Argan's subsidiary, Gemma, will proceed with the EPC contract with Sandow Lakes Energy Company (SLEC) for the development of a 1.2 GW gas-fired CCGT power plant in Lee County, Texas (United States). The project’s construction is expected to start in mid-2025 close to the Matterhorn natural gas pipeline, with an expected completion date in 2028. The 1.2 GW power project will consist of two Siemens Energy SGT6-9000HL gas turbines and will operate within the Electric Reliability Council of Texas (ERCOT).
Gemma Power Systems, a wholly owned subsidiary of Argan, is an EPC services company providing innovative solutions for the power industry, including the renewable energy sector. It has 15 GW of installed capacity including CCGT and simple-cycle gas-fired power plants, biomass-fired power plants, solar facilities, wind parks, biofuel plants and other environmental facilities.
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