geothermal asset News
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Ormat Sells Heber Solar PV Project for $35.25 Million
Ormat Technologies, Inc. (NYSE:ORA) today announced that its wholly owned subsidiary, Ormat Nevada, Inc., signed an agreement with RET Holdings, LLC to sell the Heber Solar project in Imperial County, California for $35.25 million. Ormat received the first payment of $15 million with the remainder expected to be paid in the second quarter of 2014, subject to fulfillment of certain milestones. As ...
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Ormat Technologies Inc. Announces $175 Million Agreement with Northleaf Capital Partners for a 40% Equity Investment in Certain Power Plants at a Valuation of $438 Million
Ormat Technologies, Inc. (NYSE: ORA) (the “Company”), today announced that its wholly-owned subsidiary Ormat Nevada Inc. (“Ormat”) has entered into a binding agreement with infrastructure funds managed by Northleaf Capital Partners (“Northleaf“) under which Ormat will contribute certain geothermal and recovered energy generation power plants into a newly ...
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MidAmerican Solar Acquires World´s Largest Solar Development from SunPower
Today, MidAmerican Solar, a subsidiary of MidAmerican Renewables, and SunPower Corp. (NASDAQ: SPWR) announced MidAmerican Solar's acquisition from SunPower of the 579-megawatt Antelope Valley Solar Projects (AVSP), two co-located projects in Kernand Los AngelesCounties in Calif. Together, the two combined projects will form the largest permitted solar photovoltaic power development in the world ...
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Geothermal Power in the US, Market Outlook to 2025 - Capacity, Generation, Regulations and Company Profiles
Reportlinker.com announces that a new market research report is available in its catalogue: Geothermal Power in the US, Market Outlook to 2025 - Capacity, Generation, Regulations and Company Profiles ...
By ReportLinker
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Ormat to Acquire Geothermal Power Plant in the Island of Guadeloupe
Ormat Technologies, Inc. (NYSE:ORA) announced today it has signed a binding Memorandum of Understanding (MOU) to acquire, gradually, 85% of Geothermie Bouillante SA (GB) at a total company enterprise value of up to around €52 million (approximately $56 million USD, based on current foreign currency exchange rates). GB owns and operates a 14.75 MW geothermal power plant and owns two ...
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