Capstone Turbine Corporation (Nasdaq:CPST) announced that its Canadian distributor, Horizon Power Systems, sold three C1000 Power Packages to Genalta Power Inc. in Canada. Genalta Power (www.genaltapower.com) was a privately held Canadian corporation that develops, owns, and operates independent power plants that produce and sell environmentally-friendly electricity from waste energy sources. These sources can include waste heat recovery, waste fuel gas, and waste pressure projects. The company capitalizes on opportunities in the independent power market by actively pursuing development of dependable, cost-effective and environmentally responsible power generation facilities. Genalta is developing projects in strategic regions of North America with an emphasis on the oil and gas industry.
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September 30th, 2011 at 01:10 pm