Ormat Technologies Stock News

RENO, Nev., July 07, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its second quarter financial results in a press release that will be issued on Wednesday, August 6, 2025, after the market closes. In conjunction with this report, the Company has scheduled a con...

Ormat Technologies shares climbed on Wednesday after the geothermal and renewable energy company completed the acquisition of a power plant in Nevada for $88 million.

RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100% of the equity interest in the 20MW power plant.

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 - ...