New Geothermal PPA Advances Ormat’s Portfolio Expansion Strategy and Long-Term Revenue and EBITDA GenerationRENO, Nev., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions, one of North America’s largest energy suppliers. Under this agreement, Calpine Energy Solutions will purchase up to 15 megawatts (MW) of clean, renewable energy from t ...

RENO, Nev., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA), a leading geothermal and renewable energy company, today announced that it plans to publish its fourth quarter and full year 2024 financial results in a press release that will be issued on Wednesday, February 26, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m. ET on Thursday, February 27, 2025. Participants within the United Stat ...

ROAD TOWN, British Virgin Islands, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33) (“Aura” or the “Company”), is pleased to announce that Aura has completed the previously announced acquisition of Bluestone Resources Inc. (“Bluestone”) by way of a plan of arrangement under Part 5 of Division 9 of the Business Corporations Act (British Columbia) (the “Transaction”). Aura paid approximately C$26,255,313 in cash, C$0.287 for each Bluestone Share held, and issued 1,007,186 Aura share ...

ROAD TOWN, British Virgin Islands, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) announces Q4 2024 preliminary production results from the Company’s four operating mines: Aranzazu, Apoena (EPP), Minosa (San Andres), and Almas. Total production in Q4 2024 reached 66,473 gold equivalent ounces (“GEO”)1, 1% below the third quarter of 2024 and stable when compared to the same period last year at constant metal prices. The quarter’s highlig ...

9 January 2025 Orange: information on the total number of shares and voting rights referred to in Article L.233-8 II of the French Commercial Code and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers. In application of Article L. 22-10-46 of the French Commercial Code (Code de commerce), as from 3 April 2016, a double voting right is automatically granted to fully paid-up shares that have been held in registered form and under a single shareholder name for at least two years ...

Press releaseParis, 08 January 2025 Transactions carried out as part of a share buyback program and outside of a liquidity contract Orange announces that it has purchased treasury shares within the framework of its 2024 share buyback program. These shares have been acquired to honor obligations related to long-term incentive plans for corporate officers and senior employees. The long-term incentive plans, which are conditional on presence and performance, were set up with the aim of involving Group key mana ...

Regulated informationParis, 8 January 2025 Half-yearly report on the Orange liquidity contract As part of the liquidity contract signed by Orange with Rothschild Martin Maurel, the following assets appeared on the liquidity account as of December 31, 2024: 0 share€ 50,026,203 Over the period from 2024-07-01 to 2024-12-31, a total of: Number of transactions executedVolume exchangedAmount in € Buy side6,12311,123,066112,476,576.52Sell side8,37512,018,066<td style="width:177.34px;;vertical-align: middle; t ...

RENO, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- In a release issued earlier today by Ormat Technologies Inc. (NYSE: ORA), please note the original headline read "20MW/120MWH" when it should have read "20MW/20MWH." This error was introduced by GlobeNewswire. The corrected release follows: Ormat Commences Commercial Operation of Montague Energy Storage Facility, Delivering 20MW/20MWh of Energy Storage Capacity to the PJM Market Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal ...

Ormat Technologies Inc. (ORA) recently acquired 1,678 acres of land in Utah during the Bureau of Land Management (BLM) auction. The new land will help Ormat Technologies build two new geothermal power plants near its Cove Fort facility. The first plant’s (Cove Fort 2) exploration will start in 2025, with commercial operation estimated to begin in 2027. The second plant, Cove Fort North, will be developed later.ORA’s Position in Geothermal GenerationAs the impacts of climate change become more apparent, the ...

Company Announcement - Ormat Technologies Inc announced the successful commencement of commercial operations for its Montague energy storage facility, a 20MW/20MWh Battery Energy Storage System (BESS) located in New Jersey [1] - The Montague facility will provide ancillary services on the merchant market to PJM [1] Energy Storage Portfolio - With the addition of Montague, Ormat now operates 290MW/658MWh of energy storage projects [2] - The company has several additional energy storage projects currently under construction [2] - Ormat aims to achieve a 950MW-1050MW/2.5GWh-2.9GWh energy storage portfolio capacity target by 2028 [2] - The Montague project increases Ormat's total capacity in the PJM market to 120MW/120MWh [6] Strategic Growth and Market Position - Ormat is strategically growing its Energy Storage segment in key U.S. markets [6] - The company is committed to establishing a leading position in the U.S. energy storage market [7] - Ormat has over five decades of experience in geothermal and recovered energy generation (REG) [7] - The company is vertically integrated in geothermal and REG, with plans to accelerate long-term growth in the energy storage market [7] Company Overview - Ormat Technologies is a leading geothermal company with a global presence [7] - The company owns, operates, designs, manufactures, and sells geothermal and REG power plants [7] - Ormat's power plants are based on the Ormat Energy Converter, which converts heat into electricity [7] - The company has a total generating portfolio of 1,520MW, including 1,230MW of geothermal and solar generation and 290MW of energy storage [7] - Ormat's geothermal and solar generation portfolio is spread globally across the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe [7] Financial and Operational Highlights - The Montague project is expected to be eligible for a 30% Investment Tax Credit [6] - Ormat's energy storage portfolio is located entirely in the U.S. [7] - The company has engineered, manufactured, and constructed power plants totaling approximately 3,400MW of gross capacity worldwide [7]