Key Developments For Capstone Turbine Corp
Capstone Turbine Corp (CPST.O) (Consolidated Issue listed on NASDAQ Global Market)
Capstone Turbine Corporation $3.0 Million In Follow On Orders From Two Oil and Gas Customers
Capstone Turbine Corporation announced it received follow on orders from two oil and gas customers. The total value of the two follow on orders is approximately $3.0 million for forty-two C30s, one C600 and one C1000. Both of the orders are scheduled for shipment before the end of Capstone's year end on March 31, 2010. One order is from Aquatec-Maxcon Pty Ltd, Capstone's distributor for the Australian market. The order is for C30 microturbines that will be used in a large coal seam gas exploration and production project in Australia. The second order received was from Capstone's distributor, Pumps & Service, for one C1000 and one C600. This is a follow-on order to the first two C600's sold for use in the oil and gas industry in July 2009.
Capstone Turbine Corporation Expands Distribution Into Middle East
Capstone Turbine Corporation has named Al-Nasr International LLC its distributor in the United Arab Emirates. For Capstone, Al-Nasr will sell and install Capstone turbines and microturbines in oil and gas, turbo electric and power applications throughout the seven-state UAE.
Capstone Turbine Corporation Receives Order For Two C800 Microturbines For CHP In Colombian Office Building
Capstone Turbine Corporation announced that it has received an order for two C800 microturbine systems for a new 10 story building in Bogota, Colombia. The total order value is approximately $1.5 million and is the first sale of Capstone C800 microturbines in Colombia and the second recent order in South America after last month's announcement of three C800 microturbines to a large waste water treatment plant in Brazil. The ultra low emission C800 microturbines will provide base load electrical power for the building as well as thermal energy for a hot water fired absorption chiller supplying building air conditioning.
Capstone Turbine Corporation Names New Distributor In Mexico and Immediately Receives Order For Four C30 C1D2 Microturbines For Offshore Platforms In Gulf Of Mexico
Capstone Turbine Corporation announced that it named Industrias Energeticas as Capstone's newest distributor in Mexico and subsequently received an order for four C30 C1D2 microturbine systems for offshore oil platforms in the Gulf of Mexico. The total order exceeds $500,000 and is the latest in a series of orders for the low-emission Capstone product that is specially designed for hazardous Class 1, Division 2 environments.
Capstone Turbine Corporation Receives Order For Three C800 Microturbines for Brazilian Wastewater Treatment Plant
Capstone Turbine Corporation announced it received an order for three C800 microturbine systems for a large wastewater treatment plant in Brazil. The total order value is in excess of two million dollars and is the first sale of Capstone C800 microturbines in South America. Fluxo Servicios de Petroleo, Capstone's distributor in Brazil, ordered the three C800 microturbines for a wastewater treatment plant that serves two cities and millions of residents. The microturbines will run on methane created during the treatment process.
