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Stock impact report

Ormat Technologies Inc. Secures Land Parcels in Nevada's BLM Auction to Advance Future Geothermal Development

Ormat Technologies, Inc. (ORA) 
Last ormat technologies, inc. earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investor.ormat.com
Company Research Source: GlobeNewswire
RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced it has successfully secured multiple land parcels in Nevada’s Annual Bureau of Land Management (BLM) Auction. These lease acquisitions will significantly support Ormat's ongoing exploration and expansion efforts in the state, further strengthening the company's commitment to advancing renewable energy solutions and meeting Nevada's increasing demand for sustainable energy. The newly leased parcels hold substantial potential for geothermal energy production including a new greenfield prospect, an expansion opportunity for an existing operational asset, and several additional parcels that will enhance Ormat’s land position on an existing greenfield prospect. “We believe the parcels we successfully won have a high success rate that will support our growth in the U.S.,” said Doron Blachar, CEO of Ormat Technologies Inc. “Our team is dedicated to explor Show less Read more
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