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Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2021 Financial Results

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Rhea-AI Summary

Ormat Technologies Inc. (NYSE: ORA) plans to release its fourth quarter and year-end 2021 financial results on February 23, 2022, after market closure. A conference call and webcast will be held at 10 a.m. ET on February 24, 2022, to discuss these results and future growth expectations. The company boasts over 3,200 MW of gross capacity in geothermal and recovered energy generation, along with a 1.1 GW generation portfolio. Ormat is focused on expanding into the energy storage sector, with significant efforts to establish itself in the U.S. market.

Positive
  • Plans to announce fourth quarter and year-end 2021 results, reflecting transparency.
  • Current generating portfolio totals 1.1 GW, indicating a strong operational capacity.
  • Expanding into the energy storage market, positioning for future growth.
Negative
  • None.

RENO, Nev., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading vertically integrated geothermal energy and recovered energy power company businesses, today announced that it plans to announce its fourth quarter and year-end 2021 financial results in a press release that will be issued on Wednesday, February 23, 2022, after the market closes. In conjunction with this report, the Company will host a conference call and webcast to discuss its financial results and growth expectations at 10 a.m. ET on Thursday, February 24, 2022.

To participate, please dial 1-844-200-6205, approximately 15 minutes prior to the scheduled start of the call. If you are calling from Canada please dial 1-833-950-0062 and If calling outside of the United States and Canada, please dial +1-929-526-1599. Access code for the call is 796448. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be accompanied by a webcast live on the Investor Relations section of the Company's website.

A replay will be available one hour after the end of the conference call. To access the replay from United states, please dial 1-866-813-9403, from Canada please dial 1-226-828-7578 and from outside of the United States +44-204-525-0658. Please use the replay access code 348661. The webcast will also be archived on the Investor Relations section of the Company's website.         

ABOUT ORMAT TECHNOLOGIES

With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures, and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured, and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,200 MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1.1 GW, comprises 1,015 MW of geothermal and Solar portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe and an 83 MW energy storage portfolio that is located in the U.S.

Ormat Technologies Contact:

Smadar Lavi

VP Corporate Finance and Head of Investor Relations

775-356-9029 (ext. 65726)

slavi@ormat.com
Investor Relations Agency Contact:

Sam Cohen or Joseph Caminiti

Alpha IR Group

312-445-2870

ORA@alpha-ir.com


FAQ

When will Ormat Technologies announce its financial results?

Ormat Technologies will announce its financial results on February 23, 2022.

What time is the Ormat Technologies conference call?

The conference call is scheduled for 10 a.m. ET on February 24, 2022.

What is the significance of Ormat's 1.1 GW generation portfolio?

The 1.1 GW generation portfolio indicates Ormat's robust operational capacity in geothermal and solar power.

How is Ormat Technologies expanding its business?

Ormat is expanding into the energy storage market to enhance its growth prospects.

Ormat Technologies, Inc.

NYSE:ORA

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