Ormat Technologies, Inc. (NYSE: ORA)
Reno, NV 89511-1136 (Map) Phone: 775-356-9029
Fax: 775-356-9039
http://www.ormat.com
Overview
Ormat Technologies is on an environmentally safe power trip. The company builds geothermal as well as recovered energy power plants. Geothermal technology extracts hot water or steam that is vaporized and used to drive turbines. The fluid is then cooled and recycled back through the process, making it a clean and renewable energy source. Recovered energy utilizes heat produced in other industrial processes. The company, set up by Israel-based Ormat Industries, also sells power units for both types of plants. Ormat operates geothermal plants (with a total of 410 MW of power) in Guatemala (2), Kenya, Nicaragua, and the US (7). The Bronicki family owns about 35% of the company.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Ormat Technologies, Inc. (NYSE: ORA)
| Company Type | Public (NYSE: ORA) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £238.1 |
| 1-Year Sales Growth | 16.5% |
| 2008 Net Income (mil.) | £34.4 |
| 1-Year Net Income Growth | 82.0% |
| 2008 Employees | 1,069 |
| 1-Year Employee Growth | 18.9% |
Key People from Hoover's UK
Key people and executives for Ormat Technologies, Inc. (NYSE: ORA)
| Chairman and CTO | Lucien Y. Bronicki (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CEO and Director | Yehudit (Dita) Bronicki Connect to this executive |
| President, COO, and Director | Yoram Bronicki Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Ormat Technologies, Inc. (NYSE: ORA)
There are 8 competitors for Ormat; see more.
