Ormat Expands Energy Storage Presence, Acquires a Shovel-Ready Project in Upton County, Texas
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Ormat Expands Energy Storage Presence, Acquires a Shovel-Ready Project in Upton County, Texas Ormat Technologies, Inc.December 16, 2020 GMT RENO, Nev., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it has completed the acquisition of a shovel-ready energy storage asset in Upton County, Texas. Ormat acquired the asset from Con Edison Development. Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate a 25 MW...