Ben Callow
Analyst, Baird
Replay available
Ormat Technologies, Inc. (NYSE: ORA) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

Analyst, Baird
Chief Executive Officer
Analyst, Jefferies
Host, Alpha IR
Analyst, JP Morgan
Analyst, Roth Capital
Analyst, Oppenheimer
Chief Financial Officer
Good morning, and welcome to the ORMAT Technologies fourth quarter and full year 2025 earnings conference call. All participants will be in a listen-only mode. After today's presentation, there will be an opportunity to ask questions. If you would like to ask a question at that time, please press star then a number one on your telephone keypad to raise your hand and enter the queue. If you would like to withdraw your question at any time, simply press star one again. Please note, that this event is being recorded, and I would like to turn the conference over to Josh Carroll with Alpha IR. Please go ahead. Thank you, Operator. Hosting the call today are Dharam Bashar, Chief Executive Officer, Ozzie Ginsberg, Chief Financial Officer, and Samadar Lavie, Vice President of Investor Relations and ESG Planning Reporting. Before beginning, we would like to remind you that the information provided during this call may contain forward-looking statements relating to current expectations, estimates, forecasts, and projections about future events that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives, and expectations for future operations and are based on management's current estimates and projections, future results, or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, please see Risk Factors as described in ORMET Technologies and Report on Form 10-K and Core Reports on Form 10-Q that are filed with the SEC. In addition, during the call, the company will present non-GAAP financial measures such as adjusted EBITDA. Reconciliation to the mo...