Latest Ormat Technologies News & Updates
See the latest news and media coverage for Ormat Technologies. We track all announcements, press releases, and industry mentions in real time, all in one place.
Geothermal and recovered energy power company
ormat.com- Headquarters
- Reno, United States
- Founded year
- 1965
- Company type
- Public company
- Number of employees
- 1,300–5,000
Latest news about Ormat Technologies
In short: Ormat Technologies expanded its global geothermal and storage footprint, reported record EBITDA, and secured a $1 billion convertible notes offering.
Company announcements
-
Ormat Technologies begins commercial operation of 80MW/320MWh energy storage facility
Located in Bottleneck, California, it provides energy, capacity, and ancillary services to San Diego Gas & Electric under a 15-year Tolling Agreement signed in 2022.
-
Ormat announces closing of $1B convertible notes offering
The upsized offering includes $825M Series A Notes at 1.50% and $175M Series B Notes at 0.00%, both due 2031. Proceeds fund note repurchases and general corporate purposes.
-
Ormat Technologies announces pricing of convertible notes
The offering totals $875 million and may increase if purchasers exercise options; closing is expected March 20, 2026.
-
Ormat Technologies announces proposed convertible note offering
It intends to offer $600 million Series A and $150 million Series B convertible senior notes due 2031, subject to market conditions and customary terms.
Media coverage
-
US firm Ormat flags Kenya Power payment delays
US energy firm Ormat Technologies has flagged delayed payments from Kenya Power, even after the utility paid it $21.1 million (Sh2.72 billion) earlier this year...
-
Ormat Technologies prices offering of $875M convertible debt
Ormat Technologies (ORA) is raising up to $975.7M through private convertible notes due 2031, including $725M in 1.50% Series A notes and $150M in 0...
-
Ormat Technologies: Q4 Earnings Snapshot
RENO, Nev. (AP) — RENO, Nev. (AP) — Ormat Technologies Inc. (ORA) on Wednesday reported fourth-quarter profit of $31.4 million. On a per-share basis, the...
-
Ormat Technologies Announces the Signing of Geothermal Portfolio PPA of Up to 150 MW to Support Google’s Data Center Operations Through NV Energy
RENO, Nev., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today...
Track Ormat Technologies and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Trending companies
Discover what's making headlines across other trending companies.
Hitachi Energy
Ouster
Fabrinet
AOI
WidePoint
Filtronic
Mirum Pharmaceuticals
Capstone Green Energy
AXT
POET Technologies
PurpleFire
Profitable Media
Sironax
Aperture Therapeutics
Attentive
Klaviyo
Twilio
Insider One
Zeta Global
Iterable
Braze
Optimove
Bluecore
BlueConic
Amperity
Wero
BLIK
EPI
Swish
Affirm
Brite Payments
TCS
Overview Energy
Adfin