Core Viewpoint - Aura Minerals Inc. has commenced production ramp-up at its Borborema Mine, expecting to achieve commercial production by Q3 2025, positioning it as a cornerstone asset for the company with significant economic potential in Brazil's mining sector [1][2]. Production and Economic Highlights - Borborema is projected to have an average annual production of 83,000 ounces of gold for the first three years, with 2025 production guidance set between 33,000 and 40,000 ounces [3]. - The mine is expected to deliver an after-tax internal rate of return (IRR) of 41.8% on an unleveraged basis and 81.4% with 50% leverage, based on a gold price of US$2,600 per ounce [2]. - The feasibility study indicates a total anticipated production of 748,000 ounces of gold over an 11.3-year life of mine (LOM), with over 2,000,000 contained ounces of gold in the Indicated Mineral Resource category [2][3]. Operational Efficiency and Community Impact - The Borborema project was built on time and on budget in just 19 months, with zero lost time incidents, showcasing the company's strategy of creating efficient and scalable projects [2]. - The mine employs approximately 2,184 personnel, with 68% hired from the local community, contributing to regional economic growth and encouraging entrepreneurship [3]. Environmental and Strategic Commitment - Borborema is positioned as a global ESG benchmark, utilizing innovations such as grey water from the nearby municipality and renewable energy, reflecting the company's commitment to responsible operations [2]. - The company aims to convert significant additional Indicated Mineral Resources into Mineral Reserves through the approval of a road relocation [3].

Group 1 - Orange filed its 2024 Universal Registration Document with the Autorité des Marchés Financiers (AMF) in France on 27 March 2025 [1] - The document includes the 2024 Annual Financial Report, the Report of the Board of Directors on Corporate Governance, the Sustainability Statement, and information on the next Combined Ordinary and Extraordinary Shareholders' Meeting scheduled for 21 May 2025 [4] Group 2 - Orange reported revenues of 40.3 billion euros in 2024 and employed 127,000 people worldwide as of 31 December 2024, with 71,000 employees in France [2] - The company had a total customer base of 291 million as of 31 December 2024, which includes 253 million mobile customers and 22 million fixed broadband customers [2] - Orange operates in 26 countries and is a leading provider of global IT and telecommunication services to multinational companies under the brand Orange Business [2] - The strategic plan "Lead the Future" was presented in February 2023, focusing on a new business model emphasizing responsibility and efficiency [2]

ROAD TOWN, British Virgin Islands, March 24, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) ("Aura Minerals" or the "Company") announces today that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice of intention to renew its normal course issuer bid (the "NCIB") for its issued and outstanding common shares (the "Common Shares") listed on the TSX. The Company is also announcing the concurrent renewal of its BDR buyback program (the "BDR Buyback Progra ...

Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of Clearway Energy (CWENA) and Ormat Technologies (ORA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Sty ...

7 March 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. ...

Investors with an interest in Alternative Energy - Other stocks have likely encountered both Clearway Energy (CWENA) and Ormat Technologies (ORA) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision ...

Investors with an interest in Alternative Energy - Other stocks have likely encountered both Clearway Energy (CWENA) and Ormat Technologies (ORA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate r ...

Core Viewpoint - Ormat Technologies Inc. reported strong fourth-quarter 2024 results, with adjusted earnings per share significantly exceeding expectations, although total revenues fell short of estimates due to declines in specific segments [1][3]. Financial Performance - Adjusted earnings per share for Q4 2024 were 72 cents, beating the Zacks Consensus Estimate of 47 cents by 53.2% and increasing 7.5% from 67 cents in the same quarter last year [1][2]. - GAAP earnings for the quarter were 67 cents per share, compared to 59 cents in the year-ago quarter [2]. - Total revenues for Q4 2024 were $230.7 million, missing the Zacks Consensus Estimate of $234 million and declining 4.4% year over year [3]. Segment Performance - Electricity segment revenues were $180.1 million, down 2.1% year over year, primarily due to a partial outage at the Dixie Valley power plant [4]. - Product segment revenues decreased 21.4% to $39.6 million compared to the previous year, attributed to the timing of revenue recognition [4]. - Energy segment revenues increased significantly by 56.7% to $11 million, driven by new capacity that began operations in 2024 [5]. Operational Metrics - Total operating expenses were $24.5 million, an 8.8% decrease from the previous year [6]. - Operating income declined 4.9% year over year to $49.1 million [6]. - Net interest expenses rose 33.8% year over year to $34.5 million [6]. Financial Condition - As of December 31, 2024, Ormat had cash and cash equivalents of $94.4 million, down from $195.8 million a year earlier [7]. 2025 Guidance - The company expects 2025 revenues to be in the range of $935-$975 million, with the Zacks Consensus Estimate at $961 million [8]. - Anticipated revenues for the Electricity segment are projected between $710-$725 million, while the Product segment is expected to generate $172-$187 million [8]. - The Energy Storage segment is forecasted to bring in revenues between $53 million and $63 million [8]. - Annual adjusted EBITDA is expected to be in the range of $563-$593 million [9].

Financial Data and Key Metrics Changes - Total revenues for 2024 were $879.7 million, marking growth of 6.1% year over year, while revenue for the fourth quarter was $230.7 million, down 4.4% year over year [13][14] - Adjusted EBITDA for the full year 2024 was $550.5 million, an increase of 14.3% compared to 2023, with fourth quarter adjusted EBITDA results at $145.5 million, an increase of 4.6% year over year [16][17] - Net income attributable to stockholders for the full year 2024 was $123.7 million or $2.04 per diluted share, compared to $124.4 million or $2.08 per diluted share in the previous year [15][16] Business Segment Data and Key Metrics Changes - Electricity segment revenue for the fourth quarter decreased by 2.1% to $180.1 million, while for the full year, electricity revenue increased by 5.3% to $702.3 million [18][19] - Product segment revenue declined by 21.4% to $39.6 million during the fourth quarter, but grew by 4.4% to $139.7 million for the full year [19] - Energy Storage segment revenue increased by 56.7% in the fourth quarter and by 30.6% to $37.7 million for the full year [19] Market Data and Key Metrics Changes - The gross margin for the Electricity segment was 34.9% in the fourth quarter and 34.6% for the full year, impacted by curtailments in the U.S. and Kenya [20] - Energy Storage segment reported gross margin of 9.5% and 10.9% during the fourth quarter and full year respectively, marking significant improvement [22] Company Strategy and Development Direction - The company aims to achieve a capacity CAGR of 14% to 16%, primarily driven by strong U.S. market demand for base load electricity [39] - The company is focusing on capturing demand through its Electricity and Storage segments, with plans to invest approximately $570 million in capital expenditures for 2025 [29][30] - The company is transitioning its Storage segment to a more predictable portfolio with stronger profitability, highlighted by new tolling agreements [38] Management's Comments on Operating Environment and Future Outlook - Management expects total revenue in 2025 to be negatively impacted by $10 million to $15 million in the U.S. due to ongoing curtailments [21] - The company anticipates growing demand for renewable energy to support AI data centers and the transition to a cleaner energy future [46] - Management expressed confidence in geothermal energy's role in the transition to a cleaner energy future, supported by favorable policy developments [45] Other Important Information - The company secured three new PPAs for its Boyan power plant in Guadeloupe and other projects in California, capturing significantly higher rates than current agreements [10] - The company has approximately $667.1 million of total available liquidity and plans to invest $355 million in the electricity segment for construction, exploration, drilling, and maintenance [29][30] Q&A Session Summary Question: Electricity generation expectations for the Electricity segment in 2025 - Management indicated that generation expectations for 2025 may see a modest increase, with potential for double-digit growth in 2026 as new projects come online [50][52] Question: CapEx guide and exploration activities - Management confirmed a doubling year-over-year of exploration and preliminary drilling activities, focusing on increasing exploration efforts to support future growth [57][58] Question: Safe harbor for geothermal projects - Management stated that they have safe harbored many projects not listed in their presentation, aiming to secure additional projects for 2029 [70][72] Question: Contribution from the New Zealand project contract - Management expects significant revenue contribution from the $210 million contract in New Zealand, with revenue spread across multiple years [73][75] Question: Energy Storage margins outlook - Management anticipates margins for the Energy Storage segment to be between 15% to 20% for the full year 2025, influenced by weather events and new projects [92][93] Question: MOU with SLB for geothermal assets - Management highlighted the importance of the MOU with SLB for developing geothermal projects, focusing on addressing technology challenges in Enhanced Geothermal Systems (EGS) [99][101]

Financial Data and Key Metrics Changes - Total revenues for 2024 were $879.7 million, marking growth of 6.1% year over year, while revenue for the fourth quarter was $230.7 million, down 4.4% year over year [13][14] - Adjusted EBITDA for the full year 2024 was $550.5 million, an increase of 14.3% compared to 2023, with fourth quarter adjusted EBITDA results at $145.5 million, an increase of 4.6% year over year [16][17] - Net income attributable to stockholders for the full year 2024 was $123.7 million or $2.04 per diluted share, compared to $124.4 million or $2.08 per diluted share in the previous year [15][16] Business Segment Data and Key Metrics Changes - Electricity segment revenue for the fourth quarter decreased by 2.1% to $180.1 million, while for the full year, it increased by 5.3% to $702.3 million [18][19] - Product segment revenue declined by 21.4% to $39.6 million during the fourth quarter, but grew by 4.4% to $139.7 million for the full year [19] - Energy Storage segment revenue increased by 56.7% in the fourth quarter and by 30.6% to $37.7 million for the full year [19] Market Data and Key Metrics Changes - The gross margin for the Electricity segment was 34.9% in the fourth quarter and 34.6% for the full year, impacted by curtailments in the U.S. and Kenya [20] - The Energy Storage segment reported gross margin of 9.5% and 10.9% during the fourth quarter and full year respectively, marking significant improvement [22] Company Strategy and Development Direction - The company aims to reach a portfolio capacity target of 2.6 to 2.8 gigawatts by the end of 2028, with a capacity CAGR of 14% to 16% driven by strong U.S. market demand [39][45] - The company is focusing on securing new PPAs and transitioning its Storage segment to a more predictable portfolio with stronger profitability [38][45] Management's Comments on Operating Environment and Future Outlook - Management expects total revenue in 2025 to be negatively impacted by $10 million to $15 million in the U.S. due to ongoing curtailments [21] - The company anticipates growing demand for renewable energy, particularly for AI data centers, and is confident in achieving improved project returns through higher PPA pricing [46][45] Other Important Information - The company plans to invest approximately $570 million in capital expenditures for 2025, with $355 million allocated to the electricity segment and $200 million for storage assets [29][30] - The company has approximately $667.1 million of total available liquidity as of the end of 2024 [29] Q&A Session Summary Question: How should we think about electricity generation expectations for the Electricity segment in the portfolio embedded in the '25 guide? - Management indicated that generation expectations for 2025 may see a modest increase, with potential for double-digit growth in 2026 as new projects come online [50][52] Question: Can you comment on the increase in exploration and preliminary drilling activities? - Management explained that they are focusing on increasing exploration activities and have changed their approach to drilling, which is expected to accelerate portfolio growth over the next few years [57][58] Question: What is the expected contribution from the $210 million contract for the New Zealand project in 2025? - Management stated that revenue from the New Zealand project will be spread across several years, with significant contributions expected in 2025 [73][75] Question: Can you provide an update on the MOU with SLB for developing geothermal assets? - Management highlighted the importance of the MOU, which aims to leverage SLB's drilling expertise and customer base to develop geothermal projects [99][101] Question: What is the margin outlook for the Energy Storage segment in 2025? - Management expects margins for the Energy Storage segment to be between 15% to 20% for the full year, with specific projects contributing to higher margins in certain quarters [92][93]