FIMI Opportunity Funds and Bronicki Investments have announced intentions to sell their combined 21% stake in Ormat Technologies.

FIMI Opportunity Funds is a private equity firm based in Israel, holding a 14% stake in the target company, whereas Bronicki Investments holds a 7% stake.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Based in the US, Ormat focuses on geothermal and recovered energy generation.

"The AES Corporation and Alberta Investment Management have agreed to acquire FTP Power."

The AES Corporation and Alberta Investment Management have agreed to acquire FTP Power (sPower), a Fir Tree Partners portfolio company that owns and operates 1,274MW of solar and windpower projects and has a further 10,000MW in the development pipeline.

The consideration for the acquisition is $853m, which will be paid to Fir Tree Partners and its minority owners.

All the companies involved in the transaction are based in the US.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.