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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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January 29, 2015
08:33 EDTCPSTCapstone Turbine receives follow-on order for fifteen C65s from Horizon Power
Capstone Turbine announced that it recently received an order for fifteen C65 microturbines for shale oil and gas customers in the United States. Horizon Power Systems, Capstone's exclusive oil and gas distributor for the Eagle Ford, Permian, Barnett, Mancos, San Juan, and Wattenberg Shale plays, secured the order to support the continued success in the U.S. shale oil and gas market, despite the recent oil price decline. The order will serve various facets of the shale oil and gas production process including the powering of central processing stations, metering stations, well-head operation, and flare reduction.

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