Ormat Technologies
Lawrence Krogsdale is an experienced finance and operations professional with a strong background in corporate management. Currently serving as the Manager of Finance for Electric Operations at Ormat Technologies, Inc. since March 2023, Lawrence has previously held significant roles including Financial Controller at Wiefels & Son II and Vice President/Senior Vice President of Operations at Bumble Bee Foods, where corporate turnaround initiatives were successfully executed. Earlier experience includes a tenure as Senior Vice President at Merrill Lynch, focusing on business development and financial strategy, and General Manager/Director of Operations for H. J. Heinz in Northern Europe, overseeing multiple factories and managing a joint venture with the Seychelles government. Lawrence holds a Master's degree in Finance from USC Marshall School of Business and a Bachelor of Science in Chemistry and Math from the University of Oregon.
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Ormat Technologies
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With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal Company and the only vertically integrated Company engaged in geothermal and recovered energy generation (REG), with the objective of becoming a leading global provider of renewable energy. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. With 77 U.S. patents, Ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has 530 employees in the United States and 770 overseas. Ormat’s flexible, modular solutions for geothermal power and REG are ideal for the vast range of resource characteristics. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed to utilities and developers worldwide, totaling over 2,600 MW of gross capacity. Ormat’s current 851 MW generating portfolio is spread globally in the United States, Guatemala, Guadeloupe, Honduras, Indonesia and Kenya. In March 2017, Ormat expanded its operations to provide energy storage and energy management solutions by leveraging its core capabilities and global presence, as well as through its Viridity Energy Solutions Inc. subsidiary, a Philadelphia-based Company with nearly a decade of expertise and leadership in energy storage, demand response and energy management.