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Capstone Green Energy Receives Repeat Order from Leading Mexican Food Manufacturer for C1000S Microturbine CHP System

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Customer Expands on Successful First Installation to Further Enhance Efficiency and Sustainability in Oat-Based Food Production

LOS ANGELES--(BUSINESS WIRE)-- Capstone Green Energy Holdings, Inc. (the "Company” or “Capstone”) (OTCQX: CGEH), together with its subsidiaries, a leading provider of clean technology solutions using ultra-low-emission microturbine energy systems, today announced that a leading Mexican food manufacturer has placed a follow-on order, this time, for a single C1000 Signature Series microturbine system. The order was secured by DTC Machinery, Capstone’s exclusive distributor in Mexico and Central America and is expected to be commissioned in February 2026.

The new C1000S cogeneration system will be installed at the food manufacturer’s production facility in Jalisco, where it produces oat-based products. The system, installed by DTC, will generate both electricity and steam to meet the facility’s energy requirements for oat processing.

“As much as I appreciate every order that comes across our desk, follow-on orders are especially meaningful. They are a strong testament to our technology and our vision for delivering sustainable, clean energy solutions,” said Vince Canino, President and CEO of Capstone Green Energy. “These types of orders reinforce the confidence our customers place in our technology and in the partnerships that support successful deployments. After achieving strong performance and measurable savings with their first system, it’s an honor to support their expansion to a second site. This project demonstrates how our solutions help customers build a sustainable competitive advantage. Our plug-and-play design, combined with our ‘pay-as-you-grow’ modularity, aligns perfectly with their business expansion, enabling us to seamlessly meet their increasing power and thermal energy requirements.”

The customer, a recognized leader in the production and distribution of oat-based foods, granola, cereals, and nutritional ingredients, has been a benchmark in the Mexican food industry for more than three decades. In 2023, the company partnered with DTC Machinery to install Capstone’s C600S microturbine system in a CHP application, designed to optimize its industrial drying operations, one of the most energy-intensive steps in oat production. The system improved overall thermal performance by capturing and repurposing exhaust heat to displace the facility’s less efficient and higher emitting drying equipment.

Building on those results, the company is expanding its investment in Capstone’s technology with a second, higher-capacity system designed to deliver even greater efficiency and sustainability benefits. The new C1000S system will provide combined heat and power by generating both electricity and steam to support the facility’s growing energy demands for oat processing. Fueled by natural gas and featuring ultra-low emissions, the Capstone system will help the customer reduce energy costs, increase efficiency, and lower emissions, further reinforcing its commitment to sustainability.

“After seeing the excellent results of the first installation, both in energy performance and operational reliability, it was a natural progression for our customer to replicate that success,” said Alejandro Munoz Barba, Principal for DTC Machinery. “Capstone’s microturbines have proven to be dependable, low-maintenance, and cost-effective solutions for many industrial applications, especially in the high quality, high precision food processing industry.”

About Capstone Green Energy

For nearly four decades, Capstone Green Energy has been a leader in clean technology, pioneering the use of microturbines to revolutionize how businesses manage their energy needs sustainably. In collaboration with our global network of dedicated distributors, we have shipped over 10,600 units to 88 countries, helping customers significantly reduce their carbon footprints through high-efficiency, on-site energy systems and microgrid solutions.

Our commitment to a cleaner, more resilient energy future remains steadfast. Today, we offer a comprehensive range of microturbine products, from 65kW systems to multi-megawatt solutions, tailored to meet the specific needs of commercial, industrial, and utility-scale customers. In addition to our core microturbine technology, Capstone’s growing portfolio includes flexible Energy-as-a-Service (EaaS) offerings, such as build-own & transfer models, PPAs, lease to own, and rental solutions, which are designed to provide maximum value and energy security.

In our pursuit of cutting-edge energy solutions, Capstone has forged strategic partnerships to expand our impact and capabilities. Through these collaborations, we proudly offer advanced technologies that leverage renewable gas and heat recovery solutions, further enhancing the sustainability, efficiency, and reliability of our clients' operations. These integrated offerings reflect our commitment to building a cleaner, more responsible energy future.

For more information about the Company, please visit www.CapstoneGreenEnergy.com.

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts, such as statements concerning the anticipated commission date, expected system performance, and the future profitability and growth of the business. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as “plan,” “believe,” “goal,” “target,” “aim,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “should,” “would,” “will” and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of Capstone’s management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others, the Company’s ability to execute on its strategic initiatives to expand into new market verticals, including data centers; the Company’s liquidity position and ability to access capital; the Company’s ability to continue as a going concern; the Company’s ability to successfully remediate the material weakness in internal control over financial reporting; the Company’s ability to realize the anticipated benefits of its financial restructuring; the Company’s ability to comply with the restrictions imposed by covenants contained in the exit financing and the new subsidiary limited liability company agreement; the uncertainty associated with the imposition of tariffs and trade barriers and changes in trade policies; employee attrition (including the recent departure of the Chief Financial Officer) and the Company’s ability to retain senior management and other key personnel; the Company's ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil, natural gas and AI industries and other general business, industry and economic conditions; including the impacts of any changes in tariff policies and the impact of litigation and regulatory proceedings, and other risks described in the Company’s prior press releases and in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including under the heading “Risk Factors” in those filings, and other risks the Company may identify from time to time. Forward-looking statements contained herein are made only as to the date of this press release, and the Company assumes no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law.

Capstone Green Energy

Investor and investment media inquiries | ir@CGRNenergy.com

818-407-3628

Source: Capstone Green Energy Holdings, Inc.

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