Ormat Technologies, Inc. today announced financial results for the second quarter ended June 30, 2016.
Second Quarter Highlights and Recent Developments:
- Total revenues of $159.9 million, up 13.8% compared to the second quarter of 2015;
- Electricity generation increased 10.8% to 1.3 million MWh;
- Secured $36.0 million Supply & EPC Contracts for a geothermal power plant in New Zealand;
- Completed construction of the Veyo Recovered Energy Generation Project in Southern Utah for UAMPS; and
- Closed the acquisition of the Bouillante Geothermal Power Plant on the Island of Guadeloupe.
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