Ormat
PublicLast Round
Private Placement
May 27, 2025
Total Funding Raised
$1.18B
Company Overview
Ormat Nevada (Ormat Technology Subsidiary) is a renewable energy company that operates a portfolio of geothermal and recovered energy generation power plants.
Sector
Energy
AI Layer
Non-AI
Keywords
geothermal independent power producer (IPP)binary cycle geothermal power technologyrecovered energy generation (REG) systemsvertically integrated renewable energy providerbaseload renewable energy providerbattery energy storage systems (BESS)electricity sales via power purchase agreements (PPAs)waste heat to electricity systemslow-temperature geothermal energy conversiongeothermal power plant equipment manufacturingrenewable energy EPC servicesgrid services from energy storage
Ormat Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Ormat Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Private Placement | May 27, 2025 | ||||
| Convertible Debt | Jul 15, 2024 | ||||
| Debt | Jun 12, 2024 | ||||
| Convertible Debt | Jun 27, 2022 | ||||
| Private Placement | Nov 30, 2016 | ||||
Debt | Aug 27, 2012 |
Ormat Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Morgan Stanley Renewables Inc. | Private Placement |
| RBC Capital Markets | IPO |
| Wells Fargo Securities | IPO |
| Overseas Private Investment Corporation | Debt |
| Lehman Brothers | IPO |
| Deutsche Bank Securities | IPO |
Ormat Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Firmographic Details
HeadquartersReno, Nevada
Employee Range5
Year Founded1965
Last FundingMay 27, 2025