Ormat Enters Energy Storage Markets Via Akquisition

Reno - Ormat Technologies, Inc. announced that it has entered into a definitive agreement to acquire substantially all of the business and assets of Viridity Energy, Inc., a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage.

The acquisition, which is expected to close early 2017, will mark Ormat

Source: IWR Online, 05 Jan 2017