$353 Million

Ormat Technologies

Follow-on Offering

Co-Manager, November 2020

Ormat Technologies

Ormat is a leading provider of clean, reliable energy solutions sourced from geothermal and recovered energy systems. In addition, the Company also provides related energy management and storage solutions. The Company has supplied power generating equipment to customers in 30 countries having designed, built and operated equipment for geothermal power plants in Kenya, Guadalupe, Guatemala, Honduras and the United States. Ormat’s proprietary thermodynamic REG power plants enable industries to capture unused waste heat from their processes and convert it into usable electricity. Energy management and storage solutions include providing both grid operators and commercial customers “smart grid” technologies that better optimize overall energy usage and grid performance. The Company’s vertically integrated structure allows Ormat to leverage its renewable energy expertise, in-depth relationships and global experience to better serve customers by providing them with clean, renewable power.