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Capstone Receives C1000 Order for Business Center in Medellin, Colombia

CHATSWORTH, Calif., April 20, 2015 (GLOBE NEWSWIRE) — 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 a C1000 microturbine to upgrade five commercial buildings at “Centro Administrativo La Alpujarra” in Medellín, Colombia.

Supernova Energy Services S.A.S., Capstone’s Colombian distributor, secured the order, which is expected to be commissioned in October 2015.

Officially known as the José María Córdova Administrative Center, Centro Administrativo La Alpujarra is one of the most historic business centers in Medellín. The large urban complex of government buildings was originally built for the administration of the Antioquia department and Medellín municipality. Today the business center is also home to businesses including the National Tax Administration, the National Palace, and Teleantioquia, a regional television channel.

The natural-gas-fueled C1000 microturbine will be installed in a combined cooling heat and power (CCHP) application in order to supply primary power to five commercial buildings within the business center with electricity, hot water and chilled water. The microturbine will work in parallel with the local grid to produce 500 RT (refrigeration tons) using an absorption chiller and provide improved energy management and reliability to each connected building.

Capstone microturbines were chosen for their low emission profile and for holding the highest net efficiency rate at nearly 80 percent. Capstone is at the forefront of green building technology, ensuring that Centro Administrativo La Alpujarra will remain compliant with future emissions laws and green building best practices.

“Businesses are continuously looking for ways to improve their property value, reduce costs and become more energy efficient,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. “Capstone and Supernova are able to provide the ideal solution, to help customers in Columbia achieve economic and sustainability with a leading-edge technology,” added Crouse.

“Growth in markets like Central and South America is critical to Capstone’s future revenue growth and further diversifies and strengthens our global distribution channel,” said Darren Jamison, President and Chief Executive Officer at Capstone Turbine. “The underlying strength of our business continues to improve despite macroeconomic headwinds with the continuing maturation and diversification of our distribution channel, improving product reliability, new product features and growing worldwide turbine population driving a robust parts and service business,” added Jamison.

Original press release and full details on Capstone Turbine