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Gemma Power Systems Receives Notice to Proceed on a 1.2-GW Power Project in Texas

LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028

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NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.

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Industry News

DPL Begins Construction on 320 Megawatts

LCG, Oct. 2, 2000The holding company for utility Dayton Power & Light Co. said on Friday that it has begun construction on four electric generation units of 80 megawatt each. The 320 megawatts of new capacity constitutes phases three and four of DPL Inc.'s peaking generation expansion strategy

The natural gas-fired combustion turbines will be located in Pickaway County, Ohio, about 25 miles south of Columbus, and will be online in time for next summer's high demand, the company said, adding that all necessary state and local approvals have been granted.

" Our management team did an excellent job in working quickly through the siting process," saidAllen Hill, president and chief executive of DPL Inc. "With construction plans on track, we look forward to a solid return on this investment in 2001."

The project is being developed by DPL Energy, an unregulated merchant power subsidiary. When complete, DPL's four-phase power expansion will have added 800 megawatts of capacity for an investment of about $270 million.

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