The stock is listed on the NYSE and Tel Aviv Stock Exchange

Davis Polk advised the sole book-running manager and underwriter in connection with the $282 million follow-on public offering of 3,700,000 shares of Ormat Technologies, Inc.’s common stock by a selling stockholder. The common stock is listed on the New York Stock Exchange and the Tel Aviv Stock Exchange under the symbol “ORA.”

Ormat is a leading vertically integrated company that is primarily engaged in the geothermal energy power business. Ormat leverages its core capabilities and global presence to expand its activity in recovered energy generation and into different energy storage services and solar PV (including hybrid geothermal and solar PV as well as Solar plus Energy Storage).

The Davis Polk corporate team included partner Yasin Keshvargar and associates Benjamin Guillon and Maddie White. Partner Aliza Slansky and associate Charles Collier provided tax advice. Partner Pritesh P. Shah and associate Francesca Masella provided intellectual property advice. Counsel David A. Zilberberg and associate Shefain Islam provided environmental advice. All members of the Davis Polk team are based in the New York office.

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