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Stock Market & Financial Investment News

News Breaks
February 6, 2013
08:41 EDTCPSTCapstone Turbine receives follow-on order for 30 C65s from U.S. oil, gas company
Capstone Turbine announced that it continues to expand its presence in the Eagle Ford Shale Play with another follow-on order for 30 C65 microturbines from a U.S.-based oil and gas exploration and production company. The oil and gas exploration and production company's operations are located primarily in the U.S. with natural-gas exploration and production onshore in the lower 48 states, onshore in Alaska, and offshore in the deep waters of the Gulf of Mexico. This latest order brings their total C65 fleet to approximately 150 microturbines. Most of the C65 units were purchased by the oil and gas producer's production division and are utilized for lease automatic custody transfer units. In addition, the company's mid-stream division has previously purchased seven C600s and one C800 making the company one of the largest Capstone users in North America. Capstone distributor Horizon Power Systems secured this follow-on order to support the exploration and production company's growing power needs in the Eagle Ford shale play.
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August 28, 2015
17:32 EDTCPSTCapstone Turbine files to sell $30M of common stock 'at-the-market'
On August 28, Capstone Turbine entered into a Sales Agreement with Cowen and Company with respect to an at-the-market offering program pursuant to which the company may offer and sell, from time to time at its sole discretion, shares of its common stock, $0.001 par value per share, having an aggregate offering price of up to $30M through Cowen as its sales agent.

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