Table of Contents
Table of Contents 3
List of Tables 6
List of Figures 7
Ormat Technologies Inc, Power, Deals By Year, 2012 to YTD 2018 8
Ormat Technologies Inc, Power Deals By Type, 2012 to YTD 2018 9
Ormat Technologies Inc, Power, Deals By Region, 2012 to YTD 2018 10
Ormat Technologies Inc, Power, Deals By Sector, 2012 to YTD 2018 11
Ormat Technologies Inc, Power, Deals Summary, 2012 to YTD 2018 12
Ormat Technologies Inc, Power, Deal Details 14
Asset Purchase 14
U.S. Geothermal to Acquire Remaining Stake in Raft River Power Plant in Southern Idaho, US from Goldman Sachs 14
Ormat Technologies and Caisse des Depots et Consignations Complete Acquisition of 80% Stake in Geothermal Power Plant in the Island of Guadeloupe from Sageos 15
Ormat Nevada Completes Acquisition of Truckhaven and Crump Geyser Geothermal Assets in the US from Alternative Earth Resources 17
U.S. Geothermal Acquires Geothermal Property In Vale Butte Area In Oregon, US 18
U.S. Geothermal Acquires Stake in Raft River Geothermal Power Plant in Idaho, US from Goldman Sachs for USD5.1 Million 19
U.S. Geothermal Completes Acquisition Of Geysers Project In US From Ram Power For USD 6.4 Million 20
Ormat To Acquire 12.8% Interest In Sarulla Geothermal Plant In North Sumatra, Indonesia 21
Ormat Technologies Completes Acquisition Of GeoPlatanares Geothermal Power Plant From Elcosa 22
Ormat Technologies To Acquire 90% Stake In Hu'u Dompu Geothermal Power Project From PT Trimatra Energy and PT Bima Transindo Persada 23
Ormat Technologies Completes Project Financing of USD124.7 Million for Refinancing of Platanares Geothermal Power Project in Honduras 24
Ormat Technologies Completes Project Financing for Refinancing Geothermal Power Plant in Nevada, US 25
Ormat Nevada and Northleaf Capital Partners Completes Bond Financing of USD92.5 Million for Refinancing of Don A. Campbell Phase I Geothermal Power Plant in Nevada, US 26
Ormat Technologies Completes Project Financing of USD42 Million for Refinancing of Amatitlan Geothermal Power Plant in Guatemala 27
Medco Power Indonesia, Itochu, Kyushu Electric Power, Inpex and Ormat International Complete Project Financing of USD1.2 Billion for Sarulla Geothermal Power Plant in Indonesia 28
OrPower 4 Completes Project Refinancing Of USD360 Million for Expansion of Olkaria III Geothermal Power Project in Kenya 29
USG Nevada Completes Project Financing Of USD 30.7 Million For San Emidio Geothermal Project In Nevada, US 30
U.S. Geothermal Announces Project Financing Of USD 15 Million For Unit 3 And 4 In San Emidio Geothermal Project In US 31
Ormat Nevada Completes Tax Equity Financing Of USD 35.7 Million For Portfolio Of Geothermal Power Plants In US 32
Ormat Technologies Completes Tax Equity Financing Of USD 35.7 Million For Eight Geothermal Power Projects In California And Nevada, US 33
U.S. Geothermal Guatemala Receives Grant of USD3.4 Million Financing for El Ceibillo Geothermal Power Plant in Guatemala 34
USG Oregon To Receive Grant Of USD 36 Million For Neal Hot Springs Geothermal Plant In US 35
Venture Financing 36
Viridity Energy Raises USD8.5 Million in Venture Financing 36
Viridity Energy Secures USD0.5 Million in Venture Funding from Ben Franklin Technology Partners of Southeastern Pennsylvania 37
Partnerships 38
Ormat Technologies to Form Partnership with Alevo 38
Equity Offering 39
U.S. Geothermal to Raise USD10 Million in Private Placement of Shares 39
U.S. Geothermal Completes Private Placement Of Units For USD 4.4 Million 40
U.S. Geothermal Announces Private Placement Of Shares For USD 10.5 Million 41
Debt Offering 42
Ormat Technologies Raises USD92.5 Million in Private Placement of 4.03% Notes Due 2033 42
Ormat Technologies Raises USD67 Million in Private Placement of 3.7% Bonds Due 2020 43
Ormat Technologies Raises USD137 Million in Private Placement of 4.45% Bonds Due 2022 44
Asset Transactions 45
Ormat Technologies Sells Membership Interest in Tungsten Mountain Geothermal Power Plant in Nevada, US 45
Northleaf Capital Partners Acquires 36.75% Equity Interest in Don A. Campbell Geothermal Power Plant 2 in Mineral County, Nevada, US from Ormat Nevada for USD44.2 Million 46
Northleaf Capital Partners Completes Acquisition of 36.75% Joint Venture Interest in Portfolio of Geothermal and Recovered Energy Generation Power Projects in US from Ormat Nevada for USD162.3 Million 47
RET Completes Project Financing of USD35.2 Million for Acquisition of Heber Solar Project in US from Ormat Nevada 48
Enbridge Acquires 40% Stake In Neal Hot Springs Geothermal Project From US Geothermal For USD 23.8 Million 49
Acquisition 50
Ormat Technologies Completes Acquisition of U.S. Geothermal for USD110 Million 50
ORIX Completes Acquisition of 22.1% Stake in Ormat Technologies from FIMI ENRG and Bronicki Investments for USD627 Million 52
Ormat Technologies Acquires Viridity Energy 54
U.S. Geothermal Acquires Earth Power Resources 55
Ormat Technologies Inc-Key Competitors 56
Ormat Technologies Inc-Key Employees 57
Ormat Technologies Inc-Locations And Subsidiaries 58
Head Office 58
Other Locations & Subsidiaries 58
Recent Developments 60
Nov 06, 2018: Ormat Technologies reports third quarter 2018 financial results 60
Oct 14, 2018: Ormat's 29th power plant in Turkey successfully commissioned by Soyak 63
Aug 07, 2018: Ormat Technologies Reports Second Quarter 2018 Financial Results 64
Jun 27, 2018: Ormat's Olkaria III Plant 1 Expansion Reaches Commercial Operation, Increasing Complex Capacity to 150 MW 67
Jun 19, 2018: Ormat Technologies Files Restated Financial Reports and Files Q1 2018 Financial Report Containing Adjusted Results 68
May 28, 2018: Ormat Provides an Update on the Puna Power Plant in Hawaii Following the Kilauea Volcanic Eruption 69
May 15, 2018: Ormat Provides An Update On The Puna Power Plant In Hawaii Following The Kilauea Volcanic Eruption 70
May 08, 2018: Sarulla Geothermal Power Plant Expands to 330 MW With Third and Final Unit Commencing Commercial Operation 71
May 07, 2018: Ormat Technologies Reports First Quarter 2018 Financial Results 72
Apr 30, 2018: President Hernandez Joins OPIC to Inaugurate Honduras' First Geothermal Plant 75
Apr 17, 2018: Dynapower and Viridity Energy Solutions Enter Into a Master Supplier Agreement for Energy Storage Inverters and Fully-Integrated Systems 76
Apr 17, 2018: Ormat Technologies strongly committed on geothermal development in state of Nevada 77
Apr 16, 2018: Ormat's Viridity to Begin Construction of 40MWh Energy Storage Systems in New Jersey 78
Mar 01, 2018: Ormat Technologies Reports Record Revenues for Full-Year 2017 79
Dec 21, 2017: 24 MW Tungsten Mountain Geothermal Power Plant in Nevada Begins Commercial Operation 83
Dec 13, 2017: Ormat wins USD 50m EPC Contract for geothermal project in New Zealand 84
Nov 07, 2017: Ormat Technologies Reports 2017 Third Quarter Earnings 85
Oct 10, 2017: Sarulla Geothermal Power Plant Capacity Expands to 220 MW With Second Unit Commencing Commercial Operation 88
Sep 26, 2017: Ormat commissions 35MW geothermal power plant in Honduras 89
Sep 18, 2017: The first geothermal power plant in Honduras starts operations 90
Aug 03, 2017: Ormat Technologies Reports 2017 Second Quarter Earnings 91
Jul 26, 2017: Ormat Technologies, Inc. Implements Corporate Governance Changes in Connection With Closing of ORIX Transaction 93
Jun 02, 2017: Ormat to sign power purchase agreement for 150MW geothermal portfolio 95
Jun 01, 2017: Ormat Secures First Portfolio PPA for 150 MW of Geothermal Capacity with SCPPA 96
May 08, 2017: Ormat Technologies Reports 25% Increase in Revenues for the First Quarter of 2017 97
Mar 21, 2017: One of the World's Largest Geothermal Power Plants Commences Commercial Operation 99
Appendix 100
Methodology 100
About GlobalData 100
Contact Us 100
Disclaimer 100
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