other material
confidence high
sentiment positive
materiality 0.65
Argan subsidiary Gemma Power Systems awarded subcontract for five 90 MW gas turbines at Louisiana LNG facility
ARGAN INC
- Gemma Power Systems entered into subcontract and received full notice to proceed on June 12, 2024.
- Scope includes installation of five 90 MW gas turbines for dedicated power supply to an LNG facility in Louisiana.
- Contract awarded to Gemma Power Systems, wholly owned subsidiary of Argan, Inc.