Craft

Ormat Technologies

Stock Price

$73

2024-07-15

Market Capitalization

$4.4 B

2024-07-15

Revenue

$829.4 M

FY, 2023

Ormat Technologies Summary

Company Summary

Overview
Ormat Technologies is a company that provides renewable power and energy storage solutions. It specializes in exploring, developing, designing, manufacturing, building, owning, and operating geothermal power plants.
Type
Public
Status
Active
Founded
1965
HQ
Reno, NV, US | view all locations
Website
http://www.ormat.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Doron Blachar

    Doron Blachar, Chief Executive Officer

  • Shlomi Argas
  • Assi Ginzburg

    Assi Ginzburg, Chief Financial Officer

  • Ofer Benyosef

    Ofer Benyosef, Executive Vice President, Energy Storage and Business Development

Operating MetricsView all

Product Backlog (Chile)

$6.8M

FY, 2020

Generating Capacity (Recovered Energy Generation), MW

53

FY, 2022

Generating Capacity, MW

1.1K
5.7%

FY, 2022

LocationsView all

1 location detected

  • Reno, NV HQ

    United States

    6140 Plumas Street

Ormat Technologies Financials

Summary Financials

Revenue (Q1, 2024)
$224.2M
Gross profit (Q1, 2024)
$78.8M
Net income (Q1, 2024)
$40.4M
Cash (Q1, 2024)
$201.5M
EBIT (Q1, 2024)
$52.6M
Enterprise value
$4.2B

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