MissionIR's  Instablog

Send Message
We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
My company:
My blog:
MissionIR Blog
  • Capstone Turbine Corp. (CPST) Completes Sale Of 30 Additional C65 Microturbines To Multiple Oil And Gas Producers Operating In The Eagle Ford Shale Play 0 comments
    Apr 18, 2012 2:16 PM | about stocks: CPST

    Capstone Turbine, a global clean technology manufacturer of microturbine energy systems, announced today the continued expansion of its presence in the Eagle Ford Shale Play with the sale of 30 additional C65 microturbines.

    This follow-on order was secured by Capstone distributor Horizon Power Systems (Pumps & Service) to support the growing power needs of multiple users. This latest order of 30 low-emission C65 microturbines brings Capstone's sale totals to more than 150 units in the last nine months. Most of the 150 microturbines will operate using natural gas, generating prime power that is clean and green for Lease Automatic Custody Transfer (LACT) units and transfer stations at remote well sites in the Eagle Ford Shale Play.

    Capstone's oil and gas sales are rapidly increasing and equaled around 60 percent of the company's total revenue through the first three quarters of fiscal 2012. These multiple follow-on orders, along with a recent 10 MW order for C1000 Series products, indicates that Capstone's innovative technology is increasingly becoming a chosen source for meeting customers' high-caliber power needs.

    Capstone Turbine is a leading global producer of low-emission microturbine systems. Capstone was the first company to market microturbine energy products that were commercially viable. The company has shipped more than 6,500 of its award-winning Capstone MicroTurbine(NYSE:R) systems to customers across the globe. Capstone is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, focused on improving the overall efficiency of the country's energy infrastructure and also reducing pollutant emissions and greenhouse gases. Capstone is additionally a UL-Certified ISO 9001:2008 and ISO 14001:2004 certified company.

    For more information, visit www.capstoneturbine.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: CPST
Back To MissionIR's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.