LOS ANGELES–(BUSINESS WIRE)– Capstone Green Energy Holdings, Inc. (the “Company” or “Capstone”) (OTCQX: CGEH), announced today that Valparaiso High School and Benjamin Franklin Middle School, part of the Valparaiso Community Schools (VCS) district in Indiana, have placed an order for four C65 Capstone microturbines. Two units will be installed at each campus and paired with Vergent Power Solutions controllers to deliver both prime power and combined heat and power (CHP) for domestic hot water and building heating. The order was secured by Vergent Power Solutions, Capstone’s exclusive distributor for the Midwest and Northeast United States and Eastern Canada and is expected to be commissioned later this month.
This project marks another successful collaboration between Vergent and Veregy, a NAESCO-accredited, energy services company (ESCO). The two companies first partnered in 2020 to bring a Capstone C65 system to Argos Community Schools in Indiana, a project that improved energy efficiency, lowered costs, and strengthened resiliency. Five years later, the project met or exceeded all of its energy conservation goals.
The new installations at VCS are the cornerstone of Valparaiso’s Phase 2 $17 million Guaranteed Energy Savings Contract (GESC). Phase 2 includes solar, retro-commissioning, and other energy efficiency upgrades. This Phase 2 project builds on the district’s earlier sustainability efforts, which have already generated more than $7.6 million in projected energy savings over 12 years through the use of solar arrays, LED lighting upgrades, HVAC enhancements, and real-time utility monitoring. Together, these efforts represent one of the most comprehensive K–12 energy efficiency programs in the state of Indiana.
“This Phase 2 project highlights how Valparaiso Community Schools is taking a holistic approach to energy efficiency and sustainability. The best kWh generated is always a kWh saved,” said Vince Canino, President and Chief Executive Officer of Capstone Green Energy. “We are proud to see our technology becoming part of VCS’s evolving microgrid fabric – working alongside their solar, lighting, and HVAC systems. Our ability to help deliver resiliency, affordability, and sustainability in a learning environment is a source of pride, and we’re honored to support the next generation by innovating today for a cleaner tomorrow.”
Fueled by clean natural gas, the four Capstone C65 systems will provide reliable, low-maintenance, and quiet on-site power, an especially important feature given their proximity to classrooms. By producing both electricity and heat, the CHP systems will further reduce utility costs and support the district’s long-term sustainability and resiliency goals.
“This repeat order from Veregy shows that microturbines are not just a one-off solution; they are a cornerstone of a long-term energy strategy,” said Justin Rathke, President of Vergent. “Their quiet operation and reliability make them an ideal fit for schools, and their ability to generate on-site power and heat helps clients like Valparaiso reduce costs and build a more resilient energy future.”
This installation represents another successful deployment of Capstone technology in the education sector, where energy efficiency, sustainability, and cost savings are critical. By producing both electricity and useful heat on-site, the schools will reduce their environmental footprint while ensuring a resilient energy supply for students and staff.
About Capstone Green Energy
For nearly four decades, Capstone Green Energy has been a leader in clean technology, pioneering the use of microturbines to revolutionize how businesses manage their energy needs sustainably. In collaboration with our global network of dedicated distributors, we have shipped over 10,600 units to 88 countries, helping customers significantly reduce their carbon footprints through high-efficiency, on-site energy systems and microgrid solutions.
Our commitment to a cleaner, more resilient energy future remains steadfast. Today, we offer a comprehensive range of microturbine products, from 65kW systems to multi-megawatt solutions, tailored to meet the specific needs of commercial, industrial, and utility-scale customers. In addition to our core microturbine technology, Capstone’s growing portfolio includes flexible Energy-as-a-Service (EaaS) offerings, such as build-own & transfer models, PPA’s, lease to own and rental solutions, are designed to provide maximum value and energy security.
Capstone’s fast, turnkey power rental solutions are designed for customers with limited capital budgets or short-term energy needs. For more information, please contact us at rentals@CGRNenergy.com.
In our pursuit of cutting-edge energy solutions, Capstone has forged strategic partnerships to expand our impact and capabilities. Through these collaborations, we proudly offer advanced technologies that leverage renewable gas and heat recovery solutions—further enhancing the sustainability, efficiency, and reliability of our clients’ operations. These integrated offerings reflect our commitment to building a cleaner, more responsible energy future.
For more information about the Company, please visit www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter,LinkedIn,Instagram,Facebook,andYouTube.
