- Capstone Green Energy Corp's CGRN exclusive distributor for Australia, Optimal Group signed a new 5-year Factory Protection Plan (FPP) service contract for a Capstone Signature Series C1000S 100% butane-fueled system already installed in Australia.
- The Capstone Signature Series C1000S is owned and operated by Australia’s AGL Energy Ltd. AGLXY.
- According to Optimal Group's calculations, this installation will return a savings of approximately $0.60 million annually compared with the previous mid-1980s reciprocating internal combustion engines.
- The program also shields end-use customers from future cost increases associated with replacement spare parts, import tariffs and commodity pricing in a supply-strained world.
- Price action: CGRN shares are trading lower by 4.36% at $4.83 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
