Key Developments: Capstone Turbine Corp (CPST.OQ)

CPST.OQ on NASDAQ Stock Exchange Global Market

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25 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Capstone expands footprint in indonesia with sale of C800 at a Cement Factory
Thursday, 17 Jul 2014 08:30am EDT 

Capstone Turbine Corp:Receives an order from Indonesia for Capstone C800 system to power cement factory in Balikpapan.Order was secured by Serba Dinamik, Capstone's exclusive distributor for Indonesia, Malaysia, and Brunei and is expected to be commissioned in Sept. 2014.After securing a steady supply of liquefied natural gas (LNG) to replace the high cost diesel fuel, the factory turned their attention to more reliable, efficient, cost effective and cleaner power generation option to replace their existing diesel reciprocating generation equipment.  Full Article

Capstone Turbine Corp secures order
Wednesday, 9 Jul 2014 08:30am EDT 

Capstone Turbine Corp:Received its first order in Oman from PipeLine Supply Company, the distributor for Oman and Qatar.  Full Article

Capstone Turbine Corp gives FY 2015 revenue guidance - Conference Call
Thursday, 12 Jun 2014 04:45pm EDT 

Capstone Turbine Corp:Says it will return to higher revenue growth rates in FY 2015, given the positive momentum that it is seeing in Europe, and the growth and traction it is getting in a number of other markets.FY 2015 revenue of $168 million - Thomson Reuters I/B/E/S.  Full Article

Capstone Turbine Corp receives follow-on orders for Fifty C65s
Wednesday, 4 Jun 2014 08:30am EDT 

Capstone Turbine Corp:Receives orders for fifty Capstone C65 microturbines for oil and gas customers in United States from Horizon Power Systems.  Full Article

Capstone Turbine Corp gives FY 2014 revenue guidance
Wednesday, 7 May 2014 08:30am EDT 

Capstone Turbine Corp:Expects FY 2014 revenue to be about $133.1 mln.FY 2014 revenue of $138.2 mln - Thomson Reuters I/B/E/S.  Full Article

Capstone Turbine closes equity offering
Wednesday, 7 May 2014 08:30am EDT 

Capstone Turbine Corp:Closes public offering of 18,825,000 shares of its common stock.Closing occurred on May 6.Stock was priced at $1.70 per share and allocated to a single institutional investor.Net proceeds were about $30.2 mln.  Full Article

Capstone Turbine Corp receives 5.2MW in orders from new Middle East and Africa distributor
Monday, 5 May 2014 08:30am EDT 

Capstone Turbine Corp:Says it recently received multiple orders from its new distributor Electro Mecanique Industries (EMI) for two flare reduction projects.Initial 5.2MW of orders secured by EMI will be utilized in a flare reduction capacity.  Full Article

Capstone Turbine Corp announces common stock offering
Thursday, 1 May 2014 08:31am EDT 

Capstone Turbine Corp:Enters int underwriting agreement to sell 18,825,000 shares of its common stock at price to public of $1.70 per share for gross proceeds of about $32 mln.Shares were allocated to single institutional investor.Offering is expected to close on or about May 6.Intends to use proceeds to fund general working capital requirements and for other general corporate purposes.Cowen and Company, LLC and FBR & Co. are acting as the book-running managers of the offering.Craig-Hallum Capital Group, LLC is co-manager of the offering.  Full Article

Capstone Turbine Corp receives orders from Taiwanese Distributor for palm oil processing plants
Wednesday, 2 Apr 2014 08:30am EDT 

Capstone Turbine Corp:Receives two orders totaling three megawatts (MW) to provide power to palm oil processing plants in Malaysia.  Full Article

Capstone Turbine Corp receives orders for about four megawatts from E-Finity for multiple oil and gas customers
Tuesday, 18 Mar 2014 08:30am EDT 

Capstone Turbine Corp:Says 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.Customer again selected Capstone's clean-and-green technology due to its continuous duty rating and the low emission levels and the lesser maintenance requirements of the product.Customer has also selected coverage offered by Capstone's Factory Protection Plan, which will provide 24/7, year-round maintenance for their turbines.Another follow-on customer of E-Finity, selected a C800 power package as the three-phase power source for a new compression facility.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.  Full Article

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