Ormat Technologies Inc (WBO:ORAT)

€ 78.1 0.98 (1.27%) Market Cap: 4.69 Bil Enterprise Value: 6.90 Bil PE Ratio: 41.69 PB Ratio: 2.07 GF Score: 60/100

Ormat Technologies Inc at JPMorgan Energy Conference Transcript

Jun 19, 2019 / 05:15PM GMT

Transcript

Mark Wesley Strouse

JP Morgan Chase & Co, Research Division - Alternative Energy and Applied & Emerging Technologies Analyst

Mark Strouse, I cover alternative energy here at JPMorgan with Paul Coster. Very happy to have the CFO of Ormat Technologies with us today.

Doron, thank you very much for coming. Welcome.

Doron Blachar

Ormat Technologies, Inc. - CFO

Okay. Thank you, everybody, for coming and listening. We'll start the presentation and we'll leave some time for questions afterwards.

Start with the safe harbor, of course. And if you want to see Ormat in one slide, so we are the market leader in the geothermal energy. We are operating for more than 50 years. We own and operate 910 megawatts globally, about 1,400 employees worldwide, $720 million of revenue last year and about $368 million of adjusted EBITDA.

The last 12 months were very good. We focused on our 4 initiatives -- strategic initiatives, starting with the new activities, which is mainly the energy storage part where we commissioned earlier this year 2

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