Ormat Technologies Announces the Signing of Geothermal Portfolio PPA of Up to 150 MW to Support Google’s Data Center Operations Through NV Energy
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
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Source: GlobeNewswire
RENO, Nev., Feb. 17, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE:ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it has entered into a long-term geothermal Power Purchase Agreement (PPA) with NV Energy to support Google’s operations in Nevada with up to 150MW of new geothermal capacity. The PPA, which will cover a multi-project portfolio, is enabled through NV Energy’s Clean Transition Tariff (CTT) and is subject to approval by the Public Utilities Commission of Nevada (PUCN), expected in the second half of 2026. The agreement dually supports Ormat’s long-term growth strategy and trajectory, enabling the development of multiple new geothermal projects, which are expected to come online from 2028 to 2030. The agreement establishes a portfolio structure, allowing Ormat to develop a series of new geothermal projects across Nevada. These projects will be added to the portfolio as they reach commercial operation, begi
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News
- Earnings Preview: Ormat Technologies (ORA) Q4 Earnings Expected to Decline [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (NYSE:ORA) had its "neutral" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Ormat and Google strike geothermal power deal, Rivian downgraded [Yahoo! Finance]Yahoo! Finance
- Ormat and Google strike geothermal power deal, Rivian downgraded [Yahoo! Finance Canada]Yahoo! Finance Canada
- Ormat signs 150 MW geothermal power deal with NV Energy to supply Google in Nevada [Yahoo! Finance]Yahoo! Finance
ORA
Earnings
- 11/3/25 - Beat
ORA
Sec Filings
- 2/17/26 - Form 8-K
- 2/17/26 - Form SCHEDULE
- ORA's page on the SEC website