---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-104398"
form_type: "8-K"
ticker: "AGX"
cik: "0000100591"
company_name: "ARGAN INC"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:11:56.913883+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Argan subsidiary receives full NTP on $1.35B EPC contract for 1,350 MW Texas plant

## Summary
- Gemma Power Systems to build CPV Basin Ranch Energy Center, a 1,350 MW combined-cycle plant in Ward County, TX.
- Full notice to proceed received; contract value will be added to Q3 backlog ending October 31, 2025.
- Plant features GE 7HA.03 turbines with optional carbon capture; completion expected in 2028.
- Construction begins this fall; expected to create thousands of jobs and power 850,000 West Texas homes.
- POWER Engineers selected for detailed engineering; CPV is the developer and customer.

## SEC filing metadata
- accession: 0001104659-25-104398
- form_type: 8-K
- ticker: AGX
- cik: 0000100591
- company_name: ARGAN INC
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100591/000110465925104398/0001104659-25-104398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100591/000110465925104398/agx-20251030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-104398
- JSON: https://secwatch.observer/filing/0001104659-25-104398.json
- Plain text: https://secwatch.observer/filing/0001104659-25-104398.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.