- American City Business Journals•17 days ago
A Philadelphia-based energy tech startup is being acquired by a Nevada-based geothermal and renewable energy company for an initial consideration of $35 million, the companies announced Tuesday. Publicly held Ormat (ORA) signed an agreement to buy Viridity Energy, a private company based at Ten Penn Center in Center City, with the aim of bringing on Viridity's proprietary SaaS platform that manages energy demand, demand response and battery storage. "Leveraging Ormat’s breadth of capabilities, electricity market expertise and resources, we will have a unique opportunity to accelerate innovation and deliver significant value to our customers and partners.
- GlobeNewswire•last month
RENO, Nev., Dec. 19, 2016-- Ormat Technologies, Inc. today announced that Ormat Nevada Inc., and ORPD LLC, through OrLeaf LLC, a jointly established new subsidiary, entered into a partnership transaction ...
- American City Business Journals•last month
Hawaii regulators have dismissed a complaint filed by a Big Island geothermal energy developer regarding planned geothermal expansion on that island, Pacific Business News has learned. In February, Huena Power inc., formed by Innovations Development Group — a Native Hawaiian renewable energy firm founded in 1998 by Roberta Cabral — filed a complaint with the Hawaii Public Utilities Commission asking it to find that Hawaii Electric Light Co.’s request for proposals process for a 50-megawatt geothermal project on the Big Island was unfair. Nevada’s Ormat Technologies, which owns and operates the Puna Geothermal Venture plant on the Big Island, was chosen over Huena Power and others, to develop the project, which was downsized to 25 megawatts.
ORA : Summary for Ormat Technologies, Inc. Common - Yahoo Finance
Ormat Technologies, Inc. (ORA)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||52.69 - 53.45|
|52 Week Range||33.18 - 54.45|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||29.38|
|Dividend & Yield||0.28 (0.52%)|
|1y Target Est||N/A|