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Ormat Technologies, Inc. (ORA)

63.78 -1.21 (-1.86%)
At close: April 25 at 4:00 PM EDT
65.57 +1.79 (+2.81%)
After hours: April 25 at 7:21 PM EDT

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Doron Blachar Chief Executive Officer 1.26M 851.75k 1968
Mr. Assaf Ginzburg Chief Financial Officer 753.44k -- 1975
Ms. Jessica Woelfel General Counsel, Chief Compliance Officer & Corporate Secretary 568.18k -- 1977
Mr. Shimon Hatzir Executive Vice President of Electricity Segment 669.65k -- 1962
Mr. Ofer Ben Yosef Executive Vice President of Energy Storage & Business Development 560.37k -- 1964
Ms. Smadar Lavi Vice President, Head of Investor Relations & ESG Planning and Reporting -- -- --
Ms. Liza Tavori Executive Vice President of Human Resources -- -- --
Ms. Nirit Grushko Senior Vice President of Engineering, R&D Innovation & QEHS -- -- --
Mr. Elad Zalkin Senior Vice President of Projects, Business Excellence, Planning & Control -- -- --

Ormat Technologies, Inc.

6140 Plumas Street
Reno, NV 89519-6075
United States
775 356 9029 https://www.ormat.com
Sector: 
Utilities
Full Time Employees: 
1,576

Description

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.

Corporate Governance

Ormat Technologies, Inc.’s ISS Governance QualityScore as of April 1, 2024 is 2. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 2; Compensation: 2.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

  • Mar 27, 2024
    ARS: Annual Report to Shareholders
    See Full Filing
  • Mar 20, 2024
    Dividend Date
  • Mar 15, 2024
    PRE 14A: Proxy Statements
    See Full Filing
  • Mar 07, 2024
    SC 13G/A: Tender Offer/Acquisition Reports
    See Full Filing
  • Mar 05, 2024
    Ex-Dividend Date

Upcoming Events

May 08, 2024
Ormat Technologies, Inc. Earnings Call

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