Company to Highlight its Goal of $10M Year-over-Year Adjusted EBITDA Improvement, Rebound of European Markets and an Update on its Hydrogen Product Development
VAN NUYS, CA / ACCESSWIRE / September 8, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it will be presenting at the Wall Street Investor Conference on Thursday, September 10, 2020, at 7:40 AM PT/10:40 AM ET. Darren Jamison, President and Chief Executive Officer of Capstone Turbine Corporation, will be presenting to a live virtual audience.
"I look forward to presenting to the investment community Capstone's plans to improve our adjusted EBITDA $10M year-over-year, discuss the rebound we are currently seeing in the European energy markets and discuss our progress on expanding our long-term rental fleet despite the tremendous economic and public health impacts caused by COVID-19," said Darren Jamison, President and Chief Executive Officer of Capstone Turbine.
"In addition, I look forward to discussing the recent progress of our hydrogen product development efforts with the U.S. Department of Energy's Argonne National Laboratory, as there is a broad global initiative to decarbonize electricity generation through renewable natural gas, or RNG, by blending natural gas and hydrogen in existing pipelines," added Mr. Jamison.
Darren Jamison is scheduled to present on Thursday, September 10, 2020, at 7:40 AM PT/10:40 am ET. The presentation material will be made available on the Company's website, www.capstoneturbine.com, under the Investor Relations section.
Darren Jamison, along with Eric Hencken, Chief Financial Officer and Chief Accounting Officer of Capstone, will be available for one-on-one meetings during the conference. Qualified institutional investors interested in scheduling a one-on-one meeting with Capstone's management team are encouraged to register here: https://wall-street-investor-forum.events.issuerdirect.com/home or contact [email protected]
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world's leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup, via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today's multi-technology distributed power generation projects.
For customers with limited capital or short-term needs, Capstone offers rental systems, for more information, contact: [email protected]. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.
CONTACT: Capstone Turbine Corporation
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SOURCE: Capstone Turbine Corporation