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home / news releases / CPST - Capstone wins order for Saudi Arabia's first industrial microturbine installation

CPST - Capstone wins order for Saudi Arabia's first industrial microturbine installation

Capstone Green Energy
Capstone Turbine (CPST) +10.3% pre-market on news it won an order for a low emission Capstone C400 Signature Series microturbine system to be installed at a Ma'aden Aluminum smelting operation in Saudi Arabia; financial terms are not disclosed.Capstone says the stand-alone microturbine is expected to power all-electric equipment at a remote operation near the border of Saudi Arabia and Kuwait while running on locally available liquefied petroleum gas.The company says the order marks the first industrial microturbine installation in Saudi Arabia and holds the potential for additional projects with Ma'aden Aluminum at nearby sites.

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Capstone wins order for Saudi Arabia's first industrial microturbine installation
Stock Information
Company Name: Capstone Green Energy
Stock Symbol: CPST
Market: NASDAQ
Website: capstonegreenenergy.com
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