Recent Updates — CEPL

Capstone Energy+ appointed Brandon Schwertner, a former CEO of Priority Power Management and co-founder of MP2 Energy, to its Board of Directors effective October 26, 2026. Schwertner was designated by Monarch Alternative Capital LP under the terms of a strategic investment announced in March 2026. In connection with this appointment, Ping Fu resigned from the Board, also effective October 26, 2026. The resignation did not result from any disagreement regarding the company's operations or policies. Schwertner will serve as a Class I director and member of the Compensation Committee, receiving an annual restricted stock unit award valued at approximately $24,739. Capstone Energy+ designs, develops, and delivers on-site gas turbine energy solutions for industrial, commercial, and mission-critical applications such as data centers.

Capstone Energy+, Inc. reported financial results for the first quarter of fiscal 2027 ended June 30, 2026. Revenue decreased to $24.9 million from $27.9 million in the prior year period, primarily due to timing of large product orders and lower rental utilization. Gross profit increased 16% to $8.8 million with gross margin expanding to 35%. The company generated $5.4 million in operating cash flow and reported a net loss attributable to common stockholders of $0.95 million, or $0.03 per share, compared to a net loss of $0.7 million in the prior year quarter. Adjusted EBITDA remained stable at approximately $2.7 million. The company operates in the clean energy sector, providing behind-the-meter microturbine solutions for industrial and commercial applications.