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829 MW facility is the first new power plant developed to take advantage of the Marcellus Shale Gas formation
ROCKVILLE, MD – Argan, Inc. (NYSE: AGX) announced that Panda Power Funds has completed the acquisition and successful financing of Moxie Patriot LLC. Gemma Power Inc. (GPI), a wholly-owned subsidiary of Argan Inc., has been funding Moxie Patriot in the development of an 829 MW natural gas-fired power plant in Lycoming…
ROCKVILLE, Md. — BUSINESS WIRE) — Argan, Inc. (NYSE MKT: AGX) announced that its wholly owned subsidiary, Gemma Power Systems, LLC (GPS), entered into an EPC Agreement with Panda Patriot LLC (Panda Patriot) in connection with the design and construction of an 800 MW gas fired power plant in Pennsylvania. Gemma…
ROCKVILLE, MD — (BUSINESS WIRE)– Argan, Inc. (NYSE MKT: AGX) announced that its wholly owned subsidiary, Gemma Power Systems (GPS) entered into an EPC Agreement with Panda Liberty LLC (Panda Liberty) in connection with the construction and design of a 825 MW gas fired power plant in Pennsylvania. Gemma Power,…
Company to Build 49.9 MW Project in Southeast Texas ROCKVILLE, MD –(BUSINESS WIRE)– Argan, Inc. (NYSE MKT: AGX) announced that its wholly owned subsidiary, Gemma Power Systems (GPS), has received full notice to proceed from East Texas Electric Cooperative (ETEC) for a contract to design and build a 49.9 MW,…
ROCKVILLE, MD –(BUSINESS WIRE)– Argan, Inc. (NYSE AMEX: AGX) announced that its wholly-owned affiliate Gemma Renewable Power LLC has signed an approximately $18 million EPC contract with Patton Wind Farm LLC, a wholly-owned subsidiary of EverPower Wind Holdings, Inc., to design and build a 30 MW wind farm. The Patton…