Argan

Gemma Power Systems, a subsidiary of Argan Inc., received full notice to proceed on an EPC contract with CPV Basin Ranch Holdings for the 1,350 MW CPV Basin Ranch Energy Center in Ward County, Texas. Construction is expected to begin in fall 2025 with completion in 2028.

Argan's subsidiary Gemma Power Systems received full notice to proceed on an EPC contract with CPV Basin Ranch Holdings for the 1,350 MW CPV Basin Ranch Energy Center in Ward County, Texas, featuring GE 7HA.03 turbines and carbon capture capability, with completion scheduled for 2028.

Gemma Power Systems, a subsidiary of Argan, received full notice to proceed on an EPC contract with CPV Basin Ranch Holdings for the 1,350 MW CPV Basin Ranch Energy Center in Ward County, Texas. Construction is expected to begin in fall 2025 with completion in 2028.