M&A Deal Summary
|Deal Type||Add-on Acquisition|
|Deal Value||110M USD|
|Advisor(s)||ROTH Capital Partners LLC (Financial)
Dorsey & Whitney LLP (Legal)
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|Revenue||734M USD (2022)|
Ormat Technologies owns, operates, designs, manufactures and sells geothermal and REG power plants. Ormat Technologies was founded in 1965 and is based in Reno, Nevada.
|Overall||3 of 4|
|Sector (Utilities)||1 of 1|
|Type (Add-on Acquisition)||2 of 2|
|State (Idaho)||1 of 1|
|Country (United States)||3 of 4|
|Year (2018)||1 of 1|
|Size (of disclosed)||2 of 3|
Philadelphia, Pennsylvania, United States
Viridity Energy, Inc. is a provider of software solutions for energy profiles in US.
Terra-Gen Power - Two Contracted Geothermal Assets
Nevada, United States
Terra-Gen Power's Two Contracted Geothermal Assets provides 56 MW (net) Dixie Valley geothermal power plant, one of the largest geothermal power plants in Nevada. Dixie sells its electricity generation to Southern California Edison (SCE) under a long term PPA expiring in 2038 and 11.5 MW Beowawe geothermal power plant that sells its electricity generation to NV Power, Inc. under a PPA expiring in December 2025.