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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.
News For CPST From The Last 14 Days
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November 24, 2014
08:39 EDTCPSTCapstone Turbine secures order from Memorial Sloan Kettering Cancer Center
Capstone Turbine announced that it received another order from the healthcare industry for a C1000 microturbine to upgrade the Memorial Sloan Kettering Cancer Center in New York City, New York. Earlier this year Capstone received orders for two C800s and a C1000 to be installed in two Southern California area hospitals. RSP Systems, Capstone's distributor for New York, secured the order, which is scheduled to ship in mid 2015 and be commissioned in early 2016.
November 10, 2014
08:50 EDTCPSTCapstone Turbine secures C1000 order to upgrade pasta factory in Sicily
Capstone Turbine announced that it received an order for a C1000 microturbine to upgrade a food manufacturing facility for Sicilian pasta maker Tomasello. IBT Group, Capstone's Italian distributor, secured the order through Onda Energia, the local multi-utility energy service company, or ESCO, in Sicily. Tomasello's microturbine installation will work in parallel with the region's utility grid, providing improved energy management and reliability to the food manufacturer. The project is expected to be commissioned in early 2015.

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