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Stock Market & Financial Investment News

News Breaks
August 18, 2014
08:39 EDTCPSTCapstone Turbine receives 9MW factory protection plan contract
Capstone Turbine announced that it has signed a Factory Protection Plan, or FPP, contract for nine C1000s increasing the total contract backlog for Capstone FPPs to a record of over $55M. This $55M in service backlog is in addition to the record $175M product backlog as of June 30. Horizon Power Systems, a leading energy supplier in the Oil and Gas market boasting a fleet of over 600 Capstone microturbines in operation, secured the FPP service contract to cover a major oil and gas producer's nine Capstone C1000 power packages at multiple locations.
News For CPST From The Last 14 Days
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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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