ORA
Ormat Technologies Secures $1 Billion in Upsized Convertible Note Offering to Fuel Global Renewable Expansion
RENO, Nev. — Ormat Technologies, Inc. (NYSE: ORA), a global leader in the geothermal and renewable energy sectors, has successfully priced and closed an upsized $875 million convertible senior note offering, which expanded to an aggregate principal of $1 billion following the full exercise of the initial purchasers' overallotment options.