News / Ormat Technologies partners with Northleaf Capital Partners to invest in Power Plants

Ormat Technologies partners with Northleaf Capital Partners to invest in Power Plants

🕔 February 12, 2015
Climate Investor One fund achieves third close at US$535 million

Ormat Technologies, Inc. announced in early February that its wholly-owned subsidiary Ormat Nevada Inc. has entered into a binding agreement with infrastructure funds managed by Northleaf Capital Partners under which Ormat will contribute certain geothermal and recovered energy generation power plants into a newly established holding company subsidiary, and Northleaf will acquire an approximately 40% equity interest in the JV.

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