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Ormat Technologies
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Short description

Developer of geothermal, recovered energy generation, and other renewable energy projects

Founded in 1965
Founded in

Company type Public Public (ORA)
Company type

Industry Group energy & power

Sector energy recovery

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Reno, NV Reno, United States
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Updated by Cleantech Group on 02/22/2023

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  • 1 M&A items
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Date Company
08/12/2021

Polaris Infrastructure Polaris Infrastructure

Ormat Technologies has signed a contract to supply products to a 10 MW of a geothermal air-cooled Ormat Energy Converters. The OEC unit will support a geothermal project in Nicaragua.

Confirmed by Polaris Infrastructure

Partnerships
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Date Partner Type
10/19/2015
Toshiba Toshiba
Ormat Technologies has signed a strategic collaboration agreement with Toshiba Corporation to explore opportunities in the area of geothermal power generation systems and related equipment.
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Confirmed by Toshiba
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Investment Rounds
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IPO INFORMATION

Date

11/10/2004

IPO status

Listed

IPO Type

IPO

Amount

$109.3M

Initial shares

7187500

Ticker symbol

ORA

Exchange listed

New York Stock Exchange (NYSE)

Prospectus URL

Prospectus

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Description

Date Investors Type Amount
11/18/2020 (0)
Post-money valuation of
Follow-on Public Offering
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