Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-End 2015 Earnings Results

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RENO, Nev., Jan. 21, 2016 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. ORA plans to announce its fourth quarter and year-end 2015 earnings results in a press release that will be issued on Tuesday, February 23, 2016 after the market close. The Company has scheduled a conference call to discuss the results at 10 a.m. EST on Wednesday, February 24, 2016.

To participate, please dial 1-877-511-6790 approximately 10 minutes prior to the scheduled start of the call.  If calling from Canada, please dial 1-855-669-9657. If calling outside of the United States and Canada, please dial 1-412-902-4141. Please request the "Ormat Technologies, Inc. call" when prompted by the conference call operator. The conference call will also be webcast live from the Investor Relations section of the Company's website on www.ormat.com/investors.  

A replay will be available one hour after the end of the conference call. To access the replay, please dial 1-877-344-7529, or from outside of the United States 1-412-317-0088 and use the replay conference ID number 10077988. The webcast will also be archived on www.ormat.com/investors.

About Ormat Technologies

With over 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), with the objective of becoming a leading global provider of renewable energy. 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 2,000 MW of gross capacity. Ormat's current 666 MW generating portfolio is spread globally in the U.S., Guatemala and Kenya.                                                                   

Ormat's Safe Harbor Statement
Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat's plans, objectives and expectations for future operations and are based upon its management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 26, 2015.

These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Ormat Technologies Contact: Smadar Lavi Investor Relations 775-356-9029 (ext. 65726) slavi@ormat.com Investor Relations Agency Contact: Rob Fink/Brett Maas Hayden - IR 646-415-8972/646-536-7331 rob@haydenir.com / brett@haydenir.com

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