Capstone' Distributor Secures 2.4 Megawatt Order To Power Caribbean Resort

Capstone Green Energy Corp CGRN has secured an order for a Caribbean resort redevelopment project that includes 2.4 megawatts (MWs) of C800 Signature Series (C800S) microturbine energy systems. The financial terms of the contract were not disclosed.
The order was secured by E-Finity Distributed Generation, Capstone's exclusive distributor for the Mid-Atlantic and Southeastern U.S. and parts of the Caribbean, and is expected to be commissioned in the Spring of 2022.
The new power plant is expected to provide all of the resort's power while potentially generating electric cost savings and reducing the resort's carbon footprint.
Price Action: CGRN shares are trading lower by 0.79% at $5.00 on the last check Monday.