylvania.

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Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems Receives Full Notice to Proceed on Natural Gas-Fired Combined Cycle Power Plant

By Uncategorized

ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE: AGX) announced that its wholly owned subsidiary, Gemma Power Systems (GPS), has received from NTE Ohio, LLC, an affiliate of NTE Energy, a full notice to proceed with engineering, procurement and construction activities for the Middletown Energy Center located in Butler County, Ohio.

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ARGAN, Inc.’s WHOLLY OWNED SUBSIDIARY GEMMA POWER SYSTEMS ENTERS INTO EPC AGREEMENTS WITH NTE ENERGY

By Uncategorized

ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE: AGX) today announced that its wholly owned subsidiary, Gemma Power Systems, LLC (GPS), has entered into two separate Engineering, Procurement and Construction Services contracts with NTE Ohio, LLC and NTE Carolinas, LLC, each affiliates of NTE Energy, and has received interim notices to proceed to commence early activities for the engineering, procurement and construction of two 475 MW state-of-the-art, combined cycle natural gas-fired power plants.

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ARGAN, Inc’s WHOLLY OWNED SUBSIDIARY GEMMA POWER SYSTEMS RECEIVES LIMITED NOTICE TO PROCEED FOR COMBINED CYCLE POWER PROJECT FROM MOXIE FREEDOM LLC

By Uncategorized

ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE: AGX) today announced that its wholly owned subsidiary, Gemma Power Systems (GPS) has entered into an EPC Agreement with Moxie Freedom LLC and received a limited notice to proceed to commence early activities for the engineering, procurement and construction of a 1,000 MW combined cycle power plant to be located in Luzerne County, Pennsylvania.

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