Ormat Technologies Secures $62 Million Hybrid Tax Equity Funding

The projects are expected to reach commercial operation by the end of 2025

May 29, 2025

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Ormat Technologies, a geothermal and renewable energy company, has entered into a $62 million hybrid tax equity partnership with Morgan Stanley Renewables. The funding will be used for the development of solar and energy storage projects in the U.S.

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