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Ormat Technologies Inc.

Company Summary

Financial Data:

NYSE:ORA from Google Finance

Tickers:

  • ORA - New York Stock Exchange

Recent news

  • 5/30/2023 - Ormat Technologies... (subscriber access)
  • 5/23/2018 - Ormat Closes on Private... (subscriber access)
  • 1/25/2018 - Ormat Acquiring U.S.... (subscriber access)
  • 12/21/2017 - Ormat Technologies... (subscriber access)

Company Transactions

Date: 6/1/2018
Type: Acquisition

BUYERS:
  • Ormat Technologies Inc.
    • SELLERS:
  • U.S. Geothermal Inc.
    • DETAILS:
    NOTES:
    Ormat has entered into deal to acquire and merge U.S. Geothermal with a subsidiary for $5.45/share in an all cash deal.

    Date: 5/23/2018
    Type: Acquisition

    SELLERS:
  • Ormat Technologies Inc.
    • ASSETS:
  • Tungsten Mountain Geothermal Power Plant
    • DETAILS:

    COST: 48.4 $MM

    NOTES:
    Ormat reported that one of their subsidiaries has closed on an investment into the 26 MW Tungsten Mountain Geothermal Power Plant with a private investor. This included a $33.4 million purchase price and further installments adding up to $13 million. Ormat will continue operating the plant and will receive almost all distributable cash flow from the plant.
    REGIONS:
  • West