Business description: Ormat Technologies

Ormat Technologies, Inc. is a geothermal and vertically integrated company 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. The Company has engineered, manufactured and constructed power plants, which it owns or has installed for utilities and developers worldwide, totaling approximately 3,400 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Its Electricity segment develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world. Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation.

Sales by Activity: Ormat Technologies

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Electricity

586M 632M 667M 702M 694M

Energy Storage

30.39M 31.02M 28.89M 37.73M 78.96M

Product

177M 155M 182M 140M 217M

Elimination of Intersegment Revenues

-130M -83.39M -48.49M - -

Geographical breakdown of sales: Ormat Technologies

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

440M 484M 510M 557M 590M

New Zealand

6.77M 17.13M 66.53M 78.66M 129M

Kenya

103M 106M 109M 114M 117M

Dominica

- - - - 48.93M

Other Foreign Countries

33.44M 46.3M 52.89M 59.69M 40.78M

Honduras

35.23M 33.84M 31.59M 30.3M 28.66M

Guatemala

26.87M 28.83M 30.17M 28.96M 28.01M

Turkey

2.72M 1.96M 2.47M 3.01M 5.15M

Indonesia

8.06M 15.63M 26.73M 7.62M 1.49M

Chile

7.04M 579K - - -

Executive Committee: Ormat Technologies

Manager TitleAgeSince
Chief Executive Officer 58 2020-06-30
Director of Finance/CFO 51 2020-05-09
Chief Tech/Sci/R&D Officer - 2023-04-30
Compliance Officer 49 2021-03-11
Investor Relations Contact - -

Composition of the Board of Directors: Ormat Technologies

Director TitleAgeSince
Director/Board Member 79 2012-05-21
Chairman 69 2020-06-30
Director/Board Member 68 2015-11-15
Director/Board Member 74 2017-07-25
Director/Board Member 56 2018-04-30
Director/Board Member 55 2022-06-01
Director/Board Member 65 2022-06-01
Director/Board Member 63 2015-11-14

Shareholders: Ormat Technologies

NameStocks%Valuation
BlackRock Advisors LLC
12.57 %
7,724,922 12.57 % 754 M $
Vanguard Fiduciary Trust Co.
9.794 %
6,018,671 9.794 % 587 M $
Harel Provident Funds Ltd.
7.023 %
4,315,944 7.023 % 421 M $
Vanguard Portfolio Management LLC
4.981 %
3,060,774 4.981 % 299 M $
Vanguard Capital Management LLC
4.339 %
2,666,310 4.339 % 260 M $

Company details: Ormat Technologies

Ormat Technologies, Inc.

6884 Sierra Center Parkway

89511-2210, Reno

+775 356 9029

http://www.ormat.com
address Ormat Technologies

Group companies: Ormat Technologies

NameCategory and Sector
Engineering & Construction

Alternative Electric Utilities

Change 5-day change 1-year change 3-year change Capi.($)
-1.07%-1.76%-4.85%-18.84% 8.09B
+0.26%+1.65%+14.22%+38.77% 6.41B
-1.81%-1.81%-4.83%+3.34% 5.56B
+1.75%-0.30% - - 3.11B
+2.06%-2.75%+171.04%+37.78% 1.31B
+1.63%0.00%+13.70% - 875M
-0.75%-23.45%-10.59%-66.33% 814M
+2.10%+2.10%-10.98%-28.43% 651M
+0.70%-0.69%+9.92%-95.39% 645M
Average +0.55%-4.74%+22.20%-18.44% 3.05B
Weighted average by Cap. -0.24%-2.71%+10.35%+1.28%
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