other material
confidence high
sentiment positive
materiality 0.60
Argan subsidiary Gemma Power Systems lands EPC contract for 700 MW natural gas plant
ARGAN INC
- Gemma Power Systems received full notice to proceed on EPC contract for ~700 MW combined-cycle gas plant.
- Contract value will be added to project backlog in quarter ending January 31, 2025.
- No specific contract value was disclosed in the filing.
- The plant is located in the United States.