Capstone in demand in thriving Australian coal seam gas sector

Capstone Turbine Corporation (NASDAQ:à‚ CPST) has announced that it received a follow-on order from a large Australian coal seam gas company.

The initial order in July 2008 was for the supply of 110 C30 microturbine packages and totaled $4.7 million. The units were shipped, packaged, installed and commissioned over a two-year period.
Capstone C30
Capstone’s distributor Aquatec-Maxcon Pty Ltd secured the new follow-on five-year supply contract. Aquatec-Maxcon is Australia’s leading provider of water and wastewater technology and equipment.

The C30 microturbines are supplied as integrated packaged systems by Aquatec-Maxcon for use in remote coal seam gas exploration and production wells in the Australian outback.

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