share_log

Capstone Bags Four New Long-Term Clean Energy Microturbine Rental Agreements

Benzinga Real-time News ·  2021/10/11 12:44
  • Capstone Green Energy Corp (NASDAQ:CGRN) has entered into four new long-term rental contracts with four new end-use customers in the hospitality and industrial grow house markets. Financial terms were not disclosed.
  • The four contracts represent 3.2 MW of clean energy systems. The company plans to expand its current long-term rental fleet from 13.1 MW to 17.1 MW by December 31, 2021.
  • Capstone Green Energy had targeted to increase the new long-term rental fleet to 21.1 MW by the end of its current fiscal year, March 31, 2022.
  • "Capstone Green Energy continues to expand its Energy as a Service (EaaS) business, including its long-term rental program, which is an important element in achieving our near term profitability goals as rentals generate higher contribution margin rates than traditional product sales," said CEO Darren Jamison.
  • Price Action: CGRN shares are trading higher by 7.36% at $5.26 on the last check Monday.
これらの内容は、情報提供及び投資家教育のためのものであり、いかなる個別株や投資方法を推奨するものではありません。 更に詳しい情報
    コメントする