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Ormat Technologies

Ormat Technologies

Product Backlog

$96.5 M

May, 2020

Revenue

$663.1 M

FY, 2021

Market Capitalization

$5.1 B

2022-11-18

Ormat Technologies Summary

Company summary

Overview
Ormat Technologies is a company engaged in geothermal and recovered energy generation (REG). It owns, operates, designs, manufactures, and sells geothermal and REG power plants based on the Ormat Energy Converter, a power generation unit that converts low-, medium- and high-temperature heat into electricity.
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, CEO

    • Shlomi Argas

      Shlomi Argas, President, Head of Operations and Products

    • Assi Ginzburg

      Assi Ginzburg, CFO

      • Hezi Kattan

        Hezi Kattan, General Counsel & CCO

      Operating MetricsView all

      Product Backlog

      $96.5M
      42.2%

      May, 2020

      New Orders

      $59M
      18.0%

      May, 2019

      Power Plants

      180

      Nov, 2019

      LocationsView all

      1 location detected

      • Reno, NV HQ

        United States

        6140 Plumas St

      Ormat Technologies Financials

      Summary financials

      Revenue (Q3, 2022)
      $175.9M
      Gross profit (Q3, 2022)
      $61.1M
      Net income (Q3, 2022)
      $19.8M
      Cash (Q3, 2022)
      $154.6M
      EBIT (Q3, 2022)
      $38.9M
      Enterprise value
      $5.0B

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