Is Congress Giving Capstone Turbine an Early Christmas Gift?

One proposed bill in the U.S. House of Representatives would benefit just one company, Capstone Turbine.

Tyler Crowe
Tyler Crowe
Apr 21, 2014 at 10:15AM
Energy, Materials, and Utilities

It must be nice to have legislation written just for you so you can grow your business. Capstone Turbine (NASDAQ:CPST) is basically getting just that. The American Microturbine Manufacturing and Clean Energy Deployment Act is pretty much tailored for Capstone, which is not surprising since it was drafted by a state representative just a few miles down the road from Capstone's headquarters. While it's unlikely to pass, one of Capstone's largest competitors in the combined heat and power space, FuelCell Energy (NASDAQ:FCEL), may want to keep an eye on its progress.

In this video, find out what this bill means for Capstone Turbine, why fuel cell manufacturers like FuelCell Energy should be apprehensive, and Capstone's chances of success if this bill doesn't get passed.