Ormat Announces Analyst and Investor Day on September 26, 2017
September 18 2017 - 4:06PM
Ormat Technologies, Inc. (NYSE:ORA) (the “Company”), today
announced that it will host an Analyst and Investor Day, from 9
a.m. to 12:30 p.m. (ET) on Tuesday, September 26, 2017 in New York
City.
Isaac Angel, Ormat’s Chief Executive Officer,
will lead the discussion around the Company’s key strategies, the
status of key initiatives, and Ormat’s market opportunity.
Additional presentations will be made by key members of Ormat’s
senior team including:
- Doron Blachar, Chief Financial Officer;
- Bob Sullivan, Executive Vice President Business Development,
Sales and Marketing; and,
- Raj Chudgar, President of Viridity Energy Solutions Inc., an
Ormat Company
Ormat’s team will also be available for a
question and answer sessions.
Mr. Todd Freeland, Co-Head of Energy and Eco
Services of ORIX Corporation (TSE:8591); (NYSE:IX), and the new
appointed chairman of Ormat Board of Directors will present at the
event and provide introduction to ORIX, as well as his perspective
on the cooperation agreement with Ormat.
Space for the event is limited. Analysts and
institutional investors that are interested in attending are
encouraged to contact Rob Fink of Hayden IR at
ORA@haydenir.com or 646.415.8972.
The live webcast and the presentation materials
will be available at www.ormat.com under News & Events in
the Investor Relations section of Ormat'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 the objective of becoming a leading
global provider of renewable energy. 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. With 73 U.S. patents, Ormat’s power solutions have
been refined and perfected under the most grueling environmental
conditions. Ormat has 530 employees in the United States and 720
overseas. Ormat’s flexible, modular solutions for geothermal power
and REG are ideal for the vast range of resource characteristics.
The company has engineered, manufactured and constructed power
plants, which it currently owns or has installed to utilities and
developers worldwide, totaling over 2,200 MW of gross capacity.
Ormat’s current 727 MW generating portfolio is spread globally in
the U.S., Guatemala, Guadeloupe, Indonesia and Kenya. Ormat also
intends to expand its operations and provide energy management and
energy storage solutions, by leveraging its core capabilities and
global presence as well as through its Viridity Energy Solutions,
Inc. subsidiary, a Philadelphia-based company with nearly a decade
of expertise and leadership in demand response, energy management
and storage.
ORMAT’S SAFE HARBOR
STATEMENT
Information provided in this press release may
contain statements relating to current expectations, estimates,
forecasts and projections about future events that are
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
generally relate to Ormat's plans, objectives and expectations for
future operations and are based upon its management's current
estimates and projections of future results or trends. Actual
future results may differ materially from those projected as a
result of certain risks and uncertainties. For a discussion of such
risks and uncertainties, see "Risk Factors" as described in Ormat
Technologies, Inc.'s Annual Report on Form 10-K filed with the
Securities and Exchange Commission on March 1, 2017.
These forward-looking statements are made only
as of the date hereof, and we undertake no obligation to update or
revise the forward-looking statements, whether as a result of new
information, future events or otherwise.
Ormat Technologies Contact:Smadar LaviHead of
Investor Relations775-356-9029 (ext. 65726)slavi@ormat.com
Investor Relations Agency Contact:Rob Fink/Brett
MaasHayden - IR646-415-8972/646-536-7331rob@haydenir.com /
brett@haydenir.com
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