25 August 2010
Ormat Technologies Announces Commercial Operation of the GRE Project| RENO, Nev., Aug 25, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA), today announced that the GRE Recovered Energy Generation (REG) power plant is in commercial operation.
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The project is a 5.5 MW net power plant that converts the waste heat from the exhaust of a gas turbine in a compressor station along a natural gas pipeline in Martin County... |
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04 August 2010
Ormat Technologies, Inc. Issues $142 Million Aggregate Principal Amount of Senior Unsecured Bonds in Regulation S Offering| RENO, Nev., Aug 04, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that on August 3, 2010, it has entered into a trust instrument governing the issuance of, and accepted subscriptions for, approximately $142 million in aggregate principal amount, of senior unsecured bonds (the "Bonds"). The Company is issuing the Bonds outside the United States to investors who are not "U.S. persons" in an unregistered offering pursuant to, and subject to the requirem... |
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04 August 2010
Ormat Technologies, Inc. Reports Second Quarter 2010 Results| RENO, Nev., Aug 04, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the second quarter 2010.
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Second Quarter Results
For the three-month period ended June 30, 2010, total revenues were $96.3 million, a $3.2 million decrease from the second quarter of 2009. The results include a 15% increase in revenues o... |
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02 August 2010
Ormat Becomes Sole Owner of the Mammoth Complex in Mammoth Lakes, California| RENO, Nev., Aug 02, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its wholly owned subsidiary, Ormat Nevada Inc., signed today an agreement to acquire Constellation Energy's 50% stake in the partnership that owns the geothermal power plants at the Mammoth complex for a purchase price of $72.5 million. Following the acquisition, which also closed today, Ormat will become the sole owner of the land, power plants, and associated equipment comprisin... |
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29 July 2010
Ormat Names John Hancock Exclusive Debt Provider Under DOE Loan Guarantee Application For Up to $350 Million in Financing| Part I of application for a DOE loan guarantee has been submitted on July 27th.
RENO, Nev., July 29, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary, Ormat Nevada Inc. ("Ormat Nevada") has mandated John Hancock Life Insurance Company (U.S.A) ("John Hancock") to arrange senior secured construction and term loan facilities under DOE loan Guarantee application of up to $350 million for three geothermal projects currently under construction ... |
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12 July 2010
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2010 Earnings Results| Call Will be Webcast Simultaneously RENO, Nev., July 12, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) plans to announce its second quarter 2010 earnings results in a press release that will be issued on Wednesday, August 4, 2010 after the market close. The Company has scheduled a conference call to discuss the results at 10:00 A.M. EDT on Thursday, August 5, 2010.
The conference call will be broadcast live as a listen-only webcast. To listen live, please go to http://w... |
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28 June 2010
Ormat and JFE Engineering Enter Into a Cooperation Agreement for Implementing Geothermal Projects in Japan| RENO, Nev., June 28, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary Ormat International, Inc., ("Ormat") and JFE Engineering Corporation ("JFEE"), a subsidiary of JFE Holdings, Inc. of Japan, have executed a Cooperation Agreement for implementing geothermal power plant projects in Japan on an Engineering Procurement and Construction ("EPC") basis utilizing Ormat's proprietary binary cycle ORMAT(R) Energy Converters ("OEC") and Geothermal ... |
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21 June 2010
Ormat Amatitlan Power Plant Partially Restored| RENO, Nev., June 21, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) today updated the status of its Amatitlan Project. Following extensive cleanup efforts to remove ash from the recent volcanic eruption in Guatemala, all three power units of the Amatitlan Power Plant have been returned to service and the power plant is now selling power to the grid.
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15 June 2010
Ormat Technologies, Inc. Updates Status of the Puna Geothermal Power Plant in Hawaii| RENO, Nev., June 15, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) today announced that its subsidiary, Puna Geothermal Venture completed the drilling and the mechanical cleaning of the production wells at the Puna Geothermal Power Plant located on the Big Island, Hawaii. Following the well field work the power plant is now back at full production.
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Commenting on the results of the well field work, Dita Bron... |
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07 June 2010
Ormat Updates Status of Amatitlan Power Plant| RENO, Nev., June 7, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) today updated the status of its Amatitlan project in Guatemala.
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Amatitlan's gathering system was damaged following tropical storm 'Agatha', which struck Guatemala last week. The Company believes that most of the wells can be connected to the 20 MW plant quickly and partial operation of the power plant will resume as soon as the cleanup of th... |
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02 June 2010
Ormat's Geothermal Exploration in Alaska Spurred by Legislature| RENO, Nev., June 2, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) announced today that it will accelerate geothermal exploration work this summer on Mount Spurr following Alaska Governor Sean Parnell's signing of Senate Bill 243. Originally, the annual royalty rate paid from geothermal production on state lands was a minimum of 10 percent of gross revenues. This bill significantly reduces that rate to the same level paid on Federal land.
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01 June 2010
No Major Damage to Ormat's Amatitlan Power Plant Resulting From Guatemalan Volcanic Eruption| RENO, Nev., June 1, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) today announced that due to the May 28 volcanic eruption of Volcano De Pacaya in Guatemala its 20MW Amatitlan power plant was temporarily shut down in order to safeguard equipment. We are pleased to report there were no injuries to plant's staff. Preliminary inspection shows no substantial equipment damage; however, the plant will require a thorough clean up prior to restarting.
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27 May 2010
Ormat Technologies, Inc. to Present at the Bank of America Merrill Lynch Alternative Energy Forum| RENO, Nev., May 27, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) today announced that it will be participating in the Bank of America Merrill Lynch Alternative Energy Forum on June 3, 2010 in New York.
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Dita Bronicki, Chief Executive Officer will provide an overview of the business and financial highlights at 1:45 p.m. The event will be available via live, listen only webcast. To access the live event,... |
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10 May 2010
Ormat Technologies, Inc. Announces Parent Approval of Share Purchases| RENO, Nev., May 10, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) (the "Company") today announced that its parent company, Ormat Industries Ltd. ("Parent"), advised it of a recently approved plan by the Parent to acquire from time to time shares of common stock of the Company for the amount up to $50 million, at Parent's management's discretion, in the open market or through privately negotiated transactions. The specific timing and amount of shares to be purchased will var... |
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05 May 2010
Ormat Technologies Reports First Quarter 2010 Results| Q1 NET INCOME OF $1.8 MILLION; Q1 TOTAL REVENUES OF $82.7 MILLION
RENO, Nev., May 5, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter 2010.
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For the three months ended March 31, 2010, total revenues were $82.7 million, compared to $99.3 million in the first quarter of 2009. Revenues from the Electricity Segment rose 6.5% from the first quarter of l... |
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26 April 2010
Medco-Ormat-Itochu-Kyushu Consortium Executed an Agreement re Amendments to the Energy Sales Contract for the Sarulla Geothermal Project| RENO, Nev., April 26, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) announced today that the Medco-Ormat-Itochu-Kyushu Consortium (the "Consortium"), which consists of Medco Energi Internasional Tbk, Ormat International Inc., a subsidiary of Ormat Technologies, Inc., ("Ormat"); Itochu Corporation and Kyushu Electric Power Co. Inc., have signed the "Sarulla Project Joint Confirmation" with the state-owned Indonesian power company PT Perusahaan Listrik Negara ("PLN") confirmi... |
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14 April 2010
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2010 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nev., April 14, 2010 /PRNewswire via COMTEX/ --Ormat Technologies, Inc. (NYSE: ORA) plans to announce its first quarter 2010 earnings results in a press release that will be issued on Wednesday, May 5, 2010 after the market close. The Company has scheduled a conference call to discuss the results at 9:00 A.M. EDT on Thursday, May 6, 2010.
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The conference call will be broadcast live as ... |
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15 March 2010
Ormat Technologies, Inc. to Hold Analyst & Investor Day in New York| RENO, Nev., March 15, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it will be hosting an Analyst & Investor Day on Friday, April 9, 2010 in New York City.
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Dita Bronicki, CEO, Yoram Bronicki, President and COO and other key members of Ormat's management team will host a series of presentations beginning at 8:30 a.m. EDT and concluding at approximately 2:00 p.m. A webcast of the ... |
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11 March 2010
Ormat Technologies Closes Acquisition of Hot Sulphur Springs II, LLC.| RENO, Nevada, March 11, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies (NYSE: ORA), today announced that its wholly owned subsidiary, Ormat Nevada Inc., has completed its acquisition of membership interests in the Hot Sulphur Springs II LLC("HSS"), which includes the Tuscarora project.
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Dita Bronicki, Chief Executive Officer of Ormat Technologies, said, "The Tuscarora project has the potential to yield a sizable geothermal p... |
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11 March 2010
Ormat Technologies, Inc. to Present at the Jefferies 9th Global Clean Technology Conference| RENO, Nev., March 11, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it will be participating in the Jefferies 9th Annual Global Clean Technology Conference on March 17, 2009 in New York.
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Yoram Bronicki, President, Director, and Chief Operating Officer will provide an overview of the business and financial highlights at 2:15 p.m. The event will be available via live, listen only webc... |
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03 March 2010
Ormat Technologies, Inc. Announces May 6, 2010 Annual Meeting of Stockholders| RENO, Nev., March 3, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its 2010 annual meeting of stockholders will be held on Thursday, May 6, 2010 at 1:30 P.M. local time at the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New York.
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A Notice of Internet Availability of Proxy Materials, including details of the annual meeting, will be mailed to stockholde... |
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24 February 2010
Ormat Technologies Reports Record 2009 Year End and Fourth Quarter Results| --Annual net income increased to $68.6 million --Annual revenue increased 20.4% to $415.2 million --Q4 2008 and full year 2008 restatedRENO, Nevada, Feb 24, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced results for the fourth quarter and full year ended December 31, 2009. Highlights of the Company performance include.
Revenues increased 20.4% for the year to $415.2 million and remained consistent with the fourth quarter of 2008.
Annual net ... |
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24 February 2010
David Wagener to Join Ormat Technologies' Board of Directors| RENO, Nev., Feb 24, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced the appointment of Mr. David Wagener of Wagener Capital Management as a new independent member of the Board of Directors of the Company.
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Mr. Wagener will begin serving as a member of the Company's Board of Directors on April 1, 2010 to fill the vacancy resulting from Jacob J. Worenklein's resignation from the Board, effecti... |
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17 February 2010
Ormat Technologies Signs Letter of Intent With KPLC to Increase Capacity of the Olkaria III Geothermal Power Plant| RENO, Nev., Feb 17, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies (NYSE: ORA), announced today that its project subsidiary has signed a letter of intent with the off-taker, Kenya Power & Lighting Co. Ltd ("KPLC"), for further expansion of its Olkaria III power plant by up to 52 MW (from 48 MW to up to 100MW) within the framework of the existing power purchase agreement ("PPA"). The expansion is to be developed in two phases. Phase I comprising of 36 MW within 3.5 years from finalizing ... |
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09 February 2010
North Brawley Power Plant Placed in Service; Currently Generating 17 MW; Additional Operations Update| RENO, Nev., Feb 09, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its North Brawley power plant in California has been placed in service and is currently operating at a stable capacity of 17 MW.
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As previously disclosed, while the Company believes that the North Brawley reservoir is sufficient to support the 50MW output, the re-injection of the geothermal fluid has been a challenge d... |
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09 February 2010
Ormat Nevada Inc. Signs Purchase Agreement for an Advanced Stage Development Property| RENO, Nev., Feb 09, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its wholly owned subsidiary, Ormat Nevada Inc. has signed an agreement to acquire 100% of the membership interests in HSS II, LLC, which includes the Hot Sulphur Springs Geothermal Project in the northern Independence Valley of northeast Nevada. The Project is in an advanced stage of development and has one successful well. The Company plans to construct and operate a geothermal... |
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04 February 2010
Ormat Technologies Provides Puna Power Plant Update| RENO, Nev., Feb 04, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today issued an update on its 30 MW Puna ("Puna") power plant in Hawaii. Puna is currently operating at approximately 17 MW as a result of a decline of the steam supply to the power plant. This decline is resulting in a monthly revenue decrease of less than $1 million based on current energy rates. Energy rates for the Puna power plant are based on the short run avoided cost of the local utility and are ... |
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03 February 2010
Ormat Technologies Awarded Exploration Concession in Chile| RENO, Nev., Feb 03, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc.(NYSE: ORA), today announced that its subsidiary, Ormat Andina SA., was recently awarded a geothermal exploration concession in Northern Chile in the area of San Pablo II. The concession is approximately 26,000 acres located to the north of the San Pablo/San Pedro twin volcanic complex and close to access roads and to copper mines that could be a potential user of the electricity. The Company will engage in prelimina... |
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21 January 2010
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2009 Earnings Results| Call Will be Webcast SimultaneouslyRENO, Nev., Jan 21, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2009 earnings results in a press release that will be issued on Tuesday, February 23, 2010. The Company has scheduled a conference call to discuss the results at 10 a.m. EST on Wednesday, February 24, 2010.
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The conference call will be broadcast live as a li... |
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20 January 2010
Ormat Technologies -- Jacob J. Worenklein to Step Down from Board of Directors on March 31, 2010| RENO, Nev., Jan 20, 2010 /PRNewswire via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced that Mr. Jacob J. Worenklein, a member of the Company's Board of Directors and Audit Committee since November 2004, has informed the Company that he will step down from the Board of Directors on March 31, 2010. Mr. Worenklein's resignation comes as a result of his joining the law firm of Bingham McCutchen LLP as a partner, and that Firm's policy preventing its partners from serving as direc... |
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09 November 2009
Ormat Technologies, Inc. Signs a New 20-Year PPA with Nevada Power Company for 30 MW of Geothermal Power|
RENO, Nevada, Nov. 9 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) announced that one of its subsidiaries has signed a 20-year power purchase agreement (PPA) with Nevada Power Company (a subsidiary of NV Energy, Inc.) to purchase 30 megawatts (MW) from the McGinness Hills Geothermal project, which is currently under construction. The PPA is subject to various approvals including the approval of the Public Utilities Commission of Nevada and is projected to come o... |
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09 November 2009
Ormat Technologies, Inc. to Participate in the Thomas Weisel Partners Alternative Energy & Natural Resources Conference|
RENO, Nev., Nov. 9 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will present at the Thomas Weisel Partners Alternative Energy & Natural Resources Conference.
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Ms. Bronicki will provide an overview of the business and financial highlights at 12:55 a.m. EST, Tuesday, November 10, 2009. The event will be available via live, list... |
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04 November 2009
Ormat Technologies, Inc. Reports Third Quarter 2009 Results| Q3 Net Income increased 48% to $23.4 millionQ3 Revenue increased 20% to $119.8 million RENO, Nev., Nov 04, 2009 /PRNewswire-FirstCall via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the third quarter of 2009.
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Third Quarter Results
For the three-month period ended September 30, 2009, total revenues were $119.8 million, an increase of 20.2% from $99.7 million in the third quarter o... |
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03 November 2009
Ormat Technologies, Inc. Announces Re-Purchase of Part-Ownership Interest in Certain of Its Geothermal Power Projects From an Institutional Equity Investor|
RENO, Nev., Nov. 3 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced that on October 30 its wholly-owned subsidiary, Ormat Nevada Inc., concluded the purchase of all of the class B membership interests in OPC LLC held by Lehman-OPC LLC, an affiliate of Lehman Brothers Inc., for a purchase price of $18.5 million. A substantial portion of the sale of the class B membership interests by Ormat was accounted for as a financing. As a result, the repurchase of these... |
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20 October 2009
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2009 Earnings Results|
RENO, Nev., Oct. 20 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2009 earnings results in a press release that will be issued on Wednesday, November 4, 2009 after the market close. The Company has scheduled a conference call to discuss the results at 9:00 A.M. EST on Thursday, November 5, 2009.
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The conference call wi... |
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19 October 2009
Ormat Signs Joint Venture Agreement for Solar (PV) Power Systems|
RENO, Nevada, Oct. 19 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA), announced today that its Israeli subsidiary, Ormat Systems Ltd., has signed a Joint Venture Agreement ("JVA") with Sunday Energy Ltd. ("Sunday"), an Israeli private company to develop, construct and operate solar-photovoltaic ("PV") energy systems in Israel with a total capacity of 36 MW.
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Under the JVA... |
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20 August 2009
Mammoth Pacific Geothermal Power Plant Honored with Environmental Award from State of California| RENO, Nev., Aug. 20 /PRNewswire-FirstCall/ -- Mammoth Pacific geothermal
power plant, operated and partially-owned by Ormat Technologies, Inc. (NYSE:
ORA), received the California Department of Conservation's Outstanding Lease
Maintenance Award for its ongoing commitment to environmental safety and
outstanding lease maintenance.
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"The Department of Conservation recognizes those operators that
continuously main... |
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05 August 2009
Ormat Technologies, Inc. Reports Second Quarter 2009 Results| Q2 net income increased 32.3% to $16.0 million;
Q2 revenues increased 24.9% to $100.2 million;
RENO, Nev., Aug. 5 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced record financial results for the second quarter of
2009.
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Second Quarter Results
Total revenues for the second quarter were $100.2 million, compared to
$80.2 million for t... |
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13 July 2009
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2009 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nev., July 13 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its second quarter 2009 earnings results in a
press release that will be issued on Wednesday, August 5, 2009 after the
market close. The Company has scheduled a conference call to discuss the
results at 10:00 A.M. EDT on Thursday, August 6, 2009.
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... |
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21 May 2009
Ormat Technologies Announces $42 Million Senior Debt Financing for the Amatitlan Geothermal Power Plant in Guatemala| RENO, Nev., May 21 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) announced today that on May 18, 2009, its wholly-owned subsidiary,
Ortitlan Limitada, signed a Note Purchase Agreement with TCW Global Project
Fund II, Ltd., an energy and infrastructure investment vehicle managed by TCW
Energy and Infrastructure Group (part of TCW Asset Management Company),
providing for the issuance of up to $42 million to refinance Ormat's
investment in the 20 MW Amatitlan geothermal p... |
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11 May 2009
Ormat Technologies, Inc. Reports Record First Quarter 2009 Results| Q1 net income increased 45.2% to $14.5 million; Q1 total revenues
increased 44.0% to $99.9 million with record Products Segment revenues of
$37.3 million.
RENO, Nev., May 11 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced financial results for the first quarter 2009.
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For the three month period ended March 31, 2009, total revenues were $99.9
million, an increase of 44.0% ... |
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08 April 2009
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2009 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nevada, April 8 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its first quarter 2009 earnings results in a
press release that will be issued early morning on Monday, May 11, 2009. The
Company has scheduled a conference call to discuss the results, on the same
day at 9 a.m. EDT.
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The conference call will be broadcast live as a li... |
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23 March 2009
Ormat Technologies Commissions the OREG-4 Peetz Project| -- RENO, Nev., March 23, 2009 /PRNewswire-FirstCall via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA), today announced that its Peetz Recovered Energy Generation (REG) project reached commercial operation.
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The project consists of a 4 MW REG power plant that converts recovered waste heat from the exhaust of existing gas turbine at a compressor station located along a natural gas pipeline near Denver, Colorado. The electri... |
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09 March 2009
Ormat Technologies, Inc. to Participate in the Merrill Lynch Cleantech Leaders Conference| RENO, Nev., March 9 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will
present at the Merrill Lynch Cleantech Leaders Conference in New York City.
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Ms. Bronicki will provide an overview of the business and financial
highlights at 10:45 a.m. EDT on Wednesday, March 11, 2009. The event will be
available via live, listen only webcast. T... |
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06 March 2009
Ormat Technologies Announces Closing of $105 Million Long-Term Senior Debt Financing for the Olkaria III Geothermal Power Project in Kenya| RENO, Nev., March 6, 2009 /PRNewswire-FirstCall via COMTEX/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its wholly-owned subsidiary, OrPower 4, Inc., concluded the closing under its previously announced loan documents for up to $105 million project financing to refinance Ormat's investment in the Olkaria III geothermal project. The 48 MW power plant is located in Naivasha, Kenya.
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05 March 2009
Ormat Technologies, Inc. Announces May 8, 2009 Annual Meeting of Stockholders| RENO, Nev., March 5 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) is pleased to announce that its 2008 annual meeting of
stockholders will be held on Friday, May 8, 2009 at 1:30 P.M. local time at
the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New
York.
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A Notice of Internet Availability of Proxy Materials, including details of
the annual meeting, will be mailed to ... |
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25 February 2009
Ormat Technologies Reports Record Fourth Quarter 2008 and Year-End Results| RENO, Nev., Feb. 25 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced results for the fourth quarter and full year ended
December 31, 2008.
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Highlights of the company performance include:
-- Revenues increased 35.2% for the quarter to $95.5 million and 16.5%
for the year to $344.8 million.
-- Net income increased 31.3% to $11.7 million in the quarter and 82.0... |
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12 February 2009
Ormat Technologies Commissions the First Two Facilities of the OREG 2 Project| RENO, Nev., Feb. 12 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced that two of the four facilities in the OREG 2
Recovered Energy Generation (REG) project reached commercial operation in
December 2008 and January 2009, respectively.
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The OREG 2 project is Ormat's second REG project located along the
Northern Border natural gas pipeline. The project consists of four power
plan... |
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22 January 2009
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2008 Earnings Results| RENO, Nev., Jan 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- Call Will be Webcast Simultaneously
Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2008 earnings results in a press release that will be issued on Tuesday, February 24, 2009. The Company has scheduled a conference call to discuss the results at 10 a.m. EST on Wednesday, February 25, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The conference call will be broadcas... |
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21 January 2009
Ormat Technologies Secures a $65 Million Contract for a New Geothermal Power Plant in Costa Rica| RENO, Nev., Jan. 21 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it has signed a contract with Banco
Centroamericano de Integracion Economica ("BCIE") for the supply, supervision
of installation, start-up and testing of Las Pailas Geothermal Plant, a new
geothermal power plant that is to be constructed in Las Pailas Field, Costa
Rica.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The plant will be utilized by Instit... |
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08 January 2009
Ormat Technologies Signs a $105 Million Long-Term Senior Debt Financing for the Olkaria III Geothermal Power Project in Kenya| RENO, Nev., Jan 08, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that on January 5, 2009, its wholly-owned subsidiary, Orpower 4, Inc., signed loan documents for project financing of up to $105 million to refinance Ormat's investment in the 48 MW Olkaria III geothermal power plant located in Naivasha, Kenya. Ormat financed construction of Phase I and Phase II of the project, as well as the drilling of wells, by investing approximate... |
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23 December 2008
Amatitlan Geothermal Project in Guatemala Receives United Nations' Clean Development Mechanism Registration| The Project is Expected to Offset 83,000 Tons of Carbon Dioxide Emissions Per
Year
RENO, Nev., Dec. 23 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) announced today that the Executive Board of the United Nations
Framework Convention on Climate Change ("UNFCCC") officially registered
Ormat's Amatitlan Geothermal Project in Guatemala as a Clean Development
Mechanism ("CDM") on December 12, 2008.
(Logo: http://www.newscom.com/cg... |
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04 December 2008
Ormat Technologies Completes Kenyan Geothermal Project| WASHINGTON, Dec 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Plant Expansion Will Meet Rising Demand for Clean, Renewable, Cost-Effective Power
Ormat Technologies, Inc. (NYSE: ORA) announced today at an American Council On Renewable Energy (ACORE) event the completion of phase two construction at the Olkaria III geothermal power plant in Kenya. The power plant has been synchronized to the grid, adding 35 MW of base load capacity to the existing 13 MW plant that has been in continu... |
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05 November 2008
Ormat Technologies, Inc. Reports Third Quarter 2008 Results| Q3 Revenues Increased 25.5% to $99.7 million;
Q3 Products Segment Revenues of $30.9 million;
RENO, Nev., Nov. 5 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced financial results for the third quarter of 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Third Quarter Results
For the three month period ended September 30, 2008, total revenues were
$99.7 million, an increase of 25.5... |
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29 October 2008
Ormat Funding Corp. Declares the Expiration and Effective Date of its Previously Announced Consent Solicitation| Relating to the 8 1/4% Senior Secured Notes due December 30, 2020
CUSIP No.: 686685AB4
RENO, Nev., Oct. 29 /PRNewswire/ -- Ormat Funding Corp. (the "Company"), a
wholly owned subsidiary of Ormat Technologies, Inc. (NYSE: ORA), today
declared the Expiration and Effective Date of the consent solicitation
launched on October 16, 2008 relating to the Company's 8 1/4% Senior Secured
Notes due December 30, 2020, CUSIP No.: 686685AB4 (the "Consent
Solic... |
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19 October 2008
Geothermal Energy Improves U.S. Oil Recovery| RENO, Nev., Oct. 19 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) announces the successful co-production of geothermal power at a
producing oil well. This project marks the first of its kind by providing
onsite fuel free power that will increase the productivity and possibly extend
the longevity of existing U.S. oil fields.
(Photo: http://www.newscom.com/cgi-bin/prnh/20081019/CLSU901
Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
... |
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16 October 2008
Ormat Funding Corp. Announces Launch of Consent Solicitation| Relating to the 8 1/4% Senior Secured Notes due December 30, 2020
RENO, Nev., Oct. 16 /PRNewswire-FirstCall/ -- Ormat Funding Corp. (the
"Company"), a wholly owned subsidiary of Ormat Technologies, Inc. (NYSE: ORA),
announced today that it has launched a consent solicitation relating to its
8 1/4% Senior Secured Notes due December 30, 2020 (CUSIP Number: 686685AB4).
The consent solicitation expires at 5:00 p.m., New York time, on October 29,
2008, unless extended by the Company (the "E... |
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15 October 2008
Ormat Technologies, Inc. to Participate in the Jefferies 6th Global Clean Technology Conference| RENO, Nev., Oct. 15 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will
present at the Jefferies 6th Global Clean Technology Conference in London,
England.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Ms. Bronicki will provide an overview of the business and financial
highlights at 9:30 a.m. BST / 4:30 a.m. EDT on Wednesday, October 22, 2008.
The event will be available via li... |
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08 October 2008
Ormat Technologies Closes $100 Million Line of Credit| This Addition Brings Total Available Credit Lines to $260 Million
RENO, Nev., Oct. 8 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it has established a three-year $100 million
line of credit through a commercial bank. In total, Ormat's approved unused
corporate lines of credits with various commercial banks are $260 million.
"Given the turbulence in the credit and stock markets we are pleased to
secure additional financing. Our focus ... |
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07 October 2008
DOE Invests in Ormat Enhanced Geothermal System Research| Brady resource will be second EGS site for Ormat Technologies
RENO, Nev., Oct. 7 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that the Department of Energy (DOE) has once more
chosen Ormat to demonstrate the viability of Enhanced Geothermal Systems (EGS)
with a grant for nearly $3.4 million to improve hot, non-commercial wells
located within a stress environment and in formations favorable for
permeability enhancements using EGS techniques.
... |
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06 October 2008
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2008 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nev., Oct. 6 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its third quarter 2008 earnings results in a
press release that will be issued on Wednesday, November 5, 2008 after the
market close. The Company has scheduled a conference call to discuss the
results at 9:00 A.M. EST on Thursday, November 6, 2008.
The conference call will be broadcast live as a listen-only webcast. To
listen live, please... |
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05 October 2008
Ormat Technologies has Completed the Upgrade of the Steamboat 2/3 Projects| RENO, Nev., Oct. 5 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) announced today the successful completion of the Steamboat 2/3
upgrade project. The upgrade included the replacement of the 4 Rotoflow
centrifugal expenders originally installed at these plants with direct drive
gearless 11 MW axial turbines each designed and manufactured by Ormat
specifically for geothermal use.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
(Photo: http:... |
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17 September 2008
Ormat Technologies, Inc. Files Universal Shelf Registration Statement| RENO, Nev., Sept. 17 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), announced today that it has filed a universal shelf registration
statement on Form S-3 with the Securities and Exchange Commission ("SEC").
The shelf registration statement, when declared effective by the SEC, will
replace the Company's existing shelf registration filing whose effectiveness
will expire in January 2009, and will provide Ormat Technologies the
opportunity to issue various types of securi... |
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11 September 2008
Ormat Technologies, Inc. Secures Geothermal Rights in Alaska| RENO, Nev., Sept 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it has secured geothermal rights for
approximately 35,000 acres of land to explore geothermal energy in the
vicinity of Anchorage, Alaska's largest city, for a total purchase price of
approximately $3.3 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Ormat won 15 of the 16 tracts offered for lease on Mount Spurr, a
snowcapped 11,... |
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04 September 2008
Nevada Geothermal Issues Full Notice to Proceed to Ormat for the Blue Mountain Faulkner 1 Power Plant| VANCOUVER, British Columbia, Sept 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Nevada
Geothermal Power Inc. (NGP) (OTC Bulletin Board: NGLPF; TSX-V: NGP) and Ormat
Technologies, Inc. (NYSE: ORA) announced today that NGP Blue Mountain 1 LLC
(NGP 1) has issued a Full Notice to Proceed (FNTP) under its fixed-price,
date-certain engineering, procurement and construction (EPC) contract with
Ormat Nevada Inc. to supply and construct the Phase 1 49.5 MW gross 'Faulkner
1' geothermal... |
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05 August 2008
Ormat Technologies, Inc. Reports Second Quarter 2008 Results| Q2 net income increased 42.3% to $12.2 million; Products Backlog Increased $144 million to $186 million RENO, Nev., Aug 05, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced financial results for the second quarter of 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Second Quarter Results
Electricity revenues for the second quarter increased by 11.6% to $61.8
million and product revenues decreased by 35... |
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10 July 2008
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2008 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nev., July 10 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its second quarter 2008 earnings results in a
press release that will be issued on Tuesday, August 5, 2008 after the market
close. The Company has scheduled a conference call to discuss the results at
10:00 A.M. EDT on Wednesday, August 6, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The con... |
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01 July 2008
Ormat Technologies Secures a $42 Million Contract for a Geothermal Power Plant in New Zealand| RENO, Nevada, July 1 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that two of its subsidiaries entered into a supply
contract and a construction contract with Contact Energy LTD of New Zealand
for Centennial Binary Plant, a new geothermal power plant that is to be
constructed in the Tauhara Geothermal Field in New Zealand. The contracts are
valued at a total of approximately $42 million and construction of the power
plant is expected to be completed wi... |
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26 June 2008
Ormat Technologies Secures a $16 Million Contract for a Geothermal Power Plant in Turkey| RENO, Nev., June 26 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that one of its subsidiaries entered into a supply
contract for a new geothermal power plant to be constructed in Turkey. The
contract is valued at approximately $16 million and delivery of the equipment
is expected to be completed within 16 months from the contract date.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The customer, MEGE- Menderes Geothermal ... |
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14 May 2008
Ormat Technologies, Inc. Announces Closing of Sale of 3,100,000 Shares of Common Stock| RENO, Nev., May 14 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) (the "Company") today announced the closing of the sale of
3,100,000 shares of common stock in a public offering. Lehman Brothers Inc.
acted as underwriter for the public offering.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The aggregate net proceeds from the public offering, after deducting
underwriting discounts and commissions and estimated offering expenses, are
app... |
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09 May 2008
Ormat Technologies, Inc. Announces Offering of 3,100,000 Shares of Common Stock| RENO, Nev., May 9 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) (the "Company") today announced that it has agreed to sell
3,100,000 shares of common stock to Lehman Brothers Inc. in a block trade. A
registration statement relating to these securities has been filed with the
Securities and Exchange Commission and became effective on January 31, 2006. A
preliminary prospectus supplement relating to the offering dated May 8, 2008
has been filed with the Securities and Ex... |
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06 May 2008
Ormat Technologies, Inc. Reports First Quarter 2008 Results| Q1 total revenue increased 12.4% to $69.4 million Q1 net income of $10.1 million RENO, Nev., May 6, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced financial results for the first quarter of 2008.
Total revenues for the first quarter were $69.4 million, versus $61.7 million
for the first quarter of 2007, an increase of 12.4%, consisting of an increase
of 36.3% in revenues from the Company's Electricity Segment, offset in part by... |
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01 May 2008
Ormat Technologies, Inc. Commissions the 10 MW Heber South Project| RENO, Nev., May 1 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced that Heber South geothermal project located in
the Imperial Valley, California, reached commercial operation on Mid April
2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The Heber South project is Ormat's second geothermal power plant to reach
commercial operation since the beginning of the year. It is integrated into
the existing Heber Complex and brin... |
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01 May 2008
Ormat Technologies and Montana-Dakota Utilities Co. Announce New Recovered Energy Generation Project| RENO, Nev., May 1 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) and Montana-Dakota Utilities Co. announced today that the two
companies entered into an Engineering, Procurement and Construction (EPC)
agreement to build a 5.3 MW recovered energy generation facility to be located
on the Northern Border Pipeline Company's (Northern Border) compressor station
in Morton County, North Dakota. The facility, which is expected to be
completed in the fourth quarter of 2009, wil... |
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18 April 2008
Ormat Technologies, Inc. Announces Second Closing Under Transaction to Sell Part Ownership Interests in Certain Geothermal Power Projects| RENO, Nev., April 18 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced that on April 17, 2008 its wholly-owned
subsidiary, Ormat Nevada Inc., concluded the second closing under its
previously announced transaction to sell part-ownership interests in certain
geothermal power projects to affiliates of Morgan Stanley & Co. Incorporated
and Lehman Brothers Inc., as institutional equity investors. Under this
second closing, the Galena 3 geothermal project ... |
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18 April 2008
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2008 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nev., April 18 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its first quarter 2008 earnings results in a
press release that will be issued on Tuesday, May 6, 2008 after the market
close. The Company has scheduled a conference call to discuss the results at
9:00 A.M. EDT on Wednesday, May 7, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The conference... |
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16 April 2008
Ormat Technologies Signs a New Power Purchase Agreement With Great River Energy| Power to be produced by an Ormat Recovered Energy Generation Facility in
Minnesota
RENO, Nevada, April 16 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced that one of its wholly-owned subsidiaries has
executed a new 20-year power purchase agreement (PPA) with Great River Energy
(GRE), a Minnesota cooperative corporation of Elk River, Minnesota for
electricity to be produced by a new ORMAT(R) Recovered Energy Generation... |
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02 April 2008
Ormat Technologies and Nevada Geothermal Power Execute EPC Contract for Blue Mountain Faulkner 1 Power Plant| VANCOUVER, BRITISH COLUMBIA, Apr 02, 2008 (MARKET WIRE via COMTEX News Network) -- Nevada Geothermal Power Inc. (NGP) (TSX VENTURE: NGP)(OTCBB: NGLPF)
and Ormat Technologies Inc.'s (NYSE: ORA), subsidiary Ormat Nevada
Inc. announced today that NGP Blue Mountain I LLC (NGP I) has entered
into an Engineering, Procurement and Construction Contract (EPC) for
a 49.5 MW power plant, consisting of three Ormat Energy Converters
(OEC's) at Blue Mountain's geothermal project in Nevada. The plant
des... |
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26 March 2008
Ormat Announces First Geothermal Joint Ownership With Investor Owned Utility| RENO, Nevada, March 26 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), a leading geothermal developer in the United States, and Sierra
Pacific Resources (NYSE: SRP) announce a collaboration that opens a new
frontier in bringing geothermal to the forefront of utility energy
development. Ormat Nevada, Inc. and Nevada Power Company, respective
subsidiaries of the two companies, have entered into a Joint Ownership
Agreement (JOA) for a geothermal power project that is curre... |
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11 March 2008
Ormat Technologies, Inc. to Participate in the Citi Small and Mid-Cap Conference| RENO, Nev., March 11 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will
present at the Citi Small and Mid-Cap Conference in Las Vegas, Nevada.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Ms. Bronicki will provide an overview of the business and financial
highlights at 11:05 a.m. ET / 8:05 a.m. PT on Tuesday, March 18, 2008. The
event will be available via live, listen only we... |
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10 March 2008
Ormat Technologies, Inc. Announces May 6, 2008 Annual Meeting of Stockholders| RENO, Nev., March 10 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) is pleased to announce that its 2008 annual meeting of
stockholders will be held on Tuesday, May 6, 2008 at 1:30 P.M. local time at
the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New
York.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
A Notice of Internet Availability of Proxy Materials, including details of
the annual meeting, will be mailed t... |
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27 February 2008
Ormat Technologies, Inc. Reports Fourth Quarter 2007 and Year-End Results| RENO, Nevada, Feb. 26 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced financial results for the fourth quarter and full
year ended December 31, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
For the fourth quarter of 2007, total revenues were $70.6 million, an
increase of 6.0% over the fourth quarter of 2006. Electricity Segment revenues
for the quarter increased 19.2% over the fourth quarter of 2006. Net income
for the q... |
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14 February 2008
DOE & National Laboratories Project Targets Commercial Viability for Enhanced Geothermal Systems| Ormat Desert Peak Aims to be First U.S. Commercial Power Project Using EGS
RENO, Nev., Feb. 14 /PRNewswire-FirstCall/ -- Work has begun on the first
application of an Enhanced Geothermal System (EGS) utilizing a production well
at a commercial geothermal site. This project will demonstrate the viability
of EGS and the technology's potential to generate clean, renewable baseload
geothermal electricity in many areas throughout the country, Ormat
Technologies, Inc. (NYSE: ORA) announce... |
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13 February 2008
Nevada Geothermal Issues Limited Notice to Proceed to Ormat for the Blue Mountain Faulkner 1 Power Plant| VANCOUVER, British Columbia, Feb. 13 /PRNewswire-FirstCall/ -- Nevada
Geothermal Power Inc. (NGP) (TSX-V: NGP, OTC Bulletin Board: NGLPF) and Ormat
Technologies, Inc. (NYSE: ORA) announced today that NGP Blue Mountain I LLC
(NGP I) has issued a US$20 million Limited Notice to Proceed (LNTP) under a
fixed-price, date-certain engineering, procurement and construction (EPC)
contract to be signed with Ormat Nevada Inc. to supply and construct the Phase
1 power plant of NGP's planned geothe... |
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10 February 2008
Ormat Technologies, Inc. to Participate in Piper Jaffray's 2008 Clean Tech & Renewables Conference| RENO, Nev., Feb 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Yoram Bronicki, president and chief operating
officer, will present at the Piper Jaffray 2008 Clean Tech & Renewables
Conference in New York City.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Mr. Bronicki will provide an overview of the business and financial
highlights at 10:30 a.m. EST on Wednesday, February 20, 2008 during a liv... |
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30 January 2008
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2007 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nev., Jan. 30 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its fourth quarter and year-end 2007 earnings
results in a press release that will be issued on Tuesday, February 26, 2008.
The Company has scheduled a conference call to discuss the results at 9 a.m.
EST on Wednesday, February 27, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The conference c... |
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09 January 2008
Ormat Technologies, Inc. Announces Unregistered Sale of Common Stock| RENO, Nev., Jan. 9 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced the closing of the sale of 693,750 shares of
common stock to its parent company, Ormat Industries Ltd., in an unregistered
sale complying with the requirements of Regulation S under the Securities Act
of 1933, as amended. The price per share for the shares of common stock
issued in the unregistered sale was $48.02 per share, representing a 5%
discount to the closing market price of the C... |
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18 December 2007
Medco-Ormat-Itochu Consortium Complete Execution of Agreements for Sarulla Geothermal Project| RENO, Nev., Dec 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) announced today that the Medco-Ormat-Itochu Consortium (the
"Consortium"), which consists of Medco Energi Internasional Tbk; Ormat
International Inc., a subsidiary of Ormat Technologies, Inc. ("Ormat"); and
the Itochu Corporation, completed the execution of the project documents for
the 340 MW Sarulla Geothermal Project in Indonesia. The Consortium signed an
Amendment to the Join... |
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17 December 2007
Ormat Technologies, Inc. Signs New 20-Year Power Purchase Agreement with Southern California Edison for up to 100 Megawatts of Geothermal Power| RENO, Nev., Dec 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that its subsidiary signed a 20-year power
purchase agreement with Southern California Edison (SCE) for the sale of
energy to be produced by a new plant that will be built in Imperial Valley,
Calif. The plant is expected to come on line by mid 2012 and is expected to
have a total output of 30 megawatts. The agreement includes an option to
increase capacity to 100 ... |
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06 November 2007
Ormat Technologies, Inc. Reports Third Quarter 2007 Results|
Q3 Net Income up 13.1 Percent to $15.8 million
Q3 Revenue up 2.1 Percent to $79.5 million
RENO, Nev., Nov. 6 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced financial results for the third quarter ended
September 30, 2007.
Third Quarter Results
For the third quarter of 2007, the Company reported total revenue of $79.5
million versus $77.8 million for the third quarter of 2006, with an increase
of 8.9% ... |
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26 October 2007
Ormat Technologies, Inc. Announces Closing of Sale of 3 Million Shares of Common Stock| RENO, Nev., Oct. 26 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) (the "Company") today announced the closing of the sale of
3,000,000 shares of common stock in a public offering. Lehman Brothers Inc.
acted as underwriter for the public offering.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The Company further announced today the separate closing of the sale of
381,254 shares of common stock to its parent company, Ormat Industries Ltd.... |
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23 October 2007
Ormat Technologies, Inc. Announces Offering of 3 Million Shares of Common Stock| RENO, Nev., Oct 23, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) (the "Company") today announced that it has agreed to sell
3,000,000 shares of common stock in a public offering. Lehman Brothers Inc.
is acting as underwriter for the public offering. The closing of the offering
is expected to occur on October 26, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
A copy of the final prospectus relating to the offering m... |
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18 October 2007
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter Earnings Results| RENO, Nev., Oct. 18 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its third quarter earnings results in a press
release that will be issued on Tuesday, November 6, 2007. The Company has
scheduled a conference call to discuss the results at 9 a.m. EST on Wednesday,
November 7, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The conference call will be broadcast live as a listen-only webcast. To
listen live, please... |
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14 October 2007
Ormat Technologies, Inc. to Participate in Jefferies' Fourth Annual Global Clean Technology Conference| RENO, Nev., Oct. 14 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will
present at the Jefferies Fourth Annual Global Clean Technology Conference on
Thursday, October 18th 2007 in London, England.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Ms. Bronicki will provide an overview of the business and financial
highlights at 3:15 PM BST / 10:15 AM EDT during a live listen only web... |
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24 September 2007
Ormat Technologies, Inc. CEO to Participate in Panel Discussion at the Merrill Lynch 2007 Power & Gas Leaders Conference| RENO, Nev., Sept. 24 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will
be participating in a panel discussion at the Merrill Lynch 2007 Power & Gas
Leaders Conference in New York. The panel is entitled Renewable Energy and
will be webcast on Wednesday, September 26, 2007 at 12:30 pm ET.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
To access the live webcast, visit the Co... |
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20 September 2007
Yoram Bronicki Appointed President of Ormat Technologies| RENO, Nev., Sept. 20 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced that its Board of Directors has appointed Yoram
Bronicki, currently the Company's Chief Operating Officer, to the position of
President, effective immediately. Mr. Bronicki will continue to serve as the
Company's Chief Operating Officer in addition to his duties as President. Dita
Bronicki, who is stepping down from the position of President, will continue
to serve as the Company's Chie... |
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20 August 2007
Medco-Ormat-Itochu Consortium Signs Heads of Agreement for Sarulla Geothermal Project at the Japan-Indonesia Forum| JAKARTA, Indonesia, Aug 20, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- The Medco-Ormat-
Itochu Consortium ("the Consortium"), which consists of Medco Energi
Internasional Tbk; Ormat International, Inc., a subsidiary of Ormat
Technologies, Inc. (NYSE: ORA); and the Itochu Corporation, today announced
the signing of a Heads of Agreement ("HoA") for the Sarulla Geothermal
Project. In addition to members of the Consortium, Mr. Eddie Widiono,
President Director of state-owned Indon... |
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15 August 2007
Ormat Technologies Secures Seven Geothermal Leases in Nevada| RENO, Nev., Aug 15, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it has won a bid for approximately 68,900
acres of geothermal leases in Nevada, that were auctioned by the Bureau of
Land Management ("BLM") for the total amount of approximately $8.2 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Dita Bronicki, President and Chief Executive Officer of Ormat
Technologies, said: "This auction is... |
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08 August 2007
ORMAT Technologies, Inc. Reports Second Quarter 2007 Results|
Q2 Revenue up 31.2 Percent to $84.1 Million
24 MW added to generating capacity in Q2
RENO, Nev., Aug. 8 /PRNewswire-FirstCall/ -- ORMAT Technologies, Inc.
(NYSE: ORA) today announced financial results for the second quarter ended
June 30, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Second Quarter Results
For the second quarter of 2007, the Company reported total revenue of
$84.1 million versus $64.... |
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06 August 2007
Ormat Technologies to Supply Recovered Energy Generation Unit to the Italcementi Group| RENO, Nev., Aug. 6 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that its subsidiary has entered into a
US$5.7 million agreement with Italcementi Group of Bergamo, Italy, for the
supply of one ORMAT(R) ENERGY CONVERTER (OEC) for a new Recovered Energy
Generation (REG) plant. The plant is to be installed in the Martinsburg, West
Virginia cement plant, belonging to Essroc, an Italcementi subsidiary in the
USA. The equipment is to be supplied within 14 m... |
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23 July 2007
Ormat Technologies Signs New Contract Recovered Energy Generation Facility in Colorado| RENO, Nev., July 23 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced that one of its wholly-owned subsidiaries has
signed a 20-years Recovered Energy Purchase Agreement (PPA) with Highline
Electric Association, a consumer-owned cooperative serving load in Colorado
and Nebraska, for the sale of electricity generated from a 4MW ORMAT(R)
Recovered Energy Generation (REG) power plant to be constructed along a
Natural Gas compression station near Denver, Color... |
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16 July 2007
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter Earnings Results| RENO, Nev., July 16, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its second quarter earnings results in a press
release that will be issued on Wednesday, August 8, 2007. The Company has
scheduled a conference call to discuss the results at 9 a.m. EDT on Thursday,
August 9, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
The conference call will be broadcast live as a listen-only webcast. To
liste... |
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02 July 2007
Ormat Signs Its Largest Power Purchase Agreement to Date| 20-Year Agreement with Southern California Edison for 50 MW with Option to
Increase
RENO, Nev., July 2 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it has signed a 20-year power purchase
agreement (PPA) with Southern California Edison (SCE) to purchase 50 megawatts
(MW) of clean energy output from the Brawley I Project, which is currently
under construction in Imperial County, California, by Ormat. The PPA incl... |
|
12 June 2007
Ormat Technologies, Inc. Announces Closing of Sale of Part-Ownership Interest in Certain Geothermal Power Projects to Institutional Equity Investors| RENO, Nev., June 12, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that on June 7, 2007 its wholly-owned subsidiary,
Ormat Nevada Inc., concluded a transaction to monetize production tax credits
resulting from certain of its geothermal power projects by bringing in
affiliates of Morgan Stanley & Co. Incorporated and Lehman Brothers Inc., as
institutional equity investors to own the projects jointly with Ormat Nevada.
The pro... |
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31 May 2007
Ormat Technologies, Inc. to Participate in a Panel Discussion at the Second Annual Citi Power, Gas and Utilities Conference| RENO, Nev., May 31, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Dita Bronicki, President and Chief Executive
Officer, will be participating in the How Big is the Renewables Niche? Panel
as part of the Second Annual Citi Power, Gas and Utilities Conference to be
held at 1:30 PM on Thursday, June 7, 2007 in Charleston, South Carolina.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
To access the live webc... |
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31 May 2007
Ormat Funding Corp. Declares Expiration of its Previously Announced Consent Solicitation| Reno, Nevada, May 31, 2007 - Ormat Funding Corp. (the "Company"), a wholly owned subsidiary of Ormat Technologies, Inc. (NYSE: ORA), today announced the expiration of the consent solicitation launched on May 16, 2007 relating to the Company's 8¼% Senior Secured Notes due December 30, 2020, CUSIP No.: 686685AB4 (the "Consent Solicitation"). As previously announced, the Consent Solicitation and Waivers granted pursuant thereto became effective and no longer revocable at 5:00 p.m. New ... |
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25 May 2007
Ormat Funding Corp. Declares Effective Date of Its Previously Announced Consent Solicitation| Relating to the 8 1/4% Senior Secured Notes due December 30, 2020 CUSIP No.: 686685AB4
RENO, Nev., May 25 /PRNewswire-FirstCall/ -- Ormat Funding Corp.
(the "Company"), a wholly owned subsidiary of Ormat Technologies, Inc.
(NYSE: ORA - News), today declared the Effective Date of the consent solicitation
launched on May 16, 2007 relating to the Company's 8 1/4% Senior Secured Notes
due December 30, 2020, CUSIP No.: 686685AB4 (the "Consent Solicitation").
Holders of more than 51% of the ag... |
|
24 May 2007
Ormat Technologies, Inc. Signs New 20-Year Power Purchase Agreement With Nevada Power Company for Up to 30 MW of Geothermal Power| New geothermal plant to be constructed by Ormat
at geothermal site in rural Nevada
RENO, Nev., May 24 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that one of its subsidiaries has signed a 20-year
Power Purchase Agreement (PPA) with Nevada Power Company, a subsidiary of
Sierra Pacific Resources, for the sale of energy produced from the Grass
Valley Geothermal Power Plant to be built in Lander County in northern Neva... |
|
16 May 2007
Ormat Funding Corp. Announces Launch of Consent Solicitation Relating to the 8 1/4% Senior Secured Notes Due December 30, 2020 CUSIP No.: 686685AB4| RENO, Nev., May 16 /PRNewswire/ -- Ormat Funding Corp. (the "Company"), a
wholly owned subsidiary of Ormat Technologies, Inc. (NYSE: ORA), announced
today that it has launched a consent solicitation relating to its 8 1/4%
Senior Secured Notes due December 30, 2020 (CUSIP No.: 686685AB4) (the
"Consent Solicitation"). The Consent Solicitation expires at 5:00 p.m., New
York time, on May 30, 2007, unless extended by the Company (the "Expiration
Date"). The Consent Solicitation is made up... |
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14 May 2007
Ormat Technologies Signs New Power Purchase Agreement with Basin Electric| Power to be Produced by Four ORMAT Recovered Energy Generation Facilities In
South Dakota And Minnesota
RENO, Nevada, May 14 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA), today announced that one of its wholly-owned subsidiaries has
executed, pursuant to an existing option agreement that was previously
announced on January 16, 2007, four (4) additional 25-year Power Purchase
Agreements (PPA) with Basin Electric Power Cooperative (BEPC) of Bi... |
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08 May 2007
Ormat Technologies, Inc. Reports First Quarter 2007 Results| RENO, Nev., May 8, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- ORMAT Technologies, Inc.
(NYSE: ORA) today announced financial results for the first quarter ended
March 31, 2007. For the first quarter, total revenues were $61.7 million as
compared to $60.3 million for the first quarter of 2006, an increase of 2.4%.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
For the quarter ended March 31, 2007, the Company reported a net loss of
$5.8 million, or $0.15 per ... |
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30 April 2007
Ormat Technologies, Inc. Announces Preliminary Estimate of Results for the First Quarter of 2007 and Other Developments| RENO, Nev., April 30 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it expects to report a net loss in the range
of $5.5 to $6.5 million, or a loss of $0.14 to $0.17 per share for the first
quarter of 2007. The net loss is mainly due to the cumulative effect of
several unrelated events that occurred during the first quarter, as described
below:
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
-- Increase in maintenance ... |
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25 April 2007
Ormat Technologies, Inc. to Present at the Jefferies 3rd Annual Global Clean Technology Conference and the Goldman Sachs Alternative Energy Conference in New York| RENO, Nev., April 25 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it will be participating in the Jefferies 3rd
Annual Global Clean Technology Conference on May 2, 2007, as well as the
Goldman Sachs Alternative Energy Conference 2007 on May 3, 2007, both of which
will take place in New York.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Hezy Ram, Executive Vice-President, Business Development, will provide an
overv... |
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17 April 2007
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter Earnings Results| RENO, Nev., April 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its first quarter earnings results in a press
release that will be issued on Tuesday, May 8, 2007. The Company has
scheduled a conference call to discuss the results at 9 a.m. EDT on Wednesday,
May 9, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
The conference call will be broadcast live as a listen-only webcast. To
listen live,... |
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26 March 2007
Ormat Technologies Receives First Order for a Recovered Energy Generation Plant in a Liquefied Natural Gas Regasification Terminal| Another Application of the Field Proven Ormat Organic Rankine Cycle (ORC)
Technology
RENO, Nev., March 26 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that one of its subsidiaries has entered into a
contract valued at $11.5 million with ENAGAS, S.A. of Madrid, Spain, for the
supply of one ORMAT(R) Energy Converter (OEC) for a Recovered Energy
Generation (REG) plant. The REG plant is being specially adapted to use the... |
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12 March 2007
Ormat Technologies to Present at the Citigroup 2007 Small and Mid-Cap Conference| RENO, Nev., March 12, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) announced that it will present at the Citigroup 2007 Small and
Mid-Cap Conference, which will take place Tuesday, March 13th through
Thursday, March 15th at the Four Seasons at Mandalay Bay in Las Vegas, NV.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Dita Bronicki, president and chief executive officer, will provide an
overview of the business and fina... |
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28 February 2007
Ormat Technologies, Inc. Reports Fourth Quarter 2006 and Year-End Results| Record Revenues of $268.9 Million for the Year Ended 2006, Up 13% Over 2005;
Net Income Increased to $34.4 Million;
Company Announces Quarterly Cash Dividend of $0.07 Per Share
RENO, Nev., Feb. 27 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced financial results for the fourth quarter and full
year ended December 31, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Annual Results
... |
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28 February 2007
Ormat Technologies, Inc. Announces May 8, 2007 Annual Meeting of Stockholders| RENO, Nev., Feb. 28 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) is pleased to announce that its 2007 annual meeting of
stockholders will be held on Tuesday, May 8, 2007 at 1:30 P.M. at the offices
of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New York. Details
of the meeting and proxy materials will be mailed to stockholders of record as
of April 2, 2007. Only stockholders of record at the close of business on
that date are entitled to vote at the ... |
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27 February 2007
Robert F. Clarke Joins Ormat Technologies' Board of Directors| RENO, Nev., Feb. 27 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced the appointment of a new independent director to
its Board: Robert F. Clarke, who recently retired from his positions as
Chairman, President and Chief Executive Officer of Hawaiian Electric
Industries, Inc. Mr. Clarke will fill the vacancy created by the resignation
of Elon Kohlberg in January 2007. Mr. Clarke will also serve as a member of
the Nominating and Corporate Governance Commit... |
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22 February 2007
Ormat Technologies To Host Investor Day and Plant Tour in Reno| Presentations Will be Broadcast Live via Webcast on March 15, 2007
RENO, Nev., Feb. 22 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that the Company will hold its first financial
analyst and investor day in Reno, Nevada on Thursday, March 15, 2007 and will
be followed by a tour of Ormat's Burdette Geothermal facility on the morning
of Friday, March 16, 2007. An audio webcast of the presentations will be
available live from 1:30 p.m. until approx... |
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20 February 2007
Ormat Technologies' Power Purchase Agreement with Nevada Power Company Receives Approval of Nevada Regulators| RENO, Nevada, Feb. 20 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that two 20-year Power Purchase Agreements (PPAs)
signed between Nevada Power Company, a subsidiary of Sierra Pacific Resources
and two of its subsidiaries, that were previously announced in a press release
issued on August 3, 2006, received the approval of the Public Utilities
Commission of Nevada. Under these PPAs, Ormat's Buffalo Valley Project in
Lander County and Carson Lake Projec... |
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08 February 2007
Ormat Technologies and Kenyan Power & Lighting Exchange Commence Second Phase of the Olkaria Geothermal Project| Ormat and Kenyan Power & Lighting Exchange Securities
RENO, Nev., Feb. 8 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced the exchange of the agreed securities with Kenyan
Power & Lighting Company (KPLC). As previously announced on January 22, 2007,
the exchange of securities was necessary prior to commencing construction of
the project's second phase.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Const... |
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06 February 2007
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end Earnings Results| RENO, Nev., Feb. 6 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) plans to announce its fourth quarter and year-end 2006 earnings
results on Wednesday, February 28, 2007 during pre-market hours. The Company
has scheduled a conference call for the same day to discuss its results with
members of the financial community at 10:00 A.M. EST.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
The conference call will be broadcast live as a listen-onl... |
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29 January 2007
Ormat Technologies Announces Resignation of Director Elon Kohlberg| RENO, Nev., Jan. 29 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced the resignation of Elon Kohlberg as a member of
the Company's Board of Directors, effective January 26, 2007. Professor
Kohlberg also had been a member of the Nominating and Corporate Governance
Committee of the Company. Professor Kohlberg advised the Company that his
resignation is driven by his need to devote more time to his teaching and
research commitments.
(Logo: http://www... |
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25 January 2007
Department of Energy and Ormat Join to Validate Electricity Generation from Oil Field Heat| Project to use Field-Proven Ormat Organic Rankine Cycle Power System
RENO, Nev., Jan. 25 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. today announced it has signed a shared-cost Cooperative Research and Development Agreement (CRADA) with the US Department of Energy (DOE) to validate the feasibility of proven technology already used in Geothermal and Recovered Energy Generation for the production of commercial electricity using hot water produced during the process of oilfield production... |
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22 January 2007
Ormat Technologies and Kenyan Power & Lighting Sign Agreements for the Second Phase of the Olkaria Geothermal Project| RENO, Nev., Jan. 22 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced the receipt of necessary regulatory approvals and
the execution of definitive agreements by its subsidiary with the Kenyan Power
& Lighting Company (KPLC) for the construction of the second phase of its
Olkaria III power project. KPLC is the Kenyan parastatal electricity
transmission and distribution company.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Con... |
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16 January 2007
Ormat Subsidiary and Basin Electric Sign Option Agreement for the Supply of 27.5 MW from Recovered Energy| RENO, Nevada, Jan. 16 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it entered into a Power Purchase Option
Agreement with Basin Electric Power Cooperative (Basin Electric) regarding
five new Recovered Energy Generation (REG) Power Plants along the Northern
Border Pipeline in the states of Montana, North Dakota and Minnesota. These
new REG power plants are in addition to the existing four facilities in North
and South Dakota that have been in comme... |
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02 January 2007
Ormat Technologies Receives Order from Ngawha Generation| Total Installed Capacity of Ormat's Power Plants in New Zealand Will Exceed 200 MW RENO, Nev., Jan 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that two of its subsidiaries have entered into
Supply and Engineering, Procurement and Construction contracts with Ngawha
Generation Ltd., a subsidiary of Top Energy Limited ("Top Energy") for a new
geothermal power plant in Ngawha, New Zealand. The contracts are for a total
of ... |
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21 December 2006
Ormat Technologies, Inc. Secures Geothermal Leases in North Brawley, California| RENO, Nev., Dec. 21 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it has secured geothermal leases in the North
Brawley Known Geothermal Resource Area ("KGRA") in Imperial County,
California. The leases were entered into between a wholly-owned indirect
subsidiary of Ormat Technologies, Inc. and two separate land-owners.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Together, these geothermal leases secured 1,270 ac... |
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14 December 2006
Ormat Technologies, Inc. Announces Offering of 2.5 Million Shares of Common Stock| RENO, Nev., Dec. 14 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that it has agreed to sell 2,500,000 ordinary
shares to Lehman Brothers in a block trade. A registration statement relating
to these securities has been filed with the Securities and Exchange Commission
and became effective on January 31, 2006. A prospectus supplement relating to
the offering was filed today with the Securities and Exchange Commission.
(Logo: http://www.newscom.c... |
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12 November 2006
Ormat Technologies, Inc. to Present at Lehman Brothers' Third Annual Small Cap Conference| RENO, Nev., Nov. 12 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that Dita Bronicki, president and chief executive
officer, will present at the Lehman Brothers Third Annual Small Cap Conference
in Dana Point, California, on Thursday, November 16 at 10:40 am PST / 1:40 pm
EST.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
Mrs. Bronicki will provide an overview of the business and financial
highlights and will host a bre... |
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07 November 2006
Ormat Technologies, Inc. Reports Third Quarter 2006 Results|
Record Revenues and Record Net Income for the Third Quarter
Company Announces Quarterly Cash Dividend of $0.04 Per Share
RENO, Nev., Nov. 7 /PRNewswire-FirstCall/ -- ORMAT Technologies, Inc.
(NYSE: ORA) today announced financial results for the quarter ended September
30, 2006. For the third quarter, total revenues were $77.8 million compared to
$69.3 million for the same quarter in 2005, an increase of 12.4%.
(Logo: http://www.newscom.com/cgi-bin/prnh/20... |
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16 October 2006
Ormat Technologies' Puna Plant in Hawaii Not Affected by Earthquake| RENO, Nev., Oct. 16 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that the operations of its Puna geothermal project
on the Big Island of Hawaii have not been impacted by yesterday's magnitude
6.6 earthquake.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO)
Dita Bronicki, chief executive officer of Ormat Technologies, said, "Puna
has provided an environmentally friendly source of electricity for the Big
Island for more than ... |
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12 October 2006
Ormat Technologies Announces Completion of 22MW OREG-1 Recovered Energy Power Plants| Four Plants Located Along Gas Compressor Stations in North Dakota and South
Dakota
RENO, Nevada, Oct. 12 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced the completion of its OREG-1 project along the
Northern Border Pipeline in North Dakota and South Dakota. OREG-1 consists of
four Recovered Energy Generation ("REG") plants owned and operated by Ormat
with a total generating capacity of approximately 22 megawatts (MW).... |
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28 September 2006
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter Earnings Results| RENO, Nevada, Sept. 28 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) will host a conference call to discuss third quarter earnings
results at 9 a.m. ET on Wednesday, November 8, 2006. The Company plans to
announce its third quarter earnings results in a press release that will be
issued before the market opens on that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
The conference call will be broadcast live as a listen-only webcast.... |
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28 August 2006
Ormat Technologies' Power Purchase Agreement with Sierra Pacific Power Company Receives Approval of Nevada Regulators| RENO, Nev., Aug. 28 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that a 20-year Power Purchase Agreement (PPA)
signed between Sierra Pacific Power Company and ORNI 14 LLC, a subsidiary of
Ormat Nevada, Inc., and announced in a press release issued by Ormat
Technologies, Inc. on May 9, 2006 received the approval of the Public
Utilities Commission of Nevada. Under the PPA, the Galena No. 3 Geothermal
Power Project will be integrated into Ormat's existin... |
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17 August 2006
Ormat Technologies Announces Closing of Acquisition of the Zunil Geothermal Project in Guatemala| RENO, Nev., Aug. 17 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that an Ormat subsidiary completed the acquisition
of partnership interests in Orzunil I de Electricidad, Limitada (which owns
the Zunil Geothermal Project in Guatemala) from CDC Group plc. (whose interest
has been managed by Globeleq, Inc.) and International Finance Corporation.
The two acquisitions were previously announced in press releases issued by
Ormat Technologies on May 2 and Jul... |
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06 August 2006
Ormat Technologies, Inc. Reports Second Quarter 2006 Results| Record Revenues of $64.1 Million for the Second Quarter of 2006, a 14.4%
Increase Over Prior Year's Quarter
Operating Income Increases 34.7% from Prior-Year's Quarter to $15.5 Million in
the Second Quarter of 2006
Net Income Doubles Over Prior Year's Quarter to $8.4 Million
Company Announces Quarterly Cash Dividend of $0.04 per Share
RENO, Nev., Aug. 6 /PRNewswire-FirstCall/ -- ORMAT Technologies, Inc.
(NYSE: O... |
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03 August 2006
Ormat Technologies, Inc. Signs Two 20-Year Power Purchase Agreements With Nevada Power Company for Up to 30 MW Each of Geothermal Power| New Geothermal Plants to Be Constructed by Ormat
at Geothermal Sites in Rural Nevada
RENO, Nev., Aug. 3 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that two of its subsidiaries have each signed a
20-year Power Purchase Agreement (PPA) with Nevada Power Company, a subsidiary
of Sierra Pacific Resources, for the sale of energy to be produced from the
Carson Lake (near Fallon) and Buffalo Valley Power Plants, two new g... |
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31 July 2006
Medco-Ormat-Itochu Consortium Wins Tender for 340 MW Sarulla Geothermal Power Project in Indonesia|
Ormat Technologies to provide equipment to construct 3 new power plants
Will have minority equity interest in owning and operating power plants
RENO, Nev., July 31 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that a consortium consisting of its wholly-owned
subsidiary, Ormat International, Inc., a unit of Medco Energi Internasional
Tbk (Indonesia's largest private oil and gas company), and Itochu Corp. of
Japan, has been declared the winner... |
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27 July 2006
Ormat Technologies Receives Order From ENAGAS, S.A. for the First Recovered Energy Generation Plant to Be Built Along a European Pipeline| Plant to be Located in Gas Pipeline Compressor Station at Almendralejo, Spain
RENO, Nev., July 27 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that one of its subsidiaries has entered into a
contract valued at $4 million with ENAGAS S.A. of Madrid, Spain, for the
supply of one ORMAT(R) Energy Converter ("OEC") for a Recovered Energy
Generation ("REG") plant, located in the ENAGAS gas compression station at
Almendralejo, Spain. The equipment is to be s... |
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26 July 2006
Ormat Technologies Achieves First Completion Stage to Become Sole Owner of the Zunil Geothermal Project in Guatemala| RENO, Nevada, July 26 /PRNewswire-FirstCall/ -- Following the press
releases dated May 2 and June 25, 2006, Ormat Technologies, Inc. (NYSE: ORA)
today announced completion of the first stage for consummation of the purchase
of each of CDC Group plc's and the International Finance Corporation's 14.09%
partnership interests in Orzunil I de Electricidad, Limitada (Orzunil), which
owns the Zunil Geothermal Project in Guatemala.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LAT... |
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20 July 2006
Ormat Technologies Receives Order from Geo X GmbH for Geothermal Generation Plant in Germany| Plant to be Located in Landau, Germany
RENO, Nev., July 20 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) today announced that one of its subsidiaries has entered into a
contract valued at $4.4 million with Geo X GmbH of Ludwigshafen, Germany, for
the supply of one ORMAT(R) Energy Converter ("OEC") for a geothermal power
plant, located in Landau, Germany. The equipment is to be supplied and
installed within 17 months from the date of signature of the... |
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10 July 2006
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter Earnings Results| RENO, Nev., July 10 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc.
(NYSE: ORA) will host a conference call to discuss second quarter earnings
results at 9 a.m. EDT on Monday, August 7, 2006. The Company plans to
announce its second quarter earnings results in a press release that will be
issued before the market opens on that day.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060710/LAM068 )
The conference call will be broadcast live as a listen-only webcast. To
list... |
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25 June 2006
Ormat Technologies Completes Acquisition and Becomes Sole Owner of the Zunil Geothermal Project in Guatemala|
Reno, Nevada, June 25, 2006 - Ormat Technologies, Inc. (NYSE: ORA) today announced that an Ormat subsidiary signed an agreement to purchase from International Finance Corporation a 14.09% partnership interest (13.67% on a fully diluted basis) in Orzunil I de Electricidad, Limitada (Orzunil), which owns the Zunil Geothermal Project in Guatemala.
Upon the consummation of this acquisition and the CDC acquisition previously announced in a press release dated May 2, 2006, Ormat will become the ... |
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07 June 2006
Ormat Technologies Signs a New Contract for Three ORMAT Recovered Energy Generation Facilities in Canada|
23rd World Gas Conference, Amsterdam, June 7, 2006 - Ormat Technologies, Inc. (NYSE: ORA), today announced that two of its wholly-owned subsidiaries have received supply and construction orders worth approximately US$29 million for 3 ORMAT® Recovered Energy Generation (REG) power plants from an independent power producer (IPP) in Western Canada. Each facility will have a capacity of 5 MW net and will convert into electricity the recovered waste heat from the exhaust of existing gas turbine... |
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07 June 2006
Ormat Technologies, Inc. to Present at the Thomas Weisel Partners Alternative Energy Conference 2006|
Reno, Nevada, June 7, 2006 - Ormat Technologies, Inc. (NYSE: ORA) today announced that it will present at the Thomas Weisel Partners Alternative Energy Conference 2006.
Dita Bronicki, chief executive officer, will provide an overview of the business and financial highlights on Thursday, June 15th at 10:00 am. EDT.
To access the live webcast of this event, visit the Company's website at www.ormat.com. The presentation will be archived for 30 days.
About Ormat Technologies
Ormat Techno... |
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25 May 2006
Ormat Technologies, Inc. to Present at Cowen and Company 34th Annual Technology Conference|
Reno, Nevada, May 25, 2006 - Ormat Technologies, Inc. (NYSE: ORA) today announced that it will present at the Cowen and Company 34th Annual Technology Conference.
Dita Bronicki, chief executive officer, will provide an overview of the business and financial highlights on Wednesday, May 31st at 1:55 pm. EDT.
To access the live webcast of this event, visit the Company's website at www.ormat.com. The presentation will be archived for 90 days.
About Ormat Technologies
Ormat Technologies,... |
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11 May 2006
Ormat Technologies, Inc. Announces New Five-Year Agreements with Southern California Edison|
Address Renewable Energy Pricing Relating to Power Purchase Agreements
Reno, Nevada, May 11, 2006 - ORMAT Technologies Inc., (NYSE: ORA) today announced that three of its indirect wholly-owned subsidiaries have entered into five-year Agreements Addressing Renewable Energy Pricing relating to Power Purchase Agreements with Southern California Edison (SCE). These agreements fix the energy rates payable by SCE for the five (5) year period beginning May 1, 2007 for Ormat's Ormesa, Heber 1, and ... |
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09 May 2006
Ormat Technologies, Inc. Reports First Quarter 2006 Results|
Record Revenues of $60.3 Million for the first quarter of 2006, an 11.9% increase over prior year's quarter
Operating Income increases 10.3% from prior-year quarter to $14.8 Million in Q1 2006
Company announces quarterly cash dividend of $0.04 per share
Reno, Nevada, May 9, 2006 - ORMAT Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter ended March 31, 2006. For the first quarter, total revenues were $60.3 million as compared to $53.9 milli... |
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09 May 2006
Sierra Pacific Resources and ORMAT Technologies Sign 20-Year Power Purchase Agreement for 20 MW of Geothermal Power|
New Geothermal Plant To Be Constructed by Ormat
At Its Steamboat Geothermal Area in Nevada
Reno, Nevada, May 9, 2006 - Sierra Pacific Resources (NYSE:SRP) and ORMAT Technologies Inc. (NYSE: ORA) jointly announced today that Sierra Pacific Power Company, Sierra Pacific Resources northern Nevada utility, and ORNI 14 LLC, a subsidiary of ORMAT Nevada, Inc., have signed a 20-year Power Purchase Agreement (PPA) for the sale of energy to be produced from Galena No. 3, a new geothermal power pl... |
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02 May 2006
Ormat Technologies Increases Ownership Position-in Zunil Geothermal Project in Guatemala|
Reno, Nevada, May 2, 2006 - Ormat Technologies, Inc. (NYSE: ORA) today announced that an Ormat subsidiary signed an agreement to purchase from CDC Group plc., a 14.09% partnership interest (13.67% on a fully diluted basis) in Orzunil I de Electricidad, Limitada (Orzunil), which owns the Zunil Geothermal Project in Guatemala.CDC Group's investment in this project has been managed by Globeleq, an emerging markets power company.
Upon the consummation of this acquisition, Ormat's partnership in... |
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01 May 2006
Ormat Technologies Announces Completion of First US Solar Trough Power Plant in Arizona Using Ormat® Energy Converter|
Reno, Nevada, May 1, 2006 - Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its wholly-owned subsidiary, Ormat Nevada, Inc., completed the Engineering, Procurement and Construction (EPC) of a 1 MW rated Ormat® Energy Converter (OEC) for the APS Saguaro Solar Facility. Arizona Public Service Company (APS) is Arizona's largest and longest-serving electric utility, serves more than one million customers in 11 of the state's 15 counties. With headquarters in Phoenix, APS is the la... |
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26 April 2006
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter Earnings Results|
RENO, Nevada, April 26, 2006 -- Ormat Technologies, Inc. (NYSE: ORA) plans to announce its first quarter earnings results in a press release that will be issued on Tuesday, May 9, 2006. The Company has scheduled a conference call to discuss the results at 9 a.m. EST on Wednesday, May 10, 2006.
The conference call will be broadcast live as a listen-only webcast. To listen live, please go to www.ormat.com approximately twenty minutes before the conference call is scheduled to begin. You will... |
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26 April 2006
Ormat Funding Corp Announces Successful Consummation of its Previously Announced Consent Solicitation |
Relating to the
8¼% Senior Secured Notes due December 30, 2020
CUSIP Number: 686685AB4
Reno, Nevada, April 26, 2006 - Ormat Funding Corp. (the "Company"), a wholly owned subsidiary of Ormat Technologies, Inc. (NYSE: ORA), today announced the successful consummation of the consent solicitation launched on April 17, 2006 relating to the Company's 8¼% Senior Secured Notes due December 30, 2020, CUSIP Number: 686685AB4.
Holders of more than 51% of the aggregate principal amo... |
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17 April 2006
Ormat Technologies Announces the Full Exercise of the Underwriters' Option to Purchase an Additional 525,000 Shares|
RENO, Nevada, April 17, 2006 - Ormat Technologies, Inc. (NYSE: ORA) today announced that the underwriters of its previously announced 3,500,000 share follow-on offering have exercised in full their option to purchase an additional 525,000 shares. The Company's completion of the sale of the additional shares results in the total sale of 4,025,000 shares in the follow-on offering, resulting in net proceeds of approximately $135 million after deducting fees and commissions and estimated offering ... |
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17 April 2006
Ormat Funding Corp Announces Launch of Consent Solicitation |
Relating to the
8¼% Senior Secured Notes due December 30, 2020
CUSIP Number: US686085AB47
Reno, Nevada, April 17, 2006 - Ormat Funding Corp (the "Company"), a wholly owned subsidiary of Ormat Technologies, Inc. (NYSE: ORA), today announced that it has launched a consent solicitation relating to its 8¼% Senior Secured Notes due December 30, 2020, CUSIP Number: US686085AB47. The consent solicitation expires at 5:00 p.m., New York time, on April 26, 2006, unless extended by the Co... |
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12 April 2006
Ormat Technologies Announces New Main Office Address|
Reno, Nevada, April 12, 2006 - Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its main corporate offices have moved from its Sparks, Nevada location to the following new address:
Ormat Technologies, Inc.
6225 Neil Road, Suite 300
Reno, Nevada 89511-1136
Tel.: (775) 356-9029
Fax: (775) 356-9039
(Telephone and fax numbers remain unchanged.)
About Ormat Technologies
Ormat Technologies, Inc. is a vertically integrated company primarily engaged i... |
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10 April 2006
Ormat Technologies, Inc. Announces Signing by Its Subsidiary, Ormat Nevada, Inc., of Contract to Supply a Bottoming Cycle Power Unit Adding 10 MW to an Existing 23 MW Geothermal Power Project in the Western Part of the United States|
Sparks, Nevada, April 10, 2006 -- Ormat Technologies Inc. (NYSE: ORA) is pleased to announce that its subsidiary, Ormat Nevada Inc., which develops, supplies and constructs geothermal power plants, as well as owning and operating a number of such plants in Nevada, California and Hawaii, has signed a contract to supply a 10 MW Ormat Energy Converter (OEC) power unit. The contract is in the amount of $11,500,000.
Since beginning operations in Nevada with the supply of a 760 kW geothermal pla... |
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10 April 2006
Ormat Technologies Announces Successful Completion of Follow-On Offering of 3.5 Million Shares of Common Stock|
Sparks, Nevada, April 10, 2006 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it closed the sale of 3,500,000 shares of its common stock at $35.50 per share in a follow-on public offering, resulting in net proceeds of approximately $117.2 million after deducting fees and commissions and estimated offering expenses associated with the offering.
The Company expects to use the aggregate net proceeds from this offering for its general corporate purposes and those of its consolida... |
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04 April 2006
Ormat Technologies Prices Follow-On Offering of 3.5 Million Shares of Common Stock |
SPARKS, Nevada, April 4, 2006 - Ormat Technologies, Inc. (NYSE: ORA) today announced that it priced a follow-on public offering of 3,500,000 shares of its common stock at $35.50 per share. The Company estimates that the net proceeds resulting from the offering will be approximately $117.2 million after deducting fees and commissions and estimated offering expenses associated with the offering. The closing of the offering is scheduled for April 10, 2006.
The Company expects to use the aggre... |
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16 March 2006
Ormat Technologies Announces Closing of its Subsidiary’s Acquisition of Additional 50.8% Stake in Zunil Geothermal Project in Guatemala|
SPARKS, Nevada, March 16, 2006 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that its wholly-owned subsidiary, ORPOWER 3, INC., has consummated its previously announced acquisition of an additional 50.8% (49.28% on a fully diluted basis) partnership interest in Orzunil I de Electricidad, Limitada (Orzunil), which owns the Zunil Geothermal Project in Guatemala. This acquisition, previously announced on November 29, 2005, has increased the Company's existing 21% ownership interest in t... |
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16 March 2006
Ormat Technologies Announces Delay in Filing of 2005 10-K|
SPARKS, Nevada, March 16, 2006 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it expects to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2005 (“Form 10-K”) no later than March 31, 2006. The delay comes as a result of the need to file separate financial statements of Ormat Leyte Co. Ltd. (“OLCL”), a subsidiary that is not consolidated, and the time it will take to complete the separate financial statements of the subsidiary. Due to the reasons state... |
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13 March 2006
Ormat Technologies, Inc. Announces May 9, 2006 Annual Meeting of Stockholders|
SPARKS, Nevada, March 13, 2006 -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its 2006 annual meeting of stockholders will be held on Tuesday, May 9, 2006 at 1:30 p.m. ET, at the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New York. Details of the meeting and proxy materials will be mailed to stockholders of record as of March 28, 2006. Only stockholders of record at the close of business on that date are entitled to vote at the meeting.
About Or... |
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08 February 2006
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end Earnings Results|
SPARKS, Nevada, February 8, 2006 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2005 earnings results in a press release that will be issued on Tuesday, March 7, 2006. The Company has scheduled a conference call to discuss the results at 9 a.m. ET on Wednesday, March 8, 2006.
The conference call will be broadcast live as a listen-only webcast. To listen live, please go to www.ormat.com approximately twenty minutes before the conference call is sc... |
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25 January 2006
Ormat Technologies Inc. Signs Power Purchase Agreement with Puget Sound Energy for Supply of Power from Recovered Energy Generation System | SPARKS, Nevada, January 25, 2006 - Ormat Technologies (NYSE: ORA), announced today that its wholly owned subsidiary, Orsumas, LLC has entered into a 20-year power purchase agreement with Puget Sound Energy Inc. for the supply of power from a Recovered Energy Generation System (REGS), which will be located adjacent to the Sumas Compressor Station of Northwest Pipeline Inc. (NWP) in Sumas, Washington State. The facility is expected to begin commercial operations in the last quarter of 2007 or the ... |
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17 January 2006
Ormat Technologies to Present at New York Stock Exchange and Prudential Equity Group LLC Growth Conference |
SPARKS, Nevada, January 17, 2006 - Ormat Technologies (NYSE: ORA), today announced that it will present at the New York Stock Exchange and Prudential Equity Group LLC Growth Conference.
Dita Bronicki, Chief Executive Officer, will provide an overview of the business and financial highlights on Wednesday, January 18 th at 2:30 p.m. EST.
To access the live webcast of this event, visit the Company's website at www.ormat.com. The presentation will be archived for 30 days.
About Ormat T... |
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17 January 2006
Ormat Technologies, Inc. Files Universal Shelf Registration Statement |
SPARKS, Nevada, January 17, 2006 - Ormat Technologies, Inc., (NYSE: ORA) announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC"). The shelf registration statement, when declared effective by the SEC, will provide Ormat Technologies the opportunity to issue various types of securities, including debt securities, common stock, warrants and units of Ormat Technologies, from time to time, in one or more offerings up... |
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13 January 2006
Ormat Technologies Amends Agreement for the Supply of Recovered Energy Generation Units|
SPARKS, NEVADA, January 13, 2006 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that the agreement between an Ormat subsidiary and ICQ Energetica s.r.l. of Italy, for the supply of ORMAT® Energy Converter (OEC) systems for Recovered Energy Generation (REG) Plants originally announced in a press release dated November 17, 2005, has been amended. The parties have agreed to change the arrangements between them by extending the period for supply of equipment under the agreement from March... |
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01 January 2006
Ormat Technologies, Inc. Completes Second Stage of Puna Geothermal Project Financing|
SPARKS, NEVADA, January 1, 2006 -- ORMAT Technologies, Inc., (NYSE: ORA) today announced that on December 30, 2005 its subsidiary, Puna Geothermal Venture (“PGV”) completed the second stage of a two-stage refinancing agreement for its Puna Geothermal Project in Hawaii.
As announced on May 17, 2005, Ormat's subsidiary PGV entered into a 31-year head lease, the first stage of the two-stage transaction, with an unrelated company (the "Lessor"). A secondary stage of the transaction was intende... |
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09 February 2005
Ormat Funding Corp. Announces Exchange Offer for its 8¼ % Notes |
NEW YORK -- February 9, 2005 -- Ormat Funding Corp., a wholly-owned subsidiary of Ormat Technologies, Inc. (NYSE: ORA), is pleased to announce that its commenced today its offer to exchange $1,000 principal amount of its 8 1/4% Senior Secured Notes due 2020, which have been registered under the Securities Act of 1933, as amended (the “Securities Act”) for each $1,000 principal amount of its outstanding 8 ¼% Senior Secured Notes due 2020 (the "Private Notes"). $190,000,000 in aggregate princi... |
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02 February 2005
Ormat Technologies Receives the End Customer Final Approval for $16.9 Million Purchase Order for Remote Power Units| SPARKS, Nevada, February 2, 2005 -- ORMAT Technologies, Inc. (NYSE: ORA) today announced
that the customer rendered final approval of the Purchase Order valued at approximately $16.9 million,
for the supply of 102 remote power units for Communications and Cathodic Protection along a pipeline
on the Sakhalin Island in the Russian Federation, as described in the press release dated December 9,
2004, and the Purchase Order became a definitive agreement.
About Ormat Technologies
Ormat Tech... |
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04 January 2005
Ormat Technologies Enters into Power Purchase Agreement for the Supply of 22 MW from Recovered Energy Power Generation| 25-Year Agreement Valued at Approximately $5 Million per Year
SPARKS, Nevada, January 4, 2005 -- ORMAT Technologies, Inc. (NYSE: ORA) today announced that
through a newly established project subsidiary, it has entered into a 25-year Power Purchase Agreement
(PPA) with an electric utility according to which ORMAT will supply approximately 22 MW from
recovered energy generation power plants. The power plants are to be constructed by ORMAT between
12 and 18 months from the effectiveness of the... |
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