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ORA

 
Hoover's Profile: Ormat Technologies, Inc.
(NYSE:ORA)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Ormat Technologies, Inc.
6225 Neil Road, Ste. 300
Reno, NV 89511-1136
NV Tel. 775-356-9029
Fax 775-356-9039

Type: Public
On the web: http://www.ormat.com
Employees: 1,069
Employee growth: 18.9%

Ormat Technologies is on an environmentally safe power trip. The company builds geothermal as well as recovered energy power plants. Geothermal technology extracts hot water or steam that is vaporized and used to drive turbines. The fluid is then cooled and recycled back through the process, making it a clean and renewable energy source. Recovered energy utilizes heat produced in other industrial processes. The company, set up by Israel-based Ormat Industries, also sells power units for both types of plants. Ormat operates geothermal plants (with a total of 410 MW of power) in Guatemala (2), Kenya, Nicaragua, and the US (7). The Bronicki family owns about 35% of the company.

Key numbers for fiscal year ending December, 2008:
Sales: $344.8M
One year growth: 16.5%
Net income: $49.8M
Income growth: 82.0%

Officers:
Chairman and CTO: Lucien Y. Bronicki
CEO and Director: Yehudit (Dita) Bronicki
President, COO, and Director: Yoram Bronicki

Competitors:
Calpine
Enel
Siemens AG

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ORA or Ora may refer to:

ORA

Ora

places
other uses
  • Ora (currency), used in Orania, Northern Cape
  • Ora serrata, serrated junction between the retina and the ciliary body
  • Komodo Dragon (Varanus komodoensis), Ora in the native language of Komodo
  • File extension for some Oracle RDBMS files, such as tnsnames.ora or sqlnet.ora

 
 

 

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