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Stock Market & Financial Investment News

News Breaks
March 18, 2014
08:37 EDTCPSTCapstone Turbine receives orders for approximately 4 MW
Capstone Turbine announced it recently received multiple orders from E-Finity Distributed Generation for microturbines to be used for oil and gas operations in the Marcellus and Utica Shale regions. E-Finity Distributed Generation, Capstone's exclusive oil and gas distributor for the Marcellus and Utica Shale plays, secured the nearly 4 MW of orders from two of their current customers and one new customer. One of the repeat customers is once again turning to Capstone and E-Finity to power two of their compressor stations in West Virginia. Each compressor station will have two C600 Capstone Power Packages, providing both primary and backup power. Another follow-on customer of E-Finity, a major midstream company, selected a C800 power package as the three-phase power source for a new compression facility. Due to the construction schedule and remote location, the utility grid power was not a viable or cost effective option. The third order came from a new customer who has embarked on a venture to create a midstream system to move wet gas from the Utica Shale in Ohio to processing facilities along the Ohio River in West Virginia.
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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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