Ormat Technologies Awarded Tolling Agreements for Two Energy Storage Facilities in Israel [Yahoo! Finance]
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
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Source: Yahoo! Finance
Thu, February 13, 2025 at 12:00 PM GMT+1 5 min read In This Article ORA Ormat Technologies, Inc. New Tolling Agreements Advance Ormat's Strategic Transition Towards a More Stable, Profitable Portfolio RENO, Nev., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), (“Ormat” or the “Company”) a leading geothermal and renewable energy technology company, today announced that it has won a tender issued by the Israeli Electricity Authority and has been awarded two separate 15-year tolling agreements for two Energy Storage facilities. The facilities under the tolling agreements are expected to have a combined capacity of approximately 300MW/1200MWh. These projects are developed in partnership with Allied Infrastructure LTD (“Allied”), a leading infrastructure company in Israel. The ownership of the projects will be shared, 50/50 between Ormat and Allied. This marks Ormat's and the partnership's first major entry into the Israeli utility scale energy storage
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News
- Ormat Technologies (NYSE:ORA) had its price target raised by analysts at TD Cowen from $100.00 to $115.00. They now have a "hold" rating on the stock.MarketBeat
- Ormat Technologies (NYSE:ORA) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- Ormat Technologies (ORA): Is the Recent 58% Share Price Jump Justified by Its Valuation? [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (ORA) Earns Outperform Rating After Beating Q3 Estimates and Boosting Growth Outlook [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (NYSE:ORA) had its price target raised by analysts at UBS Group AG from $105.00 to $135.00. They now have a "buy" rating on the stock.MarketBeat
ORA
Earnings
- 11/3/25 - Beat
ORA
Sec Filings
- 11/10/25 - Form 4
- 11/10/25 - Form 4
- 11/10/25 - Form 4
- ORA's page on the SEC website