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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

Madison Plant Construction Begins

LCG, Oct. 15, 2003--A 150-megawatt power plant that will be jointly owned by the utility Madison Gas and Electric Co. and the University of Wisconsin is officially under construction beginning today.

The plant will provide power to the university and the city of Madison, as well as steam and chilled water to the UW-Madison campus. The facility will boost local generation, whereas currently 85 percent of area power needs are met through imports, according to MGE's Steve Kraus.

Wisconsin Gov. Jim Doyle was scheduled to appear at a ceremony today, and to speak on streamlining the approval process and providing economic incentives for construction of more new power plants. The groups Friends of Responsible Energy (FORE) and Madison Physicians for Social Responsibility have voiced disapproval over the failure of MGE to incorporate $6 million worth of pollution control technology into the plant, which they say will result in an unnecessary airborne health hazard.
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