CAPSTONES SUCCESS CONTINUES IN BRAZIL WITH RENEWABLE BIOGAS ORDER FOR LARGE BREWING COMPANY
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Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq: CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced it secured an order for one C65 and one C200R microturbine for an international brewing company located in South Brazil. Luming Inteligência Energética, Capstone’s National Account partner in Brazil, secured the order, which is expected to be commissioned by the end of the calendar year.
Luming secured a long-term energy agreement for the brewing project with additional projects expected in the near future. The order is the first industrial deployment for Luming in Brazil and expands beyond their traditional commercial applications leading to future development in the growing industrial sector.
“The order is significant as it continues to demonstrate our continued penetration in yet another strategic geography,” said Darren Jamison, President and Chief Executive Officer of Capstone. “We continue to see a growing demand for our products in South America where microturbines can offer significant cost savings for commercial and industrial customers,” added Mr. Jamison.
The project will utilize biogas from the production of beer to fuel the microturbines at two separate facilities. The configuration will integrate seamlessly with the facility to utilize 100% of the biogas produced and supply electricity to the facility under a long-term agreement with Luming.
“Capstone is pleased to see Luming’s expansion into the industrial space,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone. “Brazil holds great potential and Luming has found a solution to allow customers to reduce their energy cost, while improving their environmental footprint using Luming’s capital,” concluded Mr. Crouse.