Argan's Gemma subsidiary gets full notice to proceed on 950 MW Ohio gas plant EPC contract

ARGAN INC

Gemma receives full notice to proceed on EPC contract for 950 MW gas-fired power plant in Lordstown, OH.
Contract with Clean Energy Future-Trumbull (consortium of KOSPO, KIND, Siemens Energy); Gemma has commenced project activities.
Plant will use two Siemens SGT6-8000H gas turbines, two HRSGs, and one steam turbine.
Project developer CEF expresses confidence in Gemma's track record for schedule and performance.

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