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Nov. 27, 2013, 3:53 AM
- As flagged, Orange (ORA) has agreed to sell its Dominican Republic unit to cable and telecommunications investor Altice for $1.435B.
- The deal is subject to approval from the Dominican authorities and Orange's board.
- The sale is part of a trend of major European telecom operators divesting non-core assets. (PR)
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It designs, develops, builds, owns, and operates clean, environmentally friendly geothermal and recovered energy-based power plants.
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