Ormat Technologies Inc (NYSE:ORA)

95.60
BATS BZX Real-Time Price
As of 2:34pm ET
 +2.62 / +2.82%
Today’s Change
60.32
Today|||52-Week Range
95.62
+20.55%
Year-to-Date
SECTOR
Utilities
INDUSTRY
Electric Utilities
MARKET CAP
$5.1B

Company Description

Ormat Technologies, Inc. operates as a holding company. The firm engages in the geothermal and recovered energy power businesses. It operates through the following segments: Electricity, Product and Energy Storage. The Electricity segment focuses on the sale of electricity from the company's power plants pursuant to power purchase agreements. The Product segment involves the manufacture, including design and development, of turbines and power units for the supply of electrical energy and in the associated construction of power plants utilizing the power units manufactured by the company to supply energy from geothermal fields and other alternative energy sources. The Energy Storage segment consists of battery energy storage systems as a service and management of curtailable customer loads under contracts with U.S. retail energy providers and directly with large commercial and industrial customers. The company was founded in 1965 and is headquartered in Reno, NV.

Contact Information

Ormat Technologies, Inc.
6140 Plumas Street
Reno Nevada 89519-6075
P:(775) 356-9029
Investor Relations:
1775356902965726

Employees

Shareholders

Individual stakeholders68.50%
Other institutional51.48%
Mutual fund holders46.56%

Top Executives

Doron BlacharChief Executive Officer
Shlomi ArgasPresident
Assi GinzburgChief Financial Officer
Jessica WoelfelCompliance Officer & General Counsel
Etty RosnerSecretary & Senior Vice President