Ormat Technologies
Nir Yahav has a diverse work experience, starting in 2001 as the General Manager at City Conference. In 2004, they became the Managing Partner at Bizcom, where they worked until 2007. Since then, they have been working at Ormat Technologies, Inc. In their tenure at Ormat, they have held various positions such as Director of Project Finance, Senior Director of Finance Operations, Vice President of Finance for the Electricity Segment, and currently serves as the Vice President of Corporate Finance and Head of M&A, Corporate Finance, and Insurance. Their responsibilities at Ormat have included overseeing project financing transactions, acquisitions of renewable energy assets, tax equity partnerships, and raising non-recourse debt.
Nir Yahav holds an MBA degree in Finance from The Hebrew University of Jerusalem.
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.