Company Ormat Technologies, Inc.

Equities

ORA

US6866881021

Electric Utilities

Market Closed - Nyse 04:00:01 2024-04-19 pm EDT 5-day change 1st Jan Change
63.75 USD +1.32% Intraday chart for Ormat Technologies, Inc. -0.86% -15.89%

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 1,385 MW with 1,215 MW geothermal and solar generation.

Number of employees: 1,576

Sales per Business

USD in Million2022Weight2023Weight Delta
Electricity
80.4 %
632 86.0 % 667 80.4 % +5.55%
Product
16.1 %
71 9.7 % 134 16.1 % +87.31%
Energy Storage
3.5 %
31 4.2 % 29 3.5 % -6.85%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
61.5 %
484 65.9 % 510 61.5 % +5.32%
Kenya
13.2 %
106 14.4 % 109 13.2 % +3.19%
New Zealand
8.0 %
17 2.3 % 67 8.0 % +288.36%
Other Foreign Countries
6.4 %
46 6.3 % 53 6.4 % +14.24%
Honduras
3.8 %
34 4.6 % 32 3.8 % -6.64%
Guatemala
3.6 %
29 3.9 % 30 3.6 % +4.66%
Indonesia
3.2 %
16 2.1 % 27 3.2 % +71.02%
Turkey
0.3 %
2 0.3 % 2 0.3 % +25.91%

Managers

Managers TitleAgeSince
Chief Executive Officer 55 13-04-01
Chairman 67 14-03-31
Director of Finance/CFO 49 20-04-30
Compliance Officer 47 18-12-31
Chief Tech/Sci/R&D Officer 62 04-06-30
Investor Relations Contact - -
Corporate Officer/Principal 60 20-12-31
Corporate Officer/Principal 60 02-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 15-11-15
Chairman 67 14-03-31
Director/Board Member 54 18-04-30
Director/Board Member 77 12-05-21
Director/Board Member 54 22-06-01
Director/Board Member 53 20-06-02
Director/Board Member 63 22-06-01
Director/Board Member 72 17-07-25
Director/Board Member 59 21-05-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 60,640,205 60,124,716 ( 99.15 %) 258,667 ( 0.4266 %) 99.15 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
12.45 %
7,512,275 12.45 % 497 M $
6,676,077 11.06 % 442 M $
Vanguard Fiduciary Trust Co.
8.822 %
5,324,628 8.822 % 352 M $
Impax Asset Management (AIFM) Ltd.
4.371 %
2,638,182 4.371 % 175 M $
Global Alpha Capital Management Ltd.
3.833 %
2,313,856 3.833 % 153 M $
CPR Asset Management SA
3.589 %
2,166,085 3.589 % 143 M $
2,013,559 3.336 % 133 M $
1,976,919 3.275 % 131 M $
BlackRock Life Ltd.
2.757 %
1,663,796 2.757 % 110 M $
Dimensional Fund Advisors LP
2.081 %
1,256,304 2.081 % 83 M $

Company contact information

Ormat Technologies, Inc.

6140 Plumas Street

89519-6075, Reno

+775 356 9029

http://www.ormat.com
address Ormat Technologies, Inc.(ORA)

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