Argan, Inc.’s Wholly Owned Subsidiary Gemma Power Systems Receives Notice to Proceed on CPV’s Towantic Energy Center

By March 11, 2016October 28th, 2020No Comments

ROCKVILLE, Md.–(BUSINESS WIRE)– Argan, Inc. (NYSE: AGX) today announced that its wholly owned subsidiary, Gemma Power Systems (GPS), has received Notice to Proceed to commence activities under an Engineering, Procurement and Construction Agreement with Competitive Power Venture’s Towantic Energy Center project (“CPV Towantic”) to construct a 785 MW state-of-the-art dual-fuel combined-cycle electric generating facility in Oxford, Connecticut.