- Capstone Green Energy Corp CGRN distributor Horizon Power Systems has signed a 10-year Parts and Labor Factory Protection Plan (FPP) service contract for a C800S (800 kilowatts) Signature Series energy system installed at a remote gas compression station in Southeast New Mexico. Financial terms were not disclosed.
- The remote gas compression station replaced their out-of-date natural gas reciprocating engines with the Capstone Green Energy C800S energy system to handle the additional loads.
- Commissioned in October 2020, the C800S provides 24x7 prime power to the station's A/C loads with N+1 redundancy and also meets New Mexico's emissions requirements without additional after treatment.
- Price Action: CGRN shares traded higher by 5.02% at $4.66 on the last check Friday.
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