# 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.

- Type: Acquisition
- Announced: 2018-01-30
- Where: United States
- Status: announced
- Products: geothermal power projects
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ormat Technologies](https://endata.com/companies/14852.md) (acquirer)
- [U.S. Geothermal](https://endata.com/companies/29688.md) (target)

## Sources

- [renewableenergymagazine.com](https://www.renewableenergymagazine.com/geothermal/u-s-geothermal-inc-to-be-acquired-20180130), 2018-01-30: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.