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Ormat Technologies, Inc.
6884 Sierra Center Parkway
Phone: (775) 356-9029p:775 356-9029 RENO, NV  89511  United States Ticker: ORAORA
Business Summary
Ormat Technologies, Inc. is a geothermal company that is engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low, medium and high-temperature heat into electricity. It owns or has installed for utilities and developers worldwide, totaling approximately 3,200 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Electricity segment develops, builds, owns, and operates geothermal and solar Photovoltaic (PV). Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation. Energy Storage segment owns and operates a grid connected In Front of the Meter (IFM) Battery Energy Storage System (BESS) facilities. Its portfolio includes 1,415 MW with 1,225 MW geothermal and solar generation.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023YesYes--Yes

Industries
SIC Code Description
4911 Electric services
1623 Water, sewer, pipeline, and communications and power line construction
3511 Steam, gas, and hydraulic turbines, and turbine generator set units
3443 Fabricated plate work (boiler shops)
8999 Services, not elsewhere classified
8741 Management services
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board IsaacAngel 67 1/1/2021 7/1/2014
Chief Executive Officer DoronBlachar 56 7/1/2020 4/2/2013
Chief Financial Officer AssafGinzburg 49 5/10/2020 1/1/2019
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Ormat Industries Limited DEREH SHIDLOVSKI YAVNE Israel
US Geothermal Inc 90 E Parkcenter Blvd, Suite 250 Boise ID United States
Viridity Energy, Inc. 1801 Market Street Philadelphia PA United States

Business Names
Business Name
Geothermie Bouillante SA
OFC 2, LLC
Opal Geo, LLC
15 additional Business Names available in full report.

General Information
Number of Employees: 1,576 (As of 12/31/2023)
Outstanding Shares: 60,476,526 (As of 9/30/2024)
Shareholders: 16
Stock Exchange: NYSE
Federal Tax Id: 880326081
Fax Number: (775) 356-9039


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Monday, December 2, 2024