Ormat Technologies Reports a Double-Digit Growth in Revenues, Net Income, and Adjusted EBITDA in the Second Quarter
Strong First Half Performance Drives Increase in 2016 Adjusted EBITDA Guidance
RENO, Nev. August 2, 2016 - Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the second quarter ended June 30, 2016. Second Quarter Highlights and Recent Developments: • Total revenues of $159.9 million, up 13.8%...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2016 Financial Results
Call will be Webcast Simultaneously
RENO, Nev., July 18, 2016 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its second quarter 2016 financial results in a press release that will be issued on Tuesday, August 2, 2016 after the market close. The Company has scheduled a...
Ormat Announces Closing of Acquisition of the Bouillante GeothermalPower Plant in the Island of Guadeloupe
The power plant is expected to generate approximately €20 million of annual revenues
RENO, Nev. July 5,2016, Ormat Technologies, Inc. (NYSE:ORA) announced today it has closed its previouslyannounced acquisition of Geothermie Bouillante SA (GB). GB owns and operates the 14.75 MW Bouillantegeothermal power plant located in...
Ormat Completes Construction at Veyo Recovered Energy Generation Project in Southern Utah for UAMPS
Project brought online four months early; To be celebrated during commissioning event June 28, 2016
(RENO, Nev.) June 28, 2016 -- Ormat Technologies, Inc. (NYSE:ORA) announced today that construction was completed at the Veyo Heat Recovery Project in southern Utah. This project falls under a $22.3 million engineering, procurement and construction...
Ormat Technologies Secures $36 Million Supply & EPC Contracts for a Geothermal Power Plant in New Zealand
Reno, Nev., May 19, 2016 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that one of its subsidiaries has signed a $36 million Supply, Engineering, Procurement and Construction, (EPC) contracts, with Eastland Group for the Te Ahi O Maui...
Ormat Technologies Reports First Quarter Revenue of $151.6 Million and Adjusted EBITDA of $80.2 Million
Strong Gross Margin Increases Net income and Adjusted EBITDA
RENO, Nev. May 4, 2016 - Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter ended March 31, 2016. First Quarter Highlights and Recent Developments: • Total revenues of $151.6 million, up 26.1% compared...
Ormat to Ring Opening Bell at New York Stock Exchange; Adjusts Conference Call Time to Accommodate
Company Moves First Quarter 2016 Earnings Call from 9 a.m. to 10 a.m. EDT on May 5; Call-in Numbers Unchanged
RENO, Nev., April 29, 2016 - Ormat Technologies, Inc. (NYSE: ORA) today announced that its senior management will ring the opening bell at the New York Stock Exchange on May 5, 2016. To accommodate this request, Ormat has moved the starting time for...
Ormat Technologies, Inc. to Host Conference Call and Webcast for First Quarter 2016 Earnings Results
RENO, Nev., April 18, 2016 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its first quarter 2016 earnings results in a press release that will be issued on Wednesday, May 4, 2016 after the market close. The Company has scheduled a...
Ormat and Alevo to Jointly Build, Own and Operate First Energy Storage Project in Georgetown, Texas
Project Expected to Come Online in Q4 2016
RENO, Nev. March 30, 2016, Ormat Technologies, Inc. (NYSE:ORA) announced today its subsidiary has signed an agreement with a subsidiary of Alevo Group SA, a leading provider of energy storage systems, to jointly build, own and operate the Rabbit...
Ormat Signs Definitive Agreements to acquire Geothermal Power Plant in the Island of Guadeloupe
RENO, Nev. March 14, 2016, Ormat Technologies, Inc. (NYSE:ORA) announced today it has signed an Investment Agreement and Shareholders Agreement with Sageos holding (Sageos), a fully owned subsidiary of Bureau de Recherches Géologiques et Minières (...
Ormat Technologies to Present at the 28th Annual ROTH Conference
RENO, Nev. March 3, 2016 - Ormat Technologies, Inc. (NYSE: ORA) today announced that Smadar Lavi, VP of Corporate Finance and Investor Relations, will be presenting at the 28th Annual ROTH Conference on Monday, March 14, 2016 at 10:00 a.m. PT in...
Ormat Technologies Announces 2016 Annual Meeting of Stockholders
(RENO, Nev.), March 1, 2016-- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its 2016 annual meeting of stockholders will be held on Wednesday, May 4, 2016 at 1:30 p.m. EDT at the offices of Chadbourne & Parke LLP, 1301 Avenue...
Ormat Technologies Reports All-Time Record Annual Revenue of $595 Million and Adjusted EBITDA of $291 Million
Higher Product Segment Revenue and Continued Margin Improvements Drive Annual Results Past 2015 Guidance Total book equity exceeds $1 billion
RENO, Nev. February 23, 2016 - Ormat Technologies, Inc. (NYSE: ORA) today announced record financial results for the fourth quarter and full year ended December 31, 2015. Financial highlights for the full year: Total revenues of $594.6 million in...
Ormat to Host Investor Event on March 9, 2016 in Tel-Aviv
RENO, Nev. February 22, 2016 - Ormat Technologies, Inc. (NYSE: ORA) today announced that the Company will host an Investor Event from 9:00 a.m. to 11:00 a.m. (IST) on Wednesday, March 9, 2016 in Tel-Aviv. Formal presentations will start promptly at...
Ormat Announces Commercial Operation of Plant 4 in Olkaria III in Kenya, Expanding Complex Capacity to Nearly 140 MW
RENO, Nev. February 4th, 2016 - Ormat Technologies, Inc. (NYSE:ORA) announced today that it reached commercial operation of Plant 4 in the Olkaria III complex in Kenya, increasing the complex total generating capacity by 29 MW to 139 MW. Plant 4...
Ormat Announces Start of Construction of the 35 MW Platanares Geothermal Project in Honduras
Commercial Operation is Expected by Year-end 2017; Project Expects to Generate Average Annual Revenue of Approximately $33 Million
RENO, Nev. January 12, 2016 - Ormat Technologies, Inc. (NYSE:ORA) announced today that its indirect, wholly owned subsidiary has commenced construction of the 35 MW Platanares geothermal project in Honduras. In 2013, Ormat signed a Build, Operate,...
Ormat to Acquire Geothermal Power Plant in the Island of Guadeloupe
Adds 14.75 MW, with potential expansion to up to 45 MW of capacity Transaction to be immediately accretive to Ormat’s EPS
RENO, Nev. December 07, 2015, Ormat Technologies, Inc. (NYSE:ORA) announced today it has signed a binding Memorandum of Understanding (MOU) to acquire, gradually, 85% of Geothermie Bouillante SA (GB) at a total company enterprise value of up to...
Ormat Joins the American Business Act on Climate Pledge
RENO, Nev. December 1, 2015, Ormat Technologies, Inc. (NYSE:ORA) announced today it has joined the American Business Act on Climate Pledge, joining more than 140 companies from across the American economy that are standing with the Obama...
Mr. Yoram Bronicki Retiring as Director and Chairman of Board of Directors, and Mr. Gillon Beck appointed by the Board as Chairman
Mr. Stanley Stern appointed by the Board to fill Director vacancy
RENO, Nev. November 17, 2015, Ormat Technologies, Inc. (NYSE:ORA) announced today that Mr. Yoram Bronicki has resigned from his position as the Chairman of the Company’s Board of Directors, effective November 16, 2015. "Yoram Bronicki...
Ms. Dita Bronicki Retiring from Board of Directors
Ms. Ravit Barniv appointed by the Board to fill the vacancy
RENO, Nev. November 3, 2015, Ormat Technologies, Inc. (NYSE:ORA) announced today that Ms. Dita Bronicki has informed the Company that she will resign from her position as a Director on the Company's Board of Directors and a member of the...
Ormat Technologies Reports 2015 Third Quarter Results
Total Revenues increase 16.1% to a quarterly record of $162.9 million; Adjusted EBITDA increased 14.3% to a quarterly record of $79.0 million; Company Increases Full-Year 2015 Total Revenue and Adjusted EBITDA Guidance
RENO, Nevada, November 3, 2015 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the third quarter ended September 30, 2015. Third Quarter Highlights and Recent Developments: • Total revenues increased 16.1% to a...
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2015 Earnings Results
Call will be Webcast Simultaneously
RENO, Nev., October 15, 2015 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2015 earnings results in a press release that will be issued on Tuesday, November 3, 2015 after the market close. The Company has scheduled a...
Ormat and Toshiba Sign Strategic Collaboration Agreement
Collaboration Expected to Increase Geothermal Market Opportunities to Support Future Growth
RENO, Nev., Oct. 14, 2015 (GLOBE NEWSWIRE) -- and TOKYO, Oct. 15, 2015 Ormat Technologies Inc. (NYSE: ORA) and Toshiba Corporation (TOKYO: 6502) announced today that the two companies have signed a strategic collaboration agreement (SCA) to develop...
Don A. Campbell Phase 2 Geothermal Power Plant in Nevada Begins Commercial Operation
Streamlined development allows revenue stream ahead of schedule
RENO, Nev.,September 24, 2015, Ormat Technologies, Inc. (NYSE:ORA) announced today that the second phase of its Don A. Campbell geothermal power plant located in Mineral County, Nevada began commercial operation on September 17, 2015. The power...
Ormat Technologies Reports 2015 Second Quarter Results
Total Revenues increase 10.1% to $140.5 million and Net Income attributable to the Company's stockholders increased 57.8% to $14.4 million Company Reiterates Full-Year 2015 Revenue and Adjusted EBITDA Guidance
RENO, Nevada, August 3, 2015 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the second quarter ended June 30, 2015. Second Quarter Highlights and Recent Developments: • Total revenues of $140.5 million, compared...