Capstone Turbine gets $3M in follow on orders

Capstone Turbine gets $3 million in follow on orders from 2 large oil and gas customers

• On 2:03 pm EDT, Monday October 5, 2009

CHATSWORTH, Calif. (AP) -- Capstone Turbine Corp. on Monday said it received $3 million in follow-on orders from two large oil and gas customers.

The maker of low-emission microturbine systems said its first order, from the its Australian market distributor Aquatec-Maxcon Pty Ltd., is for forty-two C30 microturbines, a follow-on to the original order for over one hundred C30s last year.

The second order, from Capstone's distributor Pumps & Service, is for one C1000 microturbine and one C600 microturbine. This is a follow-on order to the first two C600s sold for use in the oil and gas industry in July 2009.

Shares of the company rose 6 cents, or 4.9 percent, to $1.29 in afternoon trading.