Last updated 2026-10-30
- Raised $100M Public Offering, Nov 2004
- Acquired Blue Mountain geothermal power plant for $88M, Jun 2025
- Acquired Geothermal and Solar Assets from Enel Green Power North America for $271M, Jan 2024
Total raised
$900.0M
Stage
Public
Founded
1965
Headcount
1,644
HQ
Reno, United States
Sector
Energy Tech
About
Ormat Technologies Inc. is a vertically integrated company engaged in the geothermal and recovered energy power business. It develops, builds, owns, and operates geothermal, solar PV, and recovered energy-based power plants globally. Ormat also designs, manufactures, and sells specialized geothermal power units and provides utility-scale energy storage and management services. The company is committed to innovation and advancing technologies for efficient development of renewable energy, reducing waste, and providing sustainable energy management solutions.
Funding history · 1 round · $900.0M total
1 event/round · $900.0M Total Funding: $100.0M in Public Equity
Nov 2004
Public Offering
$100.0M
Acquisitions · 2
Jun 2025
Blue Mountain geothermal power plant
$88.0M
Jan 2024
Geothermal and Solar Assets from Enel Green Power North America
$271.0M
Offices
Reno, United States · HQ / main office
Q&A
- When was Ormat Technologies Inc. founded and by whom?
- Ormat Technologies Inc. was founded in 1965 by Lucien Bronicki and Yehudit "Dita" Bronicki.
- What is Ormat Technologies Inc.'s primary business focus?
- Ormat Technologies Inc. is a vertically integrated company focused on geothermal and recovered energy power, developing, building, owning, and operating geothermal, solar PV, and recovered energy-based power plants globally. It also manufactures specialized geothermal power units and provides utility-scale energy storage and management services.
- How many employees does Ormat Technologies Inc. have?
- Ormat Technologies Inc. has over 500 employees.
- What was Ormat Technologies Inc.'s most recent acquisition?
- In June 2025, Ormat Technologies Inc. acquired the Blue Mountain geothermal power plant for $88 million.
- What was Ormat Technologies Inc.'s acquisition in January 2024?
- In January 2024, Ormat Technologies Inc. acquired Geothermal and Solar Assets from Enel Green Power North America for $271 million.
- When did Ormat Technologies Inc. conduct its public offering?
- Ormat Technologies Inc. conducted a public offering in November 2004, raising $100 million.
- Where is Ormat Technologies Inc. headquartered?
- Ormat Technologies Inc. is headquartered in Reno, United States.
- Who are the current CEO and CFO of Ormat Technologies Inc.?
- Doron Blachar is the Chief Executive Officer and Assi Ginzburg is the Chief Financial Officer of Ormat Technologies Inc.
Team · 8
Lucien Bronicki
Founder · Founder, Chairman and CTO (until 2014)
Yehudit "Dita" Bronicki
Founder · Founder, CEO (until 2014)
Doron Blachar
Chief Executive Officer
Assi Ginzburg
Chief Financial Officer
Ofer Benyosef
Executive Vice President, Energy Storage and Business Development
Jessica Woelfel
General Counsel, Chief Compliance Officer, and Corporate Secretary
Liza Tavori
Executive Vice President and Chief Human Resources Officer
Elad Zalkin
Executive Vice President, Projects, Engineering and QEHS
Sectors & technology
Primary sector
Energy Tech
Technologies
Target customers
Business model
electricity generation and salesequipment manufacturing and salesturnkey power plant constructionenergy storage services
Highlights
Climate TechPatents
Tags
renewable-energygeothermal-energyenergy-storagesolar-pvclean-energyenergy-infrastructurecleantechindustrials
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | ormat.com |
|---|
Identifiers & details
| Legal name | Ormat Technologies, Inc. |
|---|---|
| Founded | 1965 |
| Employees (exact) | 1644 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| Blue Mountain geothermal power plant | 2025-06 | $88.0M |
| Geothermal and Solar Assets from Enel Green Power North America | 2024-01 | $271.0M |