CAPSTONE GREEN ENERGY SECURES FOLLOW-ON ORDER FOR TWO C200S MICROTURBINE SYSTEMS FROM CANADIAN FIRM SUPPLYING MOBILE POWER TO OIL AND GAS SITES

TWO C200S MICROTURBINE SYSTEMS FROM CANADIAN

Additional Order for Two C200S Microturbines Comes Just Two Months After Initial Order

LOS ANGELES–(BUSINESS WIRE)– Capstone Green Energy Corporation (NASDAQ: CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, and Horizon Power Systems, Capstone’s exclusive distributor for the Rocky Mountain States, Western Canada, Oklahoma, and exclusive distributor for oil and gas in Arizona, secured a follow-on order for two C200S high-pressure natural gas microturbine systems. The customer is a Canadian firm that provides mobile power to upstream oil and gas sites and that is committed to moving the industry away from on-site diesel engines, which produce high levels of harmful greenhouse gases, and require frequent maintenance and costly exhaust after-treatment. The microturbines are expected to be operational this month.

“Capstone’s ability to get our turbines in service quickly and reliably is important to our customers. We appreciate the mark of confidence and credibility that repeat orders provide as our customers look to manage their energy costs and environmental impact, particularly at remote sites,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy.

After only two months of successful operation with their initial microturbine order, the customer ordered two additional C200S microturbines, adding 400 kW of generation capacity to their existing fleet. The microturbines will provide clean and reliable electricity to power auxiliary equipment and several buildings at a remote natural gas well site.

“The customer contacted us for a second order after seeing the flawless performance of the C200S purchased in May,” said Sam Henry, President, Horizon Power Systems. “The reliability of Capstone microturbines, their extremely low emissions, and ability to run on natural gas directly from the well site are what the company and its customers want.”

Capstone microturbines are able to use the associated natural gas, a by-product of oil production at the remote site, as an input fuel source with minimal gas pre-treatment. This allows the customer to keep operational costs low by avoiding extra fuel-cleaning equipment and significantly reducing the negative impact on the local environment.

The project demonstrates the confidence that oil and gas customers continue to have in Capstone products’ reliability and high availability. Capstone microturbines align with the needs of oil and gas producers since they can be used in all phases of production operations, including upstream, midstream, and downstream, in both onshore and offshore applications.