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Stock Market & Financial Investment News

News Breaks
August 19, 2014
08:42 EDTCPSTCapstone Turbine expands CHP footprint in Russian manufacturing sector
Capstone Turbine announced it has expanded its presence in Russia's manufacturing sector with two ultra-high efficiency combined heat and power, or CHP, projects. Capstone continues to grow its business in Russia despite geopolitical tensions and the latest round of U.S. and Russian sanctions. The two most recent CHP project installations illustrate the ongoing Capstone growth in Russia's manufacturing sector as BPC continues to add to its over 1500-unit Capstone fleet. The U.S. Treasury recently imposed additional sanctions prohibiting U.S. persons from providing new financing to three major Russian financial institutions. For Capstone's purposes, as a result of these new sanctions, U.S. entities cannot transact in, provide financing for, or otherwise deal in new debt of longer than 90 days maturity or new equity with Bank of Moscow, Russian Agricultural Bank, and VTB Bank OAO.
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.

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