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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

Groundbreaking Imminent for Arizona Coal Generating Plant

LCG, Oct. 21, 2003--Work is scheduled to begin at the Springerville Generating Station on two new coal-fired units with combined capacity of 400 megawatts, according to Tri-State Generation and Transmission Association and Tuscon Electric Power Co. (TEP).

Units 3 and 4 are scheduled to come on-line in 2006, when Tri-State will lease the entire capacity, devoting 200 megawatts to load that will include some anticipated increases in demand in southwestern Colorado and New Mexico. TEP will purchase 100 megawatts through a power purchase agreement. The remaining 100 megawatts will be under contract to Salt River Project, based on a 30-year contract.

Operation of the new units will be undertaken by TEP, which owns and is responsible for units 1 and 2, which are also coal-fired. Deliveries of Powder River Basin coal will be made by way of the Burlington Northern Santa Fe railroad system.

Tri-State is a power cooperative supplying wholesale electricity to 44 consumer-owned cooperatives and public power districts in Colorado, New Mexico, Wyoming and Nebraska. Tuscon Electric Power, the main subsidiary of UniSource Energy Corp. and Arizona's second largest investor-owned utility, serves approximately 360,000 customers in southern Arizona.
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