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tz-plus logo Argan: Energy Infrastructure Specialist with Record Revenue - New Major Projects in Sight!

A. Zehetner
Reading Time: 3 minutes

Focus on Construction Projects: Argan is a holding company whose subsidiaries provide engineering, procurement, and construction (EPC) services for the energy sector. The business model focuses on the turnkey construction of gas power plants and renewable energy facilities. Data Centers as Drivers: Argan expects more large projects. With a new production facility in North Carolina, the growing demand from data centers is to be met. Record Revenue: Argan recorded a revenue growth of 50% in Q1 and has a backlog of orders amounting to 2.8 billion...

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