Capstone Turbin signed first long-term FPP service contract in Bolivia

Capstone Turbine Corporation, the world’s leading clean technology manufacturer of microturbine energy systems, announced that it continues to expand its market presence in Latin America with its first long-term Factory Protection Plan (FPP) service agreement in Bolivia for a 600 kilowatt (kW) microturbine system. Despite the recent impact from Covid-19, the countries in Latin America represented 13% of Capstone’s total revenues in the fiscal year ended March 31, 2020, compared to 12% of total revenues in the prior fiscal year.

Source: Oil & Gas 360