Ormat Technologies, Inc. /
150 MW portfolio
Ormat Technologies agrees to acquire renewable energy portfolio
What happened
Ormat Technologies, Inc. entered into an agreement to acquire a 150 MW portfolio of operating geothermal and solar assets and greenfield development assets from Enel Green Power North America, Inc.
The purchase price is $271 million. The acquisition is expected to close by the first quarter of 2024, subject to regulatory approvals and customary closing conditions.
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Ormat Technologies agrees to acquire renewable energy portfolio
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