Ormat Technologies, Inc. (HNM.DE) XETRA

Currency In EUR

Ormat Technologies, Inc.

Address

6140 Plumas St

Reno, NV

United States of America (the)

Phone

17753569029

Website

https://www.ormat.com

Sector

Utilities

Industry

Renewable Utilities

Employees

1576

First IPO Date

February 18, 2020

Key Executives

Name	Title	Pay	Year Born
Doron Blachar	Chief Executive Officer	1.13M	1968
Ofer Ben Yosef	Executive Vice President of Energy Storage & Business Development	501,356	1964
Jessica Woelfel	General Counsel, Chief Compliance Officer & Corporate Secretary	508,347	1977
Shimon Hatzir	Executive Vice President of Electricity Segment	599,129	1962
Assaf Ginzburg	Chief Financial Officer	674,092	1975
Elad Zalkin	Senior Vice President of Projects, Business Excellence, Planning & Control	0	N/A
Liza Tavori	Executive Vice President of Human Resources	0	N/A
Nirit Grushko	Senior Vice President of Engineering, R&D Innovation & QEHS	0	N/A
Smadar Lavi	Vice President, Head of Investor Relations & ESG Planning and Reporting	0	N/A

Description

Ormat Technologies, Inc. is a holding company primarily focused on generating power from geothermal and recovered energy sources. Based in Reno, Nevada, the company employs 1,346 full-time individuals. It is vertically integrated, handling the design, development, construction, ownership, and operation of power plants that utilize geothermal and recovered energy. The firm's manufacturing facilities for equipment are located in Israel. Ormat conducts its business through two main segments: Electricity and Product. A significant part of its Product segment involves manufacturing specialized equipment capable of converting waste heat into electricity, enhancing its recovered energy initiatives.