Item 8.01. Other Events.
On January 7, 2020, Argan, Inc. ("Argan") issued a press release announcing that
its wholly owned subsidiary, Gemma Power Systems, recently entered into an
engineering, procurement and construction services contract with Harrison Power,
LLC ("Harrison Power") to construct a 1,085 MW natural gas-fired power plant in
Harrison County, Ohio. The project is being developed by EmberClear, the parent
company of Harrison Power. Construction activities for the facility are
scheduled to begin in 2020. Argan anticipates adding the value of this contract
to project backlog closer to the project's expected start date.
A copy of Argan's press release is attached to this report as Exhibit 99.1 and
is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release issued by Argan on January 7, 2020
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