Argan Signs $51M EPC Contract With Invenergy

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Argan Inc. says its wholly owned subsidiary Gemma Power Systems, through its wholly owned subsidiary Gemma Renewable Power LLC, has signed an approximately $51 million engineering, procurement and construction (EPC) contract with Bishop Hill Energy LLC, a wholly owned subsidiary of Invenergy Wind North America LLC, to design and build a 200 MW wind farm in Henry County, Ill.

The Bishop Hill wind farm is expected to comprise up to 134 GE wind turbines. Gemma Renewable Power will design and construct the roads, foundations and electrical collection systems, as well as erect the towers, turbines and blades. The project is anticipated to be completed in late 2011.

SOURCE: Argan Inc.

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