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.

Company icon
Ormat Technologies

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

Last updated

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

    Ormat Technologies reports Q1 2026 financial results

    Revenues grew 75.8% to $403.9 million with record adjusted EBITDA of $194.9 million. Company advanced EGS strategy, closed $1B notes, secured PPAs, and reiterates full-year guidance.

  • Ormat Technologies

    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 Technologies

    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

    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.

Unlock all announcements with a

Media coverage

Unlock all articles with a

Never miss news about Ormat Technologies

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.