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Capstone Energy+ Inc. reports developments in behind-the-meter microturbine energy systems for industrial and commercial customers. The company, formerly Capstone Green Energy Holdings, provides clean distributed-power solutions, including Signature Series microturbines used in combined heat and power, waste heat recovery, on-site generation, microgrid and renewable gas applications.
Recurring updates cover customer orders, distributor-led deployments, project commissioning, quarterly results, financing transactions and capital-structure changes. News items include C800S and C1000S microturbine installations for hospitality, natural gas infrastructure, food manufacturing and renewable energy facilities, as well as strategic investment activity, ownership of the operating subsidiary and initiatives tied to data center power demand.
Capstone Green Energy Holdings (OTCID: CGEH) has secured a follow-on order through its distributor E-Finity for three C65 microturbines from a leading U.S. natural gas producer. The order will expand the customer's Capstone fleet to over 150 units in the Marcellus Shale region, making it one of the largest microturbine fleets in the country.
The pre-commissioned skid features E-Finity's m-TIM controller and is designed for same-day connection and startup. The system is pre-engineered to accommodate a fourth C65 microturbine for future expansion and will be powered by on-site pipeline natural gas. Commissioning is scheduled for October 2025.
Capstone Green Energy (OTCID: CGEH) has signed a strategic Memorandum of Understanding (MOU) with Microgrids 4 AI (MG4AI) to develop sustainable infrastructure solutions for AI data centers. The partnership will combine Capstone's microturbine technology with MG4AI's modular AI infrastructure to deliver grid-independent computing solutions.
The collaboration focuses on integrating Capstone's Combined Cooling and Power (CCP) systems with MG4AI's containerized compute pods, enabling deployments up to 600kW per rack. MG4AI specializes in modular AI-ready infrastructure for edge data centers under 20MW, offering solutions that bypass traditional utility constraints and reduce operating costs through advanced liquid cooling technology.
[ "Strategic partnership positions Capstone to enter the growing AI infrastructure market", "Solution enables customers to bypass multi-year grid upgrade delays", "Technology scales from 140kW to 600kW per rack", "Integration offers reduced power and cooling costs for customers" ]Capstone Green Energy (OTCID:CGEH) has secured a significant 5.8 megawatt (MW) follow-on order for natural gas-fueled microturbines from a major food manufacturer in Mexico. The order, secured through distributor DTC Machinery, will support several large-scale food production facilities producing corn-based products.
The combined heat and power (CHP) application will provide clean electricity for manufacturing processes while harnessing turbine exhaust for dehydration. This integrated solution aims to optimize resources, reduce costs, and lower carbon emissions. The order represents an expansion of an existing successful installation, demonstrating customer satisfaction with Capstone's technology.
Capstone Green Energy (OTCID: CGEH) announced the installation of a new high-efficiency Combined Heat and Power (CHP) microturbine system at Hotel RIU Plaza Chicago. The installation, completed in July 2025, features three C65 ICHP microturbines and marks RIU's fourth Capstone project following successful implementations in New York and Toronto.
The system delivers on-site electricity and hot water generation, supported by gas compressors and Vergent Energy Plant Controller with remote monitoring. Leveraging federal and utility incentives, the project is expected to achieve payback in just over one year. This installation demonstrates RIU's commitment to sustainability, operational cost savings, and energy resilience across its North American properties.
Capstone Green Energy Holdings (OTCID: CGEH) has announced the election of Robert F. Beard to its Board of Directors, effective August 12, 2025. Beard, who will serve as a Class I Director and member of both the Audit Committee and Compensation and Human Capital Committee, brings over 35 years of energy industry experience.
As former COO of UGI Corporation and CEO of UGI Utilities, Beard has significant expertise in strategic planning, capital budgeting, M&A, and executive compensation. His notable achievements include executing multi-billion dollar capital investments and directing a $1.3 billion midstream acquisition. Currently, he serves on the Board of Directors for Black Hills Corporation and holds various leadership positions, including Chair of the Finance and Investment Committee of the Pennsylvania State University Board of Trustees.
Capstone Green Energy (OTCID: CGEH) has announced the acquisition of Cal Microturbine, LLC and its exclusive distribution territory. The strategic move brings direct sales, aftermarket support, and service operations under Capstone's control for California, Hawaii, Nevada, Oregon, and Washington through the newly formed Capstone West Territory (CWT) business unit.
The acquisition, effective August 13, 2025, is designed as a self-funded strategic investment expected to be accretive to earnings and cash flow. The company aims to capitalize on the region's growing demand for distributed energy solutions while maintaining seamless customer service operations. A new sales leader will be announced in the coming weeks to manage direct sales operations.
Capstone Green Energy (OTCID: CGEH) reported strong Q1 FY2026 financial results, marking its fifth consecutive quarter of positive Adjusted EBITDA. Revenue reached $27.9 million, up significantly from $15.6 million in Q1 FY2025, driven by increased product demand and improved rental utilization rates.
The company achieved a gross profit of $7.6 million with a 27% margin, representing a 3-percentage-point improvement year-over-year. Net loss narrowed to $0.7 million from $3.9 million in the previous year. Adjusted EBITDA improved to $2.7 million from $0.7 million in Q1 FY2025.
Capstone continues to execute its Three-Pillar strategy focusing on financial health, sustainable excellence, and revitalizing culture and talent, positioning itself as a leading provider of distributed generation and microgrid solutions.
Capstone Green Energy (OTCID: CGEH) has secured a new order for a natural gas-fueled C600 Signature Series microturbine from a Mexican packaging manufacturer. The order was obtained through DTC Machinery, Capstone's exclusive distributor in Mexico and Central America.
The microturbine system will operate in a grid-connected combined cooling, heat, and power (CCHP) configuration, providing clean electricity while utilizing waste heat for the facility's drying ovens. The system is scheduled for commissioning in summer 2025 and will help the customer reduce operational costs, improve energy reliability, and meet environmental regulations.
The customer, a company with nearly 40 years of experience in polyethylene, polypropylene, and laminated films production, chose Capstone's technology as part of their triple-win strategy focusing on self-generation, cost reduction, and environmental compliance.
Capstone Green Energy (PINK: CGEH) announced that its distributor Vergent Power has secured a follow-on order from the City of Janesville, Wisconsin, for their wastewater treatment facility upgrade. The project includes two new C65 microturbines and one C200S microturbine, increasing the facility's total generation capacity to 460 kW.
The expansion, supported by 90% project funding from DOE and ITC grants, builds upon Janesville's successful use of Capstone microturbines since 2010. The system will operate in a combined heat and power (CHP) application, utilizing digester gas as fuel to supply electricity and thermal energy for the facility's anaerobic digesters.
Capstone Green Energy Holdings (OTCID: CGEH) announced that its Italian distributor, IBT Connecting Energies, has secured an order from Recla SPA to upgrade their existing C1000R microturbine to a new C1000 Signature Series microturbine system. The upgrade comes after 15 years of successful operation of the original system installed in 2010.
The new C1000S system will continue to provide combined heat and power (CHP) to Recla's facility, delivering both electricity and saturated steam for daily operations. The upgrade is expected to generate €350,000 in annual energy savings while improving system efficiency, reliability, and reducing environmental impact. The system recovers over 90 percent of the primary energy source, significantly contributing to the facility's energy efficiency.