Last updated 2026-08-06
- Raised $185M PIPE led by BlackRock, Jul 2022
- Raised $290M debt round, Jun 2020
- Acquired Enel Green Power North America's geothermal and solar assets, Jan 2024
Total raised
$475.0M
Last: Convertible Debt 2026-03
Stage
Public
Founded
1965
Headcount
500+
HQ
Reno, United States
Sector
Energy Tech
About
Ormat Technologies Inc. is an international company that designs, develops, builds, owns, and operates geothermal and recovered energy-based power plants. The company also provides energy storage solutions and manufactures specialized geothermal power units. Founded in Israel in 1965, Ormat has over six decades of experience in delivering clean and reliable energy solutions worldwide, with operations spanning across 30 countries.
Funding history · 6 rounds · $475.0M total
2023-02
Follow-on PO
Undisclosed
2022-07
PIPE
$185.0M
★ BlackRock
2020-10
Follow-on PO
Undisclosed
2020-06
Debt Financing
$290.0M
2004-10
Follow-on PO
Undisclosed
1990-12
Reverse Merger
Undisclosed
Q&A
- What is Ormat Technologies' primary business?
- Ormat Technologies is a global provider of renewable energy solutions, specializing in geothermal power, recovered energy, and energy storage solutions. The company designs, develops, builds, owns, and operates geothermal and recovered energy-based power plants.
- When was Ormat Technologies founded and where is its headquarters located?
- Ormat Technologies was founded in 1965 in Israel and is headquartered in Reno, United States.
- How many employees does Ormat Technologies currently have?
- Ormat Technologies has over 500 employees.
- What was Ormat Technologies' most recent funding activity?
- In March 2026, Ormat Technologies secured $1,000,000,000 in Convertible Debt from qualified institutional buyers in a private offering.
- Did Ormat Technologies make any investments recently?
- In January 2026, Ormat Technologies invested $25,000,000 in.
- Has Ormat Technologies acquired any companies or assets recently?
- In January 2024, Ormat Technologies acquired Enel Green Power North America's geothermal and solar assets.
- Who are the current CEO and CFO of Ormat Technologies?
- Doron Blachar is the Chief Executive Officer and Assaf Ginzburg is the Chief Financial Officer of Ormat Technologies.
- What was a significant debt financing round for Ormat Technologies in the past?
- In March 2014, Ormat Technologies secured $1,170,000,000 in Debt Financing from six commercial banks, Clean Technology Fund, Canadian Climate Fund, Asian Development Bank (ADB), and Japan Bank for International Cooperation (JBIC).
Team · 13
Lucien Bronicki
Founder · Founder, Chairman and CTO (until 2014)
Dita Bronicki
Founder · Founder, CEO (until 2014)
Doron Blachar
Chief Executive Officer
Assaf Ginzburg
Chief Financial Officer
Nirit Grushko
Chief Technology Officer; Executive Vice President
Jessica Woelfel
Secretary; General Counsel; Chief Compliance Officer
Daniel Moelk
Senior Vice President, Resources, Drilling & EGS
Aron Willis
Executive Vice President, Electricity Segment
Isaac Angel
Independent Chairman
David Granot
Independent Director
Stanley Bezalel Stern
Lead Independent Director
Dafna Sharir
Independent Director
Karin A. Corfee
Independent Director
Sectors & technology
Primary sector
Energy Tech
Technologies
Target customers
Business model
B2BPower GenerationEquipment Manufacturing
Highlights
Climate TechPatents
Tags
renewable-energygeothermal-energyenergy-storageclean-energyclimate-tech
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | ormat.com |
|---|---|
| linkedin.com/company/ormat-technologies-inc- | |
| Wikipedia | en.wikipedia.org/wiki/Ormat_Technologies |
| Wikidata | wikidata.org/wiki/Q1549511 |
Identifiers & details
| Legal name | Ormat Technologies, Inc. |
|---|---|
| Founded | 1965 |
| Employees (exact) | 1576 |
| Wikidata QID | Q1549511 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| Enel Green Power North America's geothermal and solar assets | 2024-01 |
Radar intelligence
Open jobs — smartrecruiters
| Total open | 13 |
|---|---|
| Remote | 0 |
| By department | Brady (2), General Office (1), Human Resources (1), Engineering (2), Finance (2) |
| By location | Reno, NV, us (8), Philadelphia, PA, us (2), Reno, Nevada, us (1), Austin, NV, us (2) |
| Title | Location | Department |
|---|---|---|
| HR -Test - Template | Reno, NV, us | |
| HR -Test - Template | Reno, NV, us | |
| VESI Test 2 | Philadelphia, PA, us | |
| Muffin Baker Test | Reno, NV, us | |
| Cindy-Test | Reno, NV, us | |
| Cindy-Test | Reno, NV, us | Brady |
| Cindy-Test | Reno, Nevada, us | General Office |
| Marcy Test | Austin, NV, us | Brady |
| Test Template 2 | Reno, NV, us | Human Resources |
| General Template-Scorecard | Reno, NV, us | Engineering |
| Test Template 2 | Reno, NV, us | Finance |
| Financial Analyst | Philadelphia, PA, us | Finance |
Patents
| EPO | 331 |
|---|
App Store
| App | Rating | Ratings |
|---|---|---|
| FleetOR |
Web history (Wayback)
| Domain | ormat.com |
|---|
Wikidata
| QID | Q1549511 |
|---|
Certificate / subdomain footprint
| Subdomains | 31 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 511597239 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1991-08-12 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 2 — annual_report (1), merger (1) |
| Registered address | שידלובסקי 1 יבנה |
Recent registry events
| Date | Event |
|---|---|
| 2026-01-27 | דו~ח שנתי-עדכון כתובת |
| 2026-06-15 | מיזוג מרצון חברה קולטת |