Fundz
Real-time · AI · Cross-signal

Discover the power of real-time signals plus AI

Every contract, funding round, exec hire, and M&A move on ARGAN — with verified, ICP-scored contact reveals (email + mobile) on demand.

Trusted by founders, sales teams, recruiters, and investors at firms like BlackRock, Oracle, Kleiner Perkins, and HubSpot.

See plansBook a 15-min walkthrough
▶
Watch the 2-minute tour · with sound

Gemma Power Systems Signs EPC Contract for 1.2 GW Power Project in Texas

Feb 06, 2025•over 1 year ago

Contract Type

contract

RockvilleMobileScience And Engineering

Description

Argan, Inc. (NYSE: AGX) through its subsidiary, Gemma Power Systems, has entered into an engineering, procurement and construction (EPC) services contract with Sandow Lakes Energy Company, LLC for the development of a 1.2 GW ultra-efficient natural gas-fired plant in Lee County, Texas. The project aims to supply power to 800,000 homes within the Electric Reliability Council of Texas (ERCOT) and is expected to commence construction this summer with an anticipated completion date in 2028.

Company Information

Company

ARGAN

Location

Rockville, Maryland, United States

About

ARGAN is the only French real estate investment trust focused on the development and leasing of premium warehouses, listed on Euronext. It specializes in pre-leased, energy-producing warehouses tailored for major clients, assisting them throughout the development and leasing phases. As of June 30, 2025, ARGAN's portfolio includes 3.7 million square meters of warehouses valued at €4.0 billion.

Predictive Intelligence
Strategic

ML-powered predictions for ARGAN's next move

Learn about Strategic plan

Related People

Suggested for you

Sign in to view contact details

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months