Ormat Technologies to acquire U.S. Geothermal Inc.

U.S. Geothermal Inc. entered into a definitive merger agreement to be acquired by Ormat Technologies for $5.45 per share in an all-cash transaction. The deal is expected to close in Q2 2018.

“We are proud that Ormat, the industry leader in geothermal development, recognized our company's value and have confidence in their ability to successfully develop the US Geothermal asset base.”renewableenergymagazine.com

• 1 source
• renewableenergymagazine.comU.S. Geothermal Inc. to Be Acquired by Ormat TechnologiesDan McCueJan 30, 2018

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