Ormat Announces Pricing of Public Offering of Common Stock on Behalf of Stockholder Orix Corporation

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RENO, Nev., Dec.11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc.(NYSE:ORA) ("Ormat" or the "Company"), a leading geothermal and renewable energy technology company, announced today the pricing of an underwritten secondary offering of 3,700,000 shares of its common stock on behalf of ORIX Corporation.

Ormat is not offering any of its common stock in the offering for its own account and will not receive any proceeds from the sale of the shares being offered by the selling stockholder.Goldman Sachs & Co.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any ...

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Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United StatesGuadeloupeGuatemalaHondurasIndonesiaKenya

Topics: News ORA IPOs Press Releases

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Article Type: News Report

Published On: 2024-12-12 @ 04:19:59 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 698 words

Reading Time: 4 minutes read

Sentences: 23 lines

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Copyright Owner: © Benzinga

News ID: 24367923

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