Capstone Rebrands to Energy+, Vying for On-Site Power Dominance

LOS ANGELES, CA – May 15, 2026 – In a decisive move signaling a major strategic shift, Capstone Green Energy Holdings, Inc. has officially rebranded as Capstone Energy+, Inc. (OTCQX: CGEH). The change, announced today, moves the company beyond its identity as a microturbine manufacturer to position itself as a comprehensive distributed energy platform, aiming to lead in an era defined by the critical need for resilient, affordable, and sustainable power.

For nearly four decades, Capstone has been a recognized name in microturbine technology. However, the new 'Energy+' moniker reflects a fundamental evolution of its business model. The company is now focused on delivering integrated, on-site energy solutions for high-performance environments like data centers, hospitals, and industrial facilities, where power certainty is non-negotiable.

“This is more than a name change. It’s a transformation of our business and the markets we are serving,” said Capstone President and Chief Executive Officer, Vince Canino, in a statement. “Capstone Energy+ steps forward to lead in today’s new energy currency – time to energy that requires resiliency, affordability, and sustainability.”

A Strategic Pivot Backed by Profitability

The rebranding is not a reactive measure but a calculated advance from a position of financial strength. The announcement follows seven consecutive quarters of reported profitability, a period during which the company has significantly reshaped its operational and financial foundations. This stability has provided a springboard for its ambitious expansion into the broader behind-the-meter (BTM) energy market.

Market response has been notably positive, with the company’s stock price surging over the past year and the successful closure of nearly $112.5 million in funding in early 2025. This influx of capital and investor confidence underscores the perceived value in Capstone's pivot towards a more holistic service model. The transformation is a clear signal that the firm is moving from being a component supplier to becoming an end-to-end energy partner for its clients.

Tapping into a Surging Distributed Energy Market

Capstone's strategic repositioning aligns perfectly with powerful trends reshaping the global energy landscape. The distributed energy generation (DEG) market, valued at over $500 billion in 2025, is projected to climb towards $850 billion by 2034. This explosive growth is fueled by a convergence of factors that make on-site power generation increasingly attractive.

Grid instability, aging infrastructure, and vulnerability to extreme weather events have exposed the fragility of traditional, centralized power grids. In response, industries are aggressively seeking energy independence and resilience. Simultaneously, the relentless expansion of the digital economy, particularly the proliferation of power-hungry data centers, has created an insatiable demand for reliable, continuous electricity. Corporate sustainability mandates and government incentives promoting cleaner energy sources further accelerate this shift, with renewable-based distributed resources accounting for a significant portion of new energy capacity additions.

By focusing on on-site, on-demand solutions, Capstone Energy+ directly addresses these market drivers, offering a compelling alternative to sole reliance on the utility grid.

Powering Critical Infrastructure in an Era of Uncertainty

The core of the Capstone Energy+ strategy lies in serving mission-critical sectors where downtime is not an option. For data centers, a power interruption can mean millions in lost revenue and irreversible data loss. For hospitals, it can be a matter of life and death. The company’s solutions are engineered to provide the unwavering reliability these operations require.

Its proven microturbine technology, available in scalable 30kW, 65kW, and 200kW platforms, offers multiple layers of energy security. These systems can provide continuous baseload power, serve as immediate backup during grid failures, or help facilities manage energy costs by 'peak shaving' during periods of high demand. With over 10,600 units shipped to 88 countries, the technology has a long track record in demanding environments.

A key differentiator for these critical applications is the ability to implement Combined Heat and Power (CHP) configurations. Capstone's microturbines capture waste heat produced during electricity generation and convert it into valuable thermal energy for heating or, through an absorption chiller, for cooling. For a data center, this means a single system can provide both resilient power and efficient cooling, drastically improving energy efficiency and reducing the facility's overall carbon footprint.

Beyond the Turbine: The 'Plus' in Energy+

The 'Plus' in the new name signifies the company's expanded value proposition, which extends far beyond the physical turbine. It represents a commitment to circular economy principles and innovative business models that make advanced energy solutions more accessible.

One of the most significant aspects of this expanded offering is the company's fuel flexibility. Capstone microturbines can run on a wide array of fuels, from conventional natural gas to waste streams like landfill gas and biogas from agricultural operations. This capability allows customers to convert a potential liability into a valuable energy asset, reducing waste while generating low-cost power. The technology is also compatible with hydrogen fuel blends, positioning the company to play a role in the future hydrogen economy.

Furthermore, Capstone is breaking down financial barriers through its flexible Energy as a Service (EaaS) solutions. By offering power purchase agreements (PPAs), leasing, and long-term service contracts, the company enables customers to adopt its on-site power systems with minimal or no upfront capital expenditure. This model transfers the performance and maintenance risk to Capstone and provides customers with predictable, long-term energy costs, allowing them to focus on their core business operations. This modular, plug-and-play architecture, combined with accessible financing, equips businesses to scale their energy infrastructure quickly and adapt to the evolving demands of a power-constrained world.