other material
confidence high
sentiment positive
materiality 0.75
Argan subsidiary wins EPC contract for 300 MW biofuel plant in Ireland
ARGAN INC
- Atlantic Projects Company signs EPC contract with SSE Thermal for Tarbert Next Generation Power Station in County Kerry, Ireland.
- Plant will use Ansaldo Energia AE94.3A turbine running on 100% sustainable biofuels, convertible to hydrogen.
- Full contract value added to Argan's backlog for fiscal year ended January 31, 2025.
- Enabling works underway; full construction later in 2025, planned completion end of 2027.