ORMAT PLANS TO ENHANCE THE ACQUIRED POWER PLANTS EBITDA BY SIGNIFICANTLY IMPROVING THEIR OPERATIONS, PROFITABILITY AND GENERATIONACQUISITION ADVANCES ORMAT’S ELECTRICITY GROWTH PLANS AND FURTHER.
The Israeli energy company says these acquired assets have collectively generated an annual revenue of $35 million and an EBITDA of $24 million for 2020-2022.
Shares of Ormat Technologies, Inc. (NYSE:ORA – Get Free Report) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price […]
Company Continues Its Commitment to Corporate Responsibility and SustainabilityRENO, Nev., Oct. 12, 2023 (GLOBE NEWSWIRE) Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today released the Company’s annual Sustainability Report, providing an overview of the Company’s environmental, social and governance (ESG) performance in 2022. The 2022 Sustainability report has been updated and structured to enhance the clarity of Ormat’s ESG-related activities. The report include