Company Ormat Technologies, Inc.

Equities

ORA

US6866881021

Electric Utilities

Real-time Estimate Cboe BZX 12:17:07 2024-03-28 pm EDT 5-day change 1st Jan Change
67.2 USD +1.37% Intraday chart for Ormat Technologies, Inc. +1.23% -11.47%

Business Summary

Ormat Technologies, Inc. is a vertically integrated company, which is primarily engaged in the geothermal energy power business. The Company operates through three segments: Electricity, Product and Energy Storage. Electricity segment develops, builds, owns and operates geothermal, solar Photovoltaic (PV) and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world and sells the electricity they generate. Product Segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation and provides services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment owns and operates grid connected In Front of the Meter (IFM) BESS facilities, which provide capacity, energy and ancillary services directly to the electric grid.

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 60,617,554 60,218,242 ( 99.34 %) 258,667 ( 0.4267 %) 99.34 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
12.45 %
7,512,275 12.45 % 489 M $
6,676,077 11.06 % 435 M $
Vanguard Fiduciary Trust Co.
8.822 %
5,324,628 8.822 % 347 M $
Impax Asset Management (AIFM) Ltd.
4.371 %
2,638,182 4.371 % 172 M $
Global Alpha Capital Management Ltd.
3.833 %
2,313,856 3.833 % 151 M $
CPR Asset Management SA
3.589 %
2,166,085 3.589 % 141 M $
2,013,559 3.336 % 131 M $
1,976,919 3.275 % 129 M $
BlackRock Life Ltd.
2.757 %
1,663,796 2.757 % 108 M $
Dimensional Fund Advisors LP
2.081 %
1,256,304 2.081 % 82 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)

Group companies

NameCategory and Sector
Engineering & Construction