About Ormat
Ormat is a publicly listed company based in United States founded in 1965. Geothermal power generators and equipment are manufactured by Ormat. The company has 1,510 employees. Ormat has completed 2 acquisitions, including USGeothermal and Viridity Energy. Its website ormat.com draws about 38 thousand monthly visits. Ormat offers products and services including Potatoes and Grain Marketing. Its focus areas include Energy, Geothermal Energy, Equipment Manufacturer and Power Generation. Its legal entity is Maine Potato Growers, Inc.
Company details
Ormat was founded in 1965 in the United States, where operations in the renewable energy sector have been established. Geothermal power generation equipment and systems are developed and produced by the company for global deployment. Services include engineering, construction, and maintenance of power plants, with a focus on sustainable energy solutions across various geographies. The domain ormat.com serves as the primary online presence for these activities.
- Annual Revenue$989.54 M (USD)12.49as on Dec 31, 2025
- Net Profit$123.9 M (USD)0.13as on Dec 31, 2025
- EBITDA$486.36 M (USD)7.07as on Dec 31, 2025
- Latest Funding Round$375M (USD), Post-IPO
Jun 2022
- InvestorsNorthleaf
& 3 more
- Employee Count1,510
- Investments & AcquisitionsUSGeothermal
& 1 more
Products & Services of Ormat
Ormat offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial uses by Maine Potato Growers.
Grains are promoted and distributed from farms by Maine Potato Growers.
Funding Insights of Ormat
- Total Rounds 15
- Last Round Post-IPO — $375M
- First Round $2.31M
(Sep 2005)
- Investors Count 4
Latest 10 of 15 funding rounds of Ormat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $375M | Post-IPO | – | – | – |
| Jul 2017 | $630M | Post-IPO | – | – | |
| Nov 2016 | $92M | Debt – Conventional | – | – | – |
| Apr 2015 | $162.3M | Post-IPO | – | – | |
| May 2012 | Post-IPO | – | – | ||
| Sep 2011 | Post-IPO | – | – | ||
| Sep 2010 | $2.31M | Grant | – | – | |
| Sep 2010 | $4.23M | Grant | – | – | |
| Sep 2010 | $108.2M | Grant | – | – | – |
| Jan 2010 | $473,784 | Grant | – | – |
4 investors in total: 4 institutional.
Investors in Ormat
Ormat has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Northleaf, ORIX and FIMI Opportunity Funds.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private fund focused on equity, secondary market, fund of funds, and multiple investments | 2009 | northleafcapital.com | Toronto, Canada | |
Growth equity is provided to industrial sector companies by FIMI. | fimi.co.il | Tel Aviv, Israel | ||
Provider of financial services | 1964 | orix.co.jp | Tokyo, Japan | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States |
Investor details for Ormat
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ormat
168 people are tracked at Ormat (41 in leadership, 8 in board & advisors, 119 in team); the tracked headcount is 1,510.
| Name | Role | Group |
|---|---|---|
Doron Blachar | CEO | Leadership |
Avishay Oz | Director Of Finance • Energy Storage & Solutions | Leadership |
Yehiel Viner | Vice President Of Technical Services | Leadership |
Assi Ginzburg | CFO | Leadership |
Jessica Woelfel | General Counsel, Chief Compliance Officer, & Corporate Secretary | Leadership |
Oren Ram | Head Of Engineering-production Activities | Leadership |
Kent Johnson | Director Of Global Tax Reporting | Leadership |
Liat Korem | Tax Director | Leadership |
David Stripling | Senior Director- Origination And Market Development | Leadership |
Roy Magen | Director, Global Infrastructure & Cyber Security | Leadership |
Rami Shavit | Director Sales, Marketing & Business Development | Leadership |
Michael Jungreis | Director Of Business Development | Leadership |
Nachman Isaac | Vice President Project Finance | Leadership |
Marcy Nesemeier | Lead HR Business Partner | Leadership |
Nir Yahav | Managing Director | Leadership |
Laura Jacobsen | Vice President, US Legal | Leadership |
Chanse Dennis | Vice President Finance - Electricity Segment | Leadership |
Tomas Fever | Director Of Electrical And Control Engineering | Leadership |
Vicky Sertic | Vp, Human Resources | Leadership |
Raphael Swerdlow | Director Of Business Development | Leadership |
148 more people are available in the full profile.
Complete people profiles for Ormat
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Ormat
Ormat is a publicly listed company on the NYSE with ticker symbol ORA in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Nov 2004
- Listed onNYSE: ORA
- Listed entityOrmat Technologies, Inc.
- Exchange sectorUtilities
- ISINUS6866881021
- Share price$91.03 (-0.72% on the day) · 2026-10-13
- Market capitalisation$5.60B
- Price to earnings44.6
- EPS (diluted, trailing year)$2.04
- Dividend yield0.52%
- Volume (last session)1,056,927
Financials of Ormat
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $989.5M | $123.9M | $486.4M |
| 2024 | $879.6M | $123.7M | $454.2M |
| 2023 | $829.4M | $124.4M | $402.5M |
| 2022 | $734.2M | $65.8M | $391.0M |
| 2021 | $663.1M | $62.1M | $353.4M |
Detailed financial statements for Ormat
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Ormat
Ormat has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include USGeothermal and Viridity Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Corrugated boxes and packaging solutions are manufactured for diverse needs. | usgeothermal.com | Boise, United States | 2000 | Jan 2018 | $110M | |
Demand side management by online software | viridityenergy.com | Philadelphia, United States | 2008 | Jan 2017 | •••• |
Complete acquisition details for Ormat
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Ormat
6 dated milestones of Ormat across 57 years, from founding to its latest funding, stage changes and deals.
- Founded Ormat is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $2.3M.
- Acquisition Acquires Viridity Energy.
- Acquisition Acquires USGeothermal.
- Funding Latest funding round, Post-IPO, of $375.0M.
Web traffic of Ormat
The website of Ormat (ormat.com) receives about 38.2K visits a month and ranks #581,794 among all websites worldwide, #8,447 in Energy Industry.
- Monthly visits38.2K
▼ 12.4% vs previous month
- Unique visitors17.4K
per month
- Global rank#581,794
among all websites
- Category rank#8,447
Heavy Industry and Engineering · Energy Industry
- Bounce rate22%
- Pages per visit4.2
- Average visit6 min 00 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with Ormat. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
turboden.eu | turboden.eu | 100% | – | ||
| geo-energy.org | 98% | View details | |||
| usgeothermal.com | 98% | View details | |||
 geothermalresourcescouncil.blogspot.com | geothermalresourcescouncil.blogspot.com | 84% | – | ||
| calpine.com | 84% | 13.8K | #1,908,870 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Ormat
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Ormat (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ormat
Complete news archive for Ormat
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ormat
Ormat was founded in 1965 and raised its 1st funding round 40 years after it was founded.
Ormat is headquartered in United States.
Ormat has 1,510 employees.
Annual revenue of Ormat is $989.54M as on Dec 31, 2025.
Ormat was founded in 1965 in the United States, where operations in the renewable energy sector have been established. Geothermal power generation equipment and systems are developed and produced by the company for global deployment. Services include engineering, construction, and maintenance of power plants, with a focus on sustainable energy solutions across various geographies. The domain ormat.com serves as the primary online presence for these activities.
Ormat offers Potatoes and Grain Marketing.
Yes, Ormat is publicly traded on NYSE under the ticker symbol ORA.
Ormat has made 2 acquisitions, including USGeothermal, and Viridity Energy.
Ormat has 4 investors. Key investors include Northleaf, ORIX, FIMI Opportunity Funds, and OSTI.GOV.
Ormat operates through Maine Potato Growers, Inc.