epc

Strengthens Balance Sheet and Demonstrates Confidence in Operations Enhances Financial Flexibility for Continued Strong Project Execution and Pursuit of New Opportunities New Capital Commitment Provided By Certain Existing Lenders and Shareholders HOUSTON, Nov. 18, 2020 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced that it has secured approximately $560 million in new capital […]

Company Sees Key Trends Shaping Wind Industry Over Next Five Years Minneapolis (September 17, 2020) – Mortenson entered the wind industry in 1995 with a single wind turbine project in Iowa. Twenty-five years later with projects that have spanned North America, the company stands today at the forefront of wind power ranked as one of […]

ROCKVILLE, Md.–(BUSINESS WIRE)–Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announced today that in late February 2020 its wholly owned subsidiary, Gemma Power Systems (”Gemma”), entered into an engineering, procurement and construction (“EPC”) services contract with ESC Brooke County Power I, LLC to construct Brooke County Power, a 920 MW natural gas-fired power plant, in […]

Taipei, Taiwan — Taiwan’s largest EPC contractor CTCI has been awarded an EPCC contract for Van Phong-1 1,320MW Thermal Power Plant BOT Project in Vietnam in cooperation with IHI Corporation, Toshiba Energy Systems & Solutions Corporation, and Doosan Heavy Industries and Construction Co., Ltd as consortium. The contract award marks a milestone for the company […]

CHATTANOOGA, Tenn., Sept. 26, 2019 /PRNewswire/ — Signal Energy, the Chattanooga-based leading engineering, procurement, and construction (EPC) firm in the renewable energy industry, has created a new subsidiary called Signal Energy DG to serve the distributed generation energy market. Distributed generation power is generated by energy sources like solar panels or wind turbines to create electricity […]

ROCKVILLE, Md.–(BUSINESS WIRE)–Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announced today that its wholly owned subsidiary, Gemma Power Systems (“Gemma”), received Notice to Proceed with engineering, procurement and construction activities under a contract for a 1,875 MW natural gas-fired power plant in Guernsey County, Ohio. Construction of this state-of-the-art combined cycle facility is scheduled […]

Power and energy construction projects are often complex and nearly always full of risks. On some jobs, miscalculating schedules and underestimating material expenses can result in hundreds of millions of

IRVING, Texas and FARNBOROUGH, UK (October 30, 2018) – Fluor Corporation (NYSE: FLR) announced today that it was awarded the engineering, procurement and construction of Valero Energy Corporation’s combined heat and power cogeneration project at its Pembroke Refinery in Wales, UK. Fluor booked the undisclosed contract value in the third quarter of 2018. “We are […]

GLASTONBURY, CT, and HERNDON, VA, June 26, 2018 – Gemma Power Systems, LLC (GPS) and Chickahominy Power, LLC have entered into an Engineering, Procurement and Construction (EPC) services contract to construct the Chickahominy Power Station, a 1,600 MW state-of-the-art natural gas-fired power plant, in Charles City County, Virginia. The facility is being developed by Balico, […]

Third Project Constructed for NTE Energy GLASTONBURY, Conn.–(BUSINESS WIRE)–Gemma Power Systems, LLC (GPS) has entered into an Engineering, Procurement and Construction (EPC) services contract with NTE Carolinas II, LLC, an affiliate of NTE Energy, to construct a 475 MW state-of-the-art natural gas-fired power plant in Rockingham County, North Carolina. The NTE Reidsville Energy Center is […]