trending Market Intelligence /marketintelligence/en/news-insights/trending/1gc_sgscr_zpjbxfzjpfmq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Ormat secures $100M debt financing to fund growth plans

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico


Ormat secures $100M debt financing to fund growth plans

Ormat Technologies Inc. on March 27 said it closed a $100 million debt financing with affiliates of Migdal Insurance Co. Ltd. to help fund its growth plans.

The Migdal affiliates will provide Ormat a $100 million senior unsecured loan, bearing a fixed rate interest of 4.8% per annum. The loan is payable in 15 semiannual payments of $4.2 million each, starting Sept. 15, 2021, with a final payment of $37 million on March 15, 2029.

The loan has an average duration of seven years.

Israel-based Migdal is an insurance company and institutional investor.