STOCK TITAN

Capstone Green Energy Corporation - CGRNQ STOCK NEWS

Welcome to our dedicated page for Capstone Green Energy Corporation news (Ticker: CGRNQ), a resource for investors and traders seeking the latest updates and insights on Capstone Green Energy Corporation stock.

Capstone Green Energy Corporation (symbol: CGRNQ) is a world-renowned developer and manufacturer of innovative microturbine power generation systems. Their cutting-edge technology includes high-efficiency air bearing turbines that have set new industry standards. With a global presence through 86 distributors, Capstone's microturbines cater to various sectors with unmatched reliability and eco-friendliness.

Their product range, spanning from 30kW to 30MW, offers scalable solutions for distributed generation requirements. Capstone microturbines can run on different fuels, making them versatile and ideal for modern energy needs. Committed to sustainability, Capstone is a proud member of the U.S. EPA's Combined Heat and Power Partnership, showcasing their dedication to enhancing energy efficiency.

Rhea-AI Summary
Capstone Green Energy Corporation (CGRNQ) appoints Emer Higgins as Vice President of Operations, bringing over two decades of manufacturing industry experience. Higgins to drive operational excellence and strategic goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Capstone Green Energy Corporation (OTC: CGRNQ) confirms Joint Prepackaged Chapter 11 Plan, strengthening capital structure and improving liquidity. The Plan includes $7.0 million of new money exit financing, and public stockholders will receive 100% equity in Capstone Green Energy Holdings, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.67%
Tags
-
Rhea-AI Summary
Capstone Green Energy Corporation transitions to trading on the OTC Expert Market with the ticker symbol CGRNQ after being delisted from Nasdaq. The delisting was due to factors such as low market capitalization and failure to file financial reports. The company has initiated a prepackaged Chapter 11 bankruptcy filing to address financial challenges and achieve long-term stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
162.5%
Tags
none

FAQ

What is the market cap of Capstone Green Energy Corporation (CGRNQ)?

The market cap of Capstone Green Energy Corporation (CGRNQ) is approximately 3.9M.

What is Capstone Green Energy Corporation known for?

Capstone is recognized for developing and manufacturing clean-and-green microturbine power generation systems.

What makes Capstone's microturbines unique?

Capstone's microturbines feature high efficiency air bearing turbine technology, setting new industry standards.

How many distributors does Capstone have globally?

Capstone has a presence through over 86 distributors worldwide.

What sectors do Capstone's microturbines cater to?

Capstone's microturbines serve multiple vertical markets with industry-leading reliability and efficiency.

What is the product range offered by Capstone?

Capstone provides scalable solutions from 30kW to 30MW for distributed generation needs.

Can Capstone's microturbines operate on different fuels?

Yes, Capstone microturbines can run on a variety of gaseous or liquid fuels.

What partnership is Capstone a member of?

Capstone is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership.

How do Capstone's microturbines contribute to sustainability?

Capstone's microturbines are compliant with current and future emissions regulations, emphasizing their commitment to environmental responsibility.

What is the focus of Capstone Green Energy Corporation?

Capstone's focus is on providing innovative, eco-friendly microturbine power generation systems for modern energy needs.

Where can I find the latest news about Capstone?

You can stay updated on Capstone Green Energy Corporation's latest developments and news on their official website or through reputable sources.
Capstone Green Energy Corporation

OTC:CGRNQ

CGRNQ Rankings

CGRNQ Stock Data

3.85M
16.19M
3.74%
17.27%
2.69%
Specialty Industrial Machinery
Industrials
Link
United States
Van Nuys