Question · Q3 2026
Austin Wang asked for a qualitative breakdown of the quarter's bookings, specifically the CPV Basin Ranch and 860 MW Texas projects, including insights into pricing. He also inquired about Argan's broad geographical opportunity set for gas generation beyond Texas, such as in West Virginia or the Eastern Seaboard.
Answer
President and CEO David Watson expressed excitement for the new Texas projects, explaining that pricing depends on various factors like risk assumption and equipment purchase, making a one-size-fits-all per-kW pricing difficult. Geographically, Mr. Watson highlighted continued opportunities in the PJM region, including West Virginia, Ohio, and Pennsylvania, where improved auction pricing is encouraging gas plant development. He noted that Argan is very familiar with this region and would be pleased to continue working there.
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