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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

WPS to Build Coal Plant in Wisconsin

LCG, Sep. 26-Wisconsin may see a new 500-megawatt coal-fired power generator, if Wisconsin Public Service Corporation moves on its construction plans.

Yesterday WPS announced plans to build a $650-700 million coal generator at its established Weston site; the generator would become the fourth unit at the plant, which currently has 435 megawatts of capacity.

The corporation's intentions are unusual because most recent power projects in the energy sector have been gas-fired and many power companies have been canceling or postponing generator construction because of unfavorable market conditions.

The plans must pass at least one year's worth of permitting, and the plant, if approved, might be online as soon as 2008.

WPS serves 475,000 customers in the Midwest.

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