Ormat Technologies, Inc. Files Universal Shelf Registration Statement
17 Janeiro 2006 - 8:04PM
PR Newswire (US)
SPARKS, Nev., Jan. 17 /PRNewswire-FirstCall/ -- Ormat Technologies,
Inc., (NYSE:ORA) announced today that it has filed a universal
shelf registration statement on Form S-3 with the Securities and
Exchange Commission ("SEC"). The shelf registration statement, when
declared effective by the SEC, will provide Ormat Technologies the
opportunity to issue various types of securities, including debt
securities, common stock, warrants and units of Ormat Technologies,
from time to time, in one or more offerings up to a total dollar
amount of $1 billion. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO ) The
shelf registration statement has been filed with the SEC but has
not yet become effective. These securities may not be sold, nor may
offers to buy be accepted, prior to the time that the shelf
registration statement is declared effective. Following the
effectiveness of the shelf registration statement, Ormat
Technologies may periodically offer one or more of the registered
securities in amounts, at prices, and on terms to be announced
when, and if, the securities are offered. At the time any offering
is made under the shelf registration statement, the offering
specifics will be set out in a prospectus supplement. When
available, a prospectus and prospectus supplement relating to any
securities may be obtained from Ormat Technologies, Inc., 980 Greg
Street, Sparks, Nevada 89431. Proceeds from the sale of securities
registered would be used for various purposes including Ormat
Technologies' general corporate purposes and those of its
consolidated subsidiaries. This press release does not constitute
an offer to sell or the solicitation of an offer to buy, nor shall
there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful, prior to
registration or qualification under the securities laws of such
jurisdiction. About Ormat Technologies Ormat Technologies, Inc. is
a vertically integrated company primarily engaged in the geothermal
and recovered energy power business. The Company designs, develops,
builds, owns and operates geothermal power plants. It also designs,
develops and builds, and plans to own and operate, recovered
energy-based power plants. Additionally, the Company designs,
manufactures and sells geothermal and recovered energy power units
and other power generating equipment, and provides related
services. The Company's products and systems are covered by more
than 70 patents. Ormat Technologies currently has operations in the
United States, Israel, the Philippines, Guatemala, Kenya, and
Nicaragua. For more information, please visit the Company's website
at http://www.ormat.com/. 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 the Company'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 the Company's 10-K/A filed with the Securities and
Exchange Commission on April 12, 2005 and Form S-3 filed with the
Securities and Exchange Commission on January 17, 2006. 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: Investor Relations
Contact Dita Bronicki Jeff Corbin/Todd Fromer CEO and President
KCSA Worldwide +1-775-356-9029 212-896-1214/212-896-1215 / First
Call Analyst: FCMN Contact:
http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO
http://photoarchive.ap.org/ DATASOURCE: Ormat Technologies, Inc.
CONTACT: Dita Bronicki, CEO and President of Ormat Technologies,
+1-775-356-9029, ; or Investor Relations, Jeff Corbin,
+1-212-896-1214, , or Todd Fromer, +1-212-896-1215, , both of KCSA
Worldwide, for Ormat Technologies, Inc. Web site:
http://www.ormat.com/
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