Puna Geothermal Venture

Ormat Technologies, Inc.

Ormat Technologies, Inc. (NYSE: ORA) is a global player in the development, manufacture, marketing and financing of innovative power systems. Ormat is a vertically-integrated company primarily engaged in geothermal and recovered energy power business. The company designs, develops, builds, owns and operates geothermal power plants and provides related services.

Ormat power plants generating more than 900 megawatts have been constructed in 23 countries, from California and Hawaii in the U.S. to Thailand, Iceland and New Zealand.

As of the end of 2006, Ormat operates a total of 410 MW and owns 386 MW in generating capacity in the United States and in the Philippines, Nicaragua, Kenya and Guatemala.

Ormat is the third largest geothermal producer in the United States.

For more information, visit www.ormat.com