Capstone Energy+, Inc. will begin trading its common stock on the Nasdaq Global Select Market on Wednesday, July 8, 2026, under the ticker symbol "CEPL." The company, formerly known as Capstone Green Energy Holdings, Inc., previously traded on the OTCQX Best Market under the symbol "CGEH." Trading on the OTCQX will cease upon the commencement of Nasdaq trading. Existing shareholders are not required to take any action in connection with the listing or the change in ticker symbol.

Vince Canino, President and Chief Executive Officer of Capstone Energy+, stated that returning to Nasdaq marks a significant milestone reflecting financial and operational progress over the past two years. He highlighted that the company has strengthened its financial foundation, simplified its capital structure, and returned to profitability. Canino added that Capstone has evolved into a broader energy solutions company focused on delivering reliable, behind-the-meter power.

Robert Powelson, Interim Chairman of the Board, noted that reliable power has become a defining infrastructure challenge. He stated that the Nasdaq listing reflects the Board's confidence in the company's strategy, leadership team, and long-term growth opportunities. Powelson believes the listing will enhance Capstone's visibility within the investment community and support the execution of its growth strategy.

Strategic Progress

The Nasdaq listing follows a period of significant transformation for Capstone Energy+. Key developments include the company's rebrand, the simplification of its capital structure, and its return to profitability. The company provides behind-the-meter energy solutions for commercial, industrial, and data center applications.

Operational Overview

Capstone Energy+ has shipped more than 10,800 units across 89 countries through its global distributor network. The company offers scalable multi-megawatt solutions built on core 30kW, 65kW, and 200kW microturbine platforms. These solutions are designed for rapid deployment, continuous operation, and simplified maintenance, serving critical industries such as data centers, hospitals, agriculture, and industrial facilities.

Capstone Energy+, Inc. has secured a follow-on order from Empresa National del Petroleo (ENAP) to expand the microturbine energy system at the Gregorio Refinery in Chile, increasing capacity from 1.4MW to 2.2MW. The installation, which will operate on pipeline natural gas, is expected to be commissioned in November 2026. This expansion reflects continued confidence in Capstone's technology to deliver reliable, low-emission power in the demanding environment of Patagonia.

Project Details

The project was secured through Capstone's authorized distributor in Chile, ISPG. It will provide critical power at the Gregorio Refinery, the world's southernmost refinery, located in Chile's Magallanes region. The facility supplies diesel, aviation kerosene, and other refined fuels throughout Southern Chile and supports Antarctic operations.

Operational Context

ENAP is Chile's state-owned energy company. The Gregorio Refinery processes more than 200,000 cubic meters of crude oil annually. The facility operates year-round in an environment where winter temperatures can fall below 0°F and winds exceed 75 mph (120 km/hr).

Strategic Rationale

The decision to expand was driven by the performance of ENAP's existing Capstone microturbine system. The existing installation resolved reliability and cost challenges associated with conventional generators, particularly during harsh winters when site access is limited. The expansion to 2.2MW aims to deliver the same operational benefits at a greater scale.

Vince Canino, President and CEO of Capstone Energy+, stated that the follow-on order underscores ENAP's confidence in Capstone's proven performance. He highlighted that the technology is a go-to solution for remote, mission-critical environments where reliability is essential and maintenance access is difficult.