decarbonfuse Icons/logo

Article

Ormat to Acquire Contracted Operating Geothermal and Solar Assets in Nevada, Utah, and Connecticut for $271 Million

Description

Ormat Technologies (NYSE: ORA) will acquire a 150 MW portfolio, including geothermal and solar assets, from Enel Green Power North America (EGPNA) for $271 million, furthering its strategic expansion goals. The acquisition is anticipated to close by Q1 2024, pending regulatory approvals and customary conditions.

Other articles in the issue

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration