---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-020416"
form_type: "8-K"
ticker: "ORA"
cik: "0001296445"
company_name: "ORMAT TECHNOLOGIES, INC."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:12:14.106422+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ormat Technologies prices public offering of 3.6M shares at $82.60, net proceeds ~$297M

## Summary
- 3,600,000 shares offered at $82.60; underwriters have 30-day option for 540,000 additional shares.
- Estimated net proceeds ~$297.1M ($341.7M if option fully exercised) after discounts and expenses.
- Goldman Sachs & Co. LLC is sole underwriter; closing expected March 16, 2023.
- Offering made under existing shelf registration; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0001213900-23-020416
- form_type: 8-K
- ticker: ORA
- cik: 0001296445
- company_name: ORMAT TECHNOLOGIES, INC.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1296445/000121390023020416/0001213900-23-020416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1296445/000121390023020416/ea175269-8k_ormattech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-020416
- JSON: https://secwatch.observer/filing/0001213900-23-020416.json
- Plain text: https://secwatch.observer/filing/0001213900-23-020416.txt

## Key facts
- Material Agreements
  ORMAT TECHNOLOGIES, INC. entered into Underwriting Agreement with Goldman Sachs & Co. LLC valued at 3,600,000 shares at $82.60 per share with an option for up to an additional 540,000 shares (effective 2023-03-14).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Goldman Sachs & Co. LLC
  - Value: 3,600,000 shares at $82.60 per share with an option for up to an additional 540,000 shares
  - Effective: 2023-03-14
  source text: On March 14, 2023, Ormat Technologies, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, as the sole underwriter (the “Underwriter”), in connection with a public offering (the “Offering”), pursuant to which the Company agreed to issue and sell 3,600,000 shares (the “Base Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), and the Underwriter agreed to purchase the Base Shares at a price of $82.60 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1296445/000121390023020416/0001213900-23-020416-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.