Argan’s Gemma Power gets go-ahead on 1,000-MW Moxie Freedom plant

Argan (NYSE: AGX) said Nov. 10 that its wholly owned subsidiary, Gemma Power Systems, has received from Moxie Freedom LLC a full notice to proceed with engineering, procurement and construction (EPC) activities for a 1,000-MW combined-cycle plant to be located in Luzerne County, Pa.

Construction on the $800 million facility will begin this year with completion scheduled in 2018.

“We’re excited to continue our relationship with Moxie Freedom and we look forward to constructing another large scale, state of the art power facility in Pennsylvania,” said Argan Chairman and CEO Rainer Bosselmann.

Argan’s primary business is designing and building energy plants through its Gemma Power Systems subsidiary. The power project is owned by Moxie Freedom Holdings, a subsidiary of Moxie Energy and Caithness Energy.

The Moxie Freedom project features two identical single shaft power trains consisting of General Electric 7HA.02 combustion turbines, heat recovery steam generators (HRSG), steam turbines and generators. The plant will have selective catalytic reduction for NOx control and an oxidation catalyst to reduce CO2 and volatile organic compound emissions. The plant will be fueled exclusively by natural gas.

This project joins two 800-MW facilities developed by Moxie that are currently under construction by Gemma in northeastern Pennsylvania. The twin 800-MW projects, owned by Panda Power Funds, are Panda Liberty in Towanda and Panda Patriot in Montgomery. All three power facilities are specifically developed and sited to take advantage of the Marcellus Shale natural gas play.

The Pennsylvania Department of Environmental Protection (DEP) issued an air permit for the power plant in September.  Moxie plans to sell power into the PJM Interconnection marketplace.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.