Ormat Technologies Stock News

RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, is pleased to announce the appointment of two distinguished executives to its senior management team. These strategic appointments are poised to propel the next phase of the Company's growth and enhance its operational excellence withi...

RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. The partnership's transaction covers the Lower Rio 60MW/120MWh storage facility and the Arrowleaf 35MW/140MWh storage and 42...

Geothermal power, exemplified by Ormat Technologies, offers a promising niche market with a long runway for growth due to increasing renewable energy demand. Ormat's vertically integrated business includes geothermal power plants, equipment sales, and battery energy storage systems, ensuring diversified revenue streams. Despite high valuation multiples, Ormat's growth potential, strong EBITDA p...

Ormat Technologies: A Promising Story Stock That's Not Quite There Yet

Ormat Technologies, Inc. (NYSE:ORA ) Q1 2025 Earnings Call May 8, 2025 9:00 AM ET Company Participants Josh Carroll - Investor Relations Doron Blachar - Chief Executive Officer Assi Ginzburg - Chief Financial Officer Smadar Lavi - Vice President, Investor Relations and ESG Planning and Reporting Conference Call Participants Justin Clare - ROTH Capital Michael Fairbanks - JPMorgan Andre Adams - ...

SALT LAKE CITY--(BUSINESS WIRE)--Cyrq Energy, LLC (Cyrq) is pleased to announce an agreement to sell its Blue Mountain geothermal power facility in Nevada for $88 million to a subsidiary of Ormat Technologies, Inc. (NYSE:ORA) as part of its five-year strategic plan. With headquarters in Salt Lake City, Cyrq has been a leader in developing and producing geothermal power since 2007. Currently, Cy...

REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION

It's been a rough start for stocks in 2025, as major U.S. indices continue to trade in the red and underperform their international counterparts. Investors have had few places to hide outside of gold, but the energy sector has been one bright spot.