Under the terms of the OEM agreement Capstone
anticipates selling eight systems in the first year, twenty four in the second year and forty in the third year.
The GSC Group case represents the best of what Capstone
does as a firm for its clients every day.
The blackout arrives at an opportune moment for Capstone
as shares of the company have been languishing near $1.
As a result, many of our clients have directed Capstone
to apply for dividends out of excess regulatory assets while the qualifying dividend rates are at an attractive 15%," explains Stewart Feldman, CEO and General Counsel for Capstone
CHATSWORTH - Capstone
Turbine's chairman and chief executive officer, Ake Almgren, plans to retire - a move announced Monday in conjunction with the manufacturer's United Technologies partnership and a $10 million stock repurchase program.
The C200 product provides the same benefits of ultra low exhaust emissions, low noise emissions, low maintenance costs and industry leading reliability which have become the signature of all Capstone
manufactures low maintenance microturbine power generators with a single rotating shaft supported by its patented air bearing technology.
was also a finalist for Deloitte & Touche's 2001 Los Angeles Technology Fast 50 program due to percentage growth in revenue.
I am more firmly a believer in Capstone
and opportunities in the distributed generation than ever before,'' Watts said in a prepared statement.
This agreement offers Capstone
the opportunity to leverage Sobono's broad capabilities throughout the Asia Pacific," said Jim Crouse, Capstone
Turbine Corporation's Executive Vice President, Sales and Marketing.
The order is the latest in a string of new orders Capstone
has received in recent months from several large oil and gas companies for its C65, C200 and C1000 microturbines.
market for distributed generation, energy efficiency and renewable biogas solutions to Capstone
By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Capstone
to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
Seventeen physicians completed the eight-day Capstone
earning the Certificate in Medical Management.
Keith Field, a spokesman for the Chatsworth company, said certain engine components weren't manufactured properly and Capstone
is attempting to have the problem resolved by the end of the month.