Ormat Technologies Reports 2013 First Quarter Results
RENO, Nevada, May 7, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter of 2013.
Financial highlights & Recent Developments:
• Total revenues amounted to $121.7 million; a 8.0% decrease from...
Ormat Technologies Commences Operation of 36 MW Geothermal Power Plant In Kenya
New Plant Increases Ormat’s Total Capacity to over 600 MW
(RENO, Nev.) May 2, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that it reached commercial operation of Plant 2 in the Olkaria III complex in Naivasha, Kenya, increasing the company’s total generating capacity by 36 MW to 611...
Ormat Signs 20-Year Power Purchase Agreement for its Wild Rose Geothermal Project in Nevada
(Reno, Nev.) April 29, 2013 Ormat Technologies, Inc.’s (NYSE: ORA) wholly owned subsidiary entered into a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) to deliver electricity from its Wild Rose...
Ormat Technologies, Inc. to Host Conference Call Announcing
Call Will be Webcast Simultaneously
RENO, Nevada, April 25, 2013 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its first quarter 2013 earnings results in a press release that will be issued on Tuesday, May 7, 2013 after the market close. The Company has scheduled a...
Success with Enhanced Geothermal Systems Changing the Future of Geothermal Power in the U.S.
DOE, Ormat and GeothermEx Collaboration Produces Electricity Using In-field EGS
(Reno, Nev.) April 10, 2013 Ormat Technologies, Inc. (NYSE: ORA), the U.S. Department of Energy and GeothermEx successfully produced 1.7 additional megawatts from an Enhanced Geothermal System (EGS) project inside an existing wellfield in the U.S....
The 330 MW Sarulla Geothermal Power Project in Indonesia Signed Project Agreements
Ormat named power plant technology provider. Among the world’s largest single-contract geothermal power plant. Project company expects to complete financing and begin construction in one year
(RENO, Nev.) April 4, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that Sarulla Operations Ltd. (SOL) has signed a Joint Operating Contract (JOC) and Energy Sales Contract (ESC) for the 330 MW Sarulla geothermal power project in...
Ormat To Replace Up To 21.5 MW Of Contracts Tied To Natural Gas Prices From The Mammoth Complex With New Long-Term Power Purchase Agreements
The improved energy rates under the new PPAs, are secured until 2033and will significantly improve the Mammoth complex profitability
(RENO, Nev.) March 20, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that in April 2013 it will begin selling up to 14 MW of geothermal power from the G3 plant in the Mammoth Complex in California to Pacific Gas & Electric (PG...
Ormat Technologies, Inc. Announces May 7, 2013 Annual Meeting of Stockholders
(RENO, Nev.), March 1, 2013-- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its 2013 annual meeting of stockholders will be held on Tuesday, May 7, 2013 at 1:30 P.M. local time at the offices of Chadbourne & Parke LLP, 30...
Ormat Technologies Reports 2012 Fourth Quarter and Year End Results
(RENO, Nev.) February 27, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the fourth quarter and full year ended December 31, 2012.
The highlights for the year and recent 2013 developments:
• Total revenues...
Ormat Technologies, Inc. Announces Partnership Transaction of Eight Geothermal Power Plants Valued At Up To $44.4 Million
(RENO, Nev.) January 28, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that Ormat Nevada Inc., a wholly-owned subsidiary (Ormat Nevada), and JPM Capital Corporation (JPM) entered into a tax equity partnership transaction involving...
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2012 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, January 24, 2013 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2012 earnings results in a press release that will be issued on Tuesday, February 26, 2013 after the market close. The Company...
Ormat Technologies, Inc. Announces a Non-Cash Pre-Tax Charge for Impairment to Its North Brawley Geothermal Power Plant
(RENO, Nev.) January 23, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that it will record a non-cash pre-tax charge of up to $230 million during the fourth quarter of 2012 for impairment to the company’s North Brawley power...
Ormat Technologies, Inc. Announces Appointment of New CFO
RENO, NEVADA, January 7, 2013 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that Mr. Doron Blachar has been appointed Chief Financial Officer of the Company, effective April 2, 2013.
Mr. Blachar, 45, holds a B.A. degree in Accounting and...
Ormat Technologies, Inc. to Develop a Geothermal Project in Honduras
(RENO, Nev.) November 13, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that an Ormat subsidiary entered into an agreement with Geotérmica Platanares to acquire a late stage development geothermal project in Honduras.The project...
Ormat Technologies Announces Financial Closing and First Drawdown on Long-Term Debt Financing for the Expansion of Olkaria III Geothermal Power Complex in Kenya
The Loan is Provided by OPIC an Agency of the US Government
(RENO, Nev.) November 11, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that OrPower 4, Inc., its indirect wholly owned subsidiary, has completed the financial closing of a previously announced limited-recourse project financing...
Ormat Technologies Reports 2012 Third Quarter Results
Quarterly revenues increased 23 percent to a record $136.1 million
(RENO, Nev.) November 6, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the third quarter of 2012.
Quarterly highlights and recent developments:
• Total revenues increased 23 percent to a record $136.1...
Ormat Technologies, Inc. To Host Conference Call Announcing Third Quarter 2012 Earnings Results
Call will be Webcast Simultaneously
(RENO, Nev.) October 17, 2012 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2012 earnings results in a press release that will be issued on Tuesday, November 6, 2012 after the market close. The Company has scheduled a...
Ormat Technologies Signs Long-Term Debt Financing for up to $310 Million for The Olkaria III Geothermal Power Complex in Kenya
RENO, Nevada, August 27, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that OrPower 4, Inc., its indirect wholly owned subsidiary, and the Overseas Private Investment Corporation (OPIC), an agency of the United States Government,...
NV Energy Approves Commercial Operation Date for The McGinness Hills Geothermal Power Plant
RENO, Nevada, August 20, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that NV Energy approved the Commercial Operation Date for the 30-MW (net capacity) McGinness Hills geothermal power plant located in Lander County, Nevada....
Ormat Technologies Reports 2012 Second Quarter Results
Quarterly revenues increased 24 percent to $129.8 million; Q2 net income of $8.7 million
(RENO, Nev.) August 1, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the second quarter of 2012.
Quarterly highlights and recent developments:
• Total revenues increased 24 percent to $129.8 million•...
Ormat Announces Commercial Operation of Mcginness Hills Geothermal Power Plant
RENO, Nevada, July 26, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its McGinness Hills geothermal power plant located in Lander County, Nevada met the requirements for commercial operation under the OFC 2 Senior Secured Notes....
Ormat Technologies Signs EPC Contract with Enel Green Power North America for Cove Fort Geothermal Power Plant Project
RENO, Nevada, July 16, 2012 -- Ormat Technologies, Inc. (NYSE:ORA) announced today that its wholly owned subsidiary, Ormat Nevada Inc., concluded and signed a $61.4 million engineering, procurement and construction (EPC) contract with Enel Green...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2012 Earnings Results
Call will be Webcast Simultaneously
RENO, Nevada, July 10, 2012 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its second quarter 2012 earnings results in a press release that will be issued on Wednesday, August 1, 2012 after the market close. The Company has scheduled a...
Ormat Technologies, Inc. to Hold Analyst & Investor Day in New York
RENO, Nevada, May 31, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it will host an Analyst & Investor Day on Wednesday, June 13, 2012 in New York City.
Ormat’s management and newly appointed Chairman Gillon Beck will...
Ormat Technologies, Inc. Provides Information on Closing of Transaction Involving Shares of its Parent Entity
Reno, Nevada, May 23, 2012 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that it has been informed by Ormat Industries, Ltd., its parent entity ("Ormat Industries"), that the transaction by and among Bronicki Investments Ltd. (...
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