Ormat Technologies amends geothermal power contracts with 27% price increase
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Ormat Technologies Announces Signing of ‘Blend-and-Extend’ Amendment for CD4 Geothermal Power Plant
March 10, 2026 8:01 AM EDTAmended PPA Reflects ~27% Increase in Contract Pricing
Amended PPA Terms to Take Effect on October 1, 2026
RENO, Nev., March 10, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the Company or Ormat), a leading geothermal and renewable energy company, today announced the signing and approval of an amendments to the existing power purchase agreements (PPAs) with... More
