Ormat Technologies, Inc. Announces Executive Changes
March 12, 2021 at 07:51 am EST
Share
On March 12, 2021, Hezi Kattan, the General Counsel of Ormat Technologies, Inc. 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. 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.
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.