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Ormat Technologies, Inc. To Host Conference Call Announcing Fourth Quarter and Year End 2022 Financial Results

RENO, Nev., Jan. 25, 2023 (GLOBE NEWSWIRE) — Ormat Technologies Inc. ORA, a leading geothermal, energy storage, solar PV and recovered energy power company, today announced that it plans to publish its fourth quarter and full year 2022 financial results in a press release that will be issued on Wednesday, February 22, 2023, 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 23, 2023.

Participants within the United States and Canada, please dial 1-888-770-2286, approximately 15 minutes prior to the scheduled start of the call. If you are calling outside of the United States and Canada, please dial +1-646-960-0440. Access code for the call is 9122486. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be accompanied by a webcast live on the Investor Relations section of the Company’s website.

A replay will be available one hour after the end of the conference call. To access the replay within the United States and Canada, please dial 1-800-770-2030. From outside of the United States and Canada, please dial +1-647-362-9199. Please use the replay access code 9122486. The webcast will also be archived on the Investor Relations section of the Company’s website.        

ABOUT ORMAT TECHNOLOGIES

With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures, and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured, and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,200 MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1.17 GW, with a 1,085 MW geothermal and Solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe and an 88 MW energy storage portfolio that is located in the U.S.

Ormat Technologies Contact:

Smadar Lavi

VP, Head of IR and ESG Planning & Reporting

775-356-9029 (ext. 65726)

slavi@ormat.com

Investor Relations Agency Contact:

Sam Cohen or Joseph Caminiti

Alpha IR Group

312-445-2870

ORA@alpha-ir.com


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