- Capstone Green Energy Corp CGRN received a follow-on order for two signature series microturbines totaling 1.6 megawatts (MWs) for a bottling and packaging solutions provider in Mexico. The financial terms were not disclosed.
- The C1000S and C600S microturbines will be installed in a combined heat and power (CHP) application.
- Capstone's exclusive distributor DTC Solutions, for Mexico and Central America, secured the order, which is expected to be commissioned before year-end.
- The order includes a 10-year Factory Protection Plan (FPP) and a long-term service contract.
- Price Action: CGRN shares are trading higher by 8.25% at $3.15 on the last check Monday.
© 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
