Ormat Technologies acquires Viridity Energy for $35M

Ormat Technologies has agreed to acquire Viridity Energy for US$35 million. The deal is expected to close later in 2017.

“Geothermal power and renewable energy developer Ormat Technologies has signalled its intent to join demand response and energy storage markets with the purchase of Viridity Energy.”energy-storage.news

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• energy-storage.newsGeothermal company Ormat buys Viridity Energy for US$35 million to enter storage market - Energy-Storage.NewsAndy ColthorpeJan 3, 2017

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