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Ormat Technologies Inc (ORA.N)

ORA.N on New York Stock Exchange

63.20USD
23 Feb 2018
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$0.35 (+0.56%)
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Latest Key Developments (Source: Significant Developments)

Ormat Technologies to Acquire U.S. Geothermal
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Ormat Technologies Inc :​:ORMAT SIGNS DEFINITIVE AGREEMENT TO ACQUIRE U.S. GEOTHERMAL.ORMAT TECHNOLOGIES INC - ‍ORMAT WILL PAY A TOTAL CONSIDERATION OF ABOUT $109.9 MILLION .ORMAT TECHNOLOGIES INC - DEAL FOR $5.45 PER SHARE IN CASH.  Full Article

U.S. Geothermal Agrees To Be Acquired By Ormat Technologies For $5.45 Per Share
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Us Geothermal Inc ::U.S. GEOTHERMAL INC. ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY ORMAT TECHNOLOGIES INC. FOR $5.45 IN CASH PER SHARE.US GEOTHERMAL INC - AGREEMENT, HAS BEEN UNANIMOUSLY APPROVED BY BOTH COMPANIES' BOARDS OF DIRECTORS.US GEOTHERMAL INC - TRANSACTION IS NOT SUBJECT TO A FINANCING CONDITION.  Full Article

Ormat Secures $50 Mln EPC Contract For Ngawha Extension Geothermal Project In New Zealand
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Ormat Technologies Inc ::ORMAT SECURES $50 MILLION EPC CONTRACT FOR THE NGAWHA EXTENSION GEOTHERMAL PROJECT IN NEW ZEALAND.ORMAT TECHNOLOGIES INC - PROJECT IS EXPECTED TO BE COMPLETED IN Q1 OF 2021.  Full Article

Ormat Technologies reports 2017 third quarter earnings
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Ormat Technologies Inc ::Ormat Technologies reports 2017 third quarter earnings.Q3 adjusted earnings per share $0.42.Q3 earnings per share $0.38.Q3 revenue $157.2 million vs I/B/E/S view $159 million.Q3 earnings per share view $0.47 -- Thomson Reuters I/B/E/S.‍Management affirms full-year total revenue and adjusted ebitda guidance​.‍Ormat's product segment backlog, as of November 8, 2017, was $182.0 million​.  Full Article

Ormat Tech says expect 2016 adjusted EBITDA between $310 mln and $320 mln
Wednesday, 3 Aug 2016 

Ormat Technologies Inc : Ormat technologies inc qtrly total revenues of $159.9 million, up 13.8% compared to q2 of 2015 . Ormat technologies reports a double-digit growth in revenues, net income, and adjusted ebitda in the second quarter . Ormat technologies inc q2 shr $0.49 . Ormat technologies inc q2 revenue $159.9 mln vs i/b/e/s view $152.9 mln . Ormat technologies inc q2 shr view $0.42 -- thomson reuters i/b/e/s . Ormat technologies inc sets quarterly dividend of $0.07/shr . Ormat technologies inc - reiterate our revenue guidance and expect full-year 2016 total revenue of between $620 mln and $640 mln .Ormat technologies inc says now expect 2016 adjusted ebitda of between $310 mln and $320 mln for full year.  Full Article

Ormat Technologies, Inc signs definitive agreements to acquire Geothermal Power Plant in the Island of Guadeloupe
Monday, 14 Mar 2016 

Ormat Technologies, Inc:Says signed an Investment Agreement and Shareholders Agreement with Sageos holding to acquire, 85% of Geothermie Bouillante SA.Says expected in second quarter, Ormat will pay approximately EUR22 million to Sageos for 79.6% equity interest in GB.Says Ormat is committed to further invest EUR10 million during the first two years, which will increase its equity interest to 85%.Says cash will be used mainly for the enhancement of the power plant.  Full Article

BRIEF-U.S. Geothermal Agrees To Be Acquired By Ormat Technologies For $5.45 Per Share

* U.S. GEOTHERMAL INC. ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY ORMAT TECHNOLOGIES INC. FOR $5.45 IN CASH PER SHARE