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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

Wind Farm Possible at Montana Mine

LCG, Sep. 16, 2002--A windpower developer that previously bid unsuccessfully to supply power to Montana's NorthWestern Energy is still pursuing a project in the state, at the Golden Sunlight Mine.

The company, Northern Alternative Energy, is studying the possibility of building a 50-megawatt installation made up of about 28 turbines. A Jefferson County economic development oficial, Scott Mendenhall, has been in discussion with the developer. "This is something everyone can support, he said....We need to jump on this as a state."

By seeking the support of the Public Service Commission to provide energy to customers who do not choose an electrical provider, the company president, John Jaunich, is aiming to secure qualifying facility status for his investment. A federal production tax credit would result if the Public Service Commission agrees.

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