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Ormat Announces Investor & Analyst Day March 31, 2015 in New York City

RENO, Nev., March 18, 2015 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA) (the "Company"), today announced the Company will conduct an Investor Day, from 9 a.m. to 12:30 p.m. (ET) on Tuesday, March 31, 2015 in New York City.

Isaac Angel, Ormat's Chief Executive Officer, will lead the discussion around the Company's key strategies and market opportunity. Ormat's team including, Doron Blachar, Chief Financial Officer, Zvi Krieger, Executive Vice President - Electricity Segment, Bob Sullivan - Executive Vice President Business Development, Sales and Marketing and Patrick Walsh - Chief Geologist will also present and be available for a question and answer session.

Mr. Jamie Storrow, Managing Director of Northleaf Capital Partners will present at the event and provide his view on the recently announced equity transaction.

The live webcast and the presentation materials will be available at www.ormat.com under Events & Presentations in the Investor Relations section of Ormat's website.

About Ormat Technologies, Inc.

With five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company solely engaged in geothermal and recovered energy generation (REG). The company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter - a power generation unit that converts low-, medium- and high-temperature heat into electricity. With 69 U.S. patents, Ormat's power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has 470 employees in the United States and over 600 overseas. Ormat's flexible, modular solutions for geothermal power and REG are ideal for the vast range of resource characteristics. The company has engineered, manufactured and constructed power plants, which it currently owns or has installed to utilities and developers worldwide, totaling over 1,900 MW of gross capacity. Ormat's current 647 MW generating portfolio is spread globally in the U.S., Guatemala and Kenya.

CONTACT: Ormat Technologies Contact: Smadar Lavi Investor Relations 775-356-9029 slavi@ormat.com Investor Relations Agency Contact: Miri Segal/Brett Maas MS/Hayden - IR 917-607-8654/646-536-7331 msegal@ms-ir.com/ brett@haydenir.com

Source:Ormat Technologies, Inc.