---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-018710"
form_type: "8-K"
ticker: "ORA"
cik: "0001296445"
company_name: "ORMAT TECHNOLOGIES, INC."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:18:45.025727+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ormat Q2 EPS $0.23, revenue $146.9M; raises 2021 revenue guidance; acquires two Nevada geothermal plants for $171M cash

## Summary
- Net income $13.0M ($0.23 diluted EPS) vs $23.0M ($0.45) in Q2 2020; Adjusted EBITDA $84.5M vs $97.9M.
- Electricity segment revenue $133.9M (+4% YoY); Product $7.4M (-83%); Energy Storage $5.6M (+124%).
- Acquired TG Geothermal Portfolio for $171M cash plus assumed debt ~$206M, adding 56MW Dixie Valley and 11.5MW Beowawe.
- Raises 2021 total revenue guidance to $650-685M; Adjusted EBITDA guidance $400-410M.
- Product backlog grew 59% to $59.1M; signed 15-year PPA with Clean Power Alliance.

## SEC filing metadata
- accession: 0001437749-21-018710
- form_type: 8-K
- ticker: ORA
- cik: 0001296445
- company_name: ORMAT TECHNOLOGIES, INC.
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1296445/000143774921018710/0001437749-21-018710-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1296445/000143774921018710/ora20210805_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-018710
- JSON: https://secwatch.observer/filing/0001437749-21-018710.json
- Plain text: https://secwatch.observer/filing/0001437749-21-018710.txt

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