Capstone Turbine Corp. (Nasdaq: CPST) said it received a follow-on order from a large australian coal seam gas company for a five-year supply contract.
The initial order in July 2008 was for 110, 30 kW C30 microturbine packages for $4.7 million. The units were shipped, packaged, installed and commissioned over a two-year period.
Capstone's distributor, Aquatec-Maxcon Pty Ltd, secured the new follow-on five-year supply contract. Aquatec-Maxcon is an Australia-based 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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