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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

Entergy Texas Proposes 993-MW Combined-Cycle Plant in Texas

LCG, October 12, 2016--Entergy Texas submitted an application Friday to the Texas Public Utility Commission for approval to build a natural gas-fired power plant in Southeast Texas. The 993-MW combined-cycle project is estimated to cost approximately $937 million. Given timely approval, construction is anticipated to begin in early 2019. Operations are scheduled to commence in 2021.

Entergy expects the additional electric generating capacity will be needed to meet a 700-MW supply shortfall forecast in 2021. Given load growth, aging power plants, and expiring power supply contracts, the shortfall is expected to increase to 1,200 MW by 2022.

Entergy Texas' president and CEO stated, "We are planning for the future. As utilities, we have to look way, way far in advance."

The proposed electric generating facility would be built just west of Willis, where the company already has a small facility.
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