Ormat Enters Agreement To Acquire Contracted Operating Geothermal And Solar Assets In Nevada, Utah And Connecticut For $271M
Portfolio Pulse from Benzinga Newsdesk
Ormat Technologies has entered into an agreement to acquire contracted operating geothermal and solar assets in Nevada, Utah, and Connecticut for $271 million.
October 23, 2023 | 11:32 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ormat Technologies' acquisition of geothermal and solar assets could potentially increase its energy production capacity and revenue.
The acquisition of these assets could potentially increase Ormat's energy production capacity, which could lead to increased revenue. This could positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100