Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 12, 2021, Hezi Kattan, the General Counsel of Ormat Technologies, Inc. (the "Company" or "Ormat") and the Company agreed that he will take a leave of absence from the Company to allow Mr. Kattan to focus on defending certain claims against him in Israel which are unrelated to Ormat. Mr. Kattan has not been charged with any violations of law. Mr. Kattan will continue to receive the same compensation package during his leave.

Jessica Woelfel, who has served as Vice President, U.S. Legal for Ormat's business in the United States, since January 2019 has agreed to serve as the Company's Interim General Counsel. Ms. Woelfel has nearly 20 years of legal experience and, prior to joining Ormat, Ms. Woelfel was an associate and partner at major law firms in San Francisco, California and Reno, Nevada. Ms. Woelfel holds a Bachelor's degree from the University of California, Berkeley and a J.D. from University of California, Hastings College of Law.

Item 7.01. Regulation FD Disclosure

On March 1, 2021, the Company issued a press release in response to a report published by Hindenburg Research LLC ("Hindenburg"), a self-proclaimed short seller. Promptly following the issuance of the report, consistent with best practices and out of an abundance of caution, Ormat's Board of Directors formed a special committee of independent directors that is working with outside legal counsel to review the claims made by Hindenburg and determine whether additional steps are warranted.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses