Wednesday, April 18, 2012

Capstone Turbine Corp. (CPST) Completes Sale of 30 Additional C65 Microturbines to Multiple Oil and Gas Producers Operating in the Eagle Ford...

Capstone Turbine Corp. (CPST) Completes Sale of 30 Additional C65 Microturbines to Multiple Oil and Gas Producers Operating in the Eagle Ford Shale Play

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(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.

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