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Argan, Inc. announced that its subsidiary, Gemma Power Systems, has signed a contract with Sandow Lakes Energy Company (SLEC) to build a 1.2 GW natural gas power plant in Lee County, Texas. The plant, owned by a SLEC subsidiary, will provide electricity for 800,000 homes within ERCOT. Construction is set to begin this summer and is expected to be completed by 2028. Charles E. Collins, IV, Chief Executive Officer of Gemma, said “We’re pleased to have this opportunity to work with SLEC on this substantial project. There is undoubtedly a critical need to bring more power facilities online to support our power grids in meeting the exponentially growing demand for reliable, high-quality energy. Our team brings proven expertise and a track record of operational execution with the goal of exceeding customer expectations and delivering project success.” This power station will use two Siemens Energy SGT6-9000HL gas turbines, known for their advanced technology. These turbines offer high power output, excellent fuel efficiency, and can run on hydrogen with small equipment adjustments. They will ensure reliable electricity for the region while helping reduce carbon emissions. |
