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Ormat Technologies, Inc. (ORA)

- NYSE
  • May. 9, 2012, 2:54 PM
    Ormat Technologies (ORA +12.6%) shares jump after the provider of geothermal energy moved to a Q1 profit from a loss in the same period last year, exceeding analyst expectations. ORA raised full-year revenue guidance to $480M-$505M (product revenues $165M-$175M; reaffirmed electric revenues $315M-$330M) vs. $473M consensus.
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  • Apr. 25, 2012, 9:54 AM
    Ormat Technologies (ORA +1.8%) shares move higher after subsidiary Ormat Nevada is selected to supply a $61M engineering, procurement and construction contract where ORA will provide two air-cooled Ormat Energy Converters for a geothermal power plant project in North America.
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  • Nov. 28, 2011, 4:23 PM
    Ormat Technologies (ORA +4.8%) finished higher today after announcing it's signed a $65M contract and credit agreement with Lightning Dock Geothermal, a subsidiary of privately held Cyrq Energy, in connection with the construction of a geothermal project in New Mexico.
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  • Nov. 9, 2011, 4:05 PM
    Geothermal energy provider Ormat Technologies (ORA -6.8%) sold off today after filing for a $1.5B mixed shelf registration. The company says it will use the proceeds from the sale for "general corporate purposes."
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Company Description
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.
Sector: Utilities
Country: United States