Ormat says that net income rose primarily due to engineering, procurement and construction contracts to build two large geothermal projects, and higher electricity sales.
"These excellent results reflect the strong fundamentals of our development and enhancement activities as well as customer support for our proven technology,” says Dita Bronicki, chief executive of Ormat. “Our already strong capital base positions us well for the future as we continue to invest in our growth.”
Ormat
