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Tuesday, October 18, 2011

Argan, Inc.?s Wholly Owned Subsidiary Gemma Power Systems Signs EPC Contract for $165 Million Biomass-Fired Power Project

[Business Wire] - Argan, Inc. announced that its wholly owned subsidiary, Gemma Power Systems , has signed an engineer-procure-construct contract with East Texas Electric Cooperative, Inc. for an approximately $165 million contract to design and build a 49.9 MW, biomass-fired power plant near Woodville, Texas.

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