Capstone Green Energy Bags Follow-On 2 MW Order

by Akanksha Bakshi, Benzinga Editor
August 29, 2022 11:28 AM | 1 min read |
  • Capstone Green Energy Corp CGRN has received a follow-on 2 MW order from a privately held company.
  • The new Capstone Direct Sales team secured the follow-on order, which will be commissioned later this year.
  • "Expanding our business with multibillion-dollar global companies such as this is a key charter of the Capstone Direct Sales team, as that customer category presents an excellent opportunity to expand our relationship and generate more frequent and larger orders," stated Marc Rouse, Capstone Green Energy's Sales Director.
  • CGRN hopes to continue to provide additional power generation needs and assistance in this customer's goals of reducing carbon footprint and energy costs.
  • Price Action: CGRN shares are trading higher by 1.22% at $2.49 on the last check Monday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Posted In: EarningsNewsPenny StocksContractsBriefs
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!