Argan (NYSE:AGX) (NYSE: AGX) is a holding company that provides professional technical and management services to the power generation and renewable energy industries. Through its wholly owned subsidiaries, the company delivers engineering, procurement and construction management (EPCM), commissioning and operations and maintenance (O&M) services for a broad range of energy facilities. Argan focuses on projects for utility, industrial and municipally owned clients, helping to bring efficient thermal and renewable energy plants into operation and maintain optimal performance over the asset life cycle.
The company’s principal subsidiaries include Gemma Power Systems, which specializes in turnkey construction of combined-cycle, simple-cycle, cogeneration and renewable energy plants; Atlantic Projects Company, which provides electrical balance-of-plant, control systems, instrumentation and commissioning services; and Infrastructure Solutions, which offers industrial maintenance, outage support and modification services. Together, these businesses support the development, startup and long-term reliability of power plants across fossil-fuel, solar and other emerging technologies.
Founded in 1984 and headquartered in Rockville, Maryland, Argan has completed numerous projects primarily in the United States, with select assignments in international markets. Over its history, the company has built a track record of managing complex construction schedules, adhering to rigorous safety and quality standards, and fostering collaborative relationships with equipment manufacturers, engineering firms and end-use customers.
Argan’s leadership team, headed by President and Chief Executive Officer F. John Kelly Jr., emphasizes strategic growth in the energy transition space. The company continues to leverage its engineering expertise, turnkey construction capabilities and O&M platform to address evolving client needs for cleaner and more flexible power generation solutions.
