Capstone to Upgrade U.S. Federal Government Headquarters in Washington, DC
January 25 2016 - 8:30AM
Capstone Turbine Corporation (www.capstoneturbine.com)
(Nasdaq:CPST), the world's leading clean technology manufacturer of
microturbine energy systems, announced today that it received an
order for side by side C800 and C200 microturbines to be used in a
combined heat and power plant application at a United States
Federal Government headquarters building in Washington, DC.
E-Finity Distributed Generation, Capstone’s distributor for the
Mid-Atlantic and Southeastern United States, secured the order,
which is expected to be commissioned later this year.
The C800 and C200 microturbines will provide a combined 1MW of
power and help to offset the building’s electrical load. The waste
heat from the exhaust will be used to generate 315 tons of chilled
water for the building’s cooling system. This project will help
support the U.S. Federal Government in meeting its sustainability
goals through innovative cogeneration measures.
“We are beginning to see repeat customers in the commercial and
industrial market segment that see the value of combined heat and
power to meet sustainability goals and lower their operating
costs,” said Tom McGeehan, Director of Sales for Commercial
Projects at E-Finity Distributed Generation.
The customer, a multi-national Energy Services Company (“ESCO”),
selected Capstone’s clean-and-green microturbine technology in
order to reduce the government’s carbon footprint and provide 24x7
power and chilled water for cooling to the building.
E-Finity’s sales and applications team was able to configure the
U.S. Federal Government’s installation in order to meet limited
space requirements. The non-traditional setup of the C800 and C200
microturbines side by side demonstrates the technology’s ability to
adapt to and meet customer needs.
“Capstone is thrilled to be able to serve the U.S. Government by
providing it the tools it needs to effectively meet its
sustainability goals,” said Jim Crouse, Executive Vice President of
Sales and Marketing at Capstone Turbine. “We are in full support of
these measures to reduce energy and water consumption in the United
States,” added Mr. Crouse.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com)
(Nasdaq:CPST) is the world's leading producer of low-emission
microturbine systems and was the first to market commercially
viable microturbine energy products. Capstone Turbine has shipped
over 8,600 Capstone Microturbine systems to customers worldwide.
These award-winning systems have logged millions of documented
runtime operating hours. Capstone Turbine is a member of the U.S.
Environmental Protection Agency's Combined Heat and Power
Partnership, which is committed to improving the efficiency of the
nation's energy infrastructure and reducing emissions of pollutants
and greenhouse gases. A UL-Certified ISO 9001:2008 and ISO
14001:2004 certified company, Capstone is headquartered in the Los
Angeles area with sales and/or service centers in the New York
Metro Area, United Kingdom, Mexico City, Shanghai and
Singapore.
The Capstone Turbine Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6212
This press release contains "forward-looking statements," as
that term is used in the federal securities laws, about the
advantages of our products, growth of the combined heat and power
market and sales to the U.S. federal government. Forward-looking
statements may be identified by words such as "expects,"
"objective," "intend," "targeted," "plan" and similar phrases.
These forward-looking statements are subject to numerous
assumptions, risks and uncertainties described in Capstone's
filings with the Securities and Exchange Commission that may cause
Capstone's actual results to be materially different from any
future results expressed or implied in such statements. Capstone
cautions readers not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Capstone undertakes no obligation, and specifically
disclaims any obligation, to release any revisions to any
forward-looking statements to reflect events or circumstances after
the date of this release or to reflect the occurrence of
unanticipated events.
"Capstone" and "Capstone MicroTurbine" are registered trademarks
of Capstone Turbine Corporation. All other trademarks mentioned are
the property of their respective owners.
CONTACT: Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com
INVESTORS:
Dian Griesel Int’l
Cheryl Schneider/Tom Caden
212-825-3210
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