Ormat reports no major damage to power plant following volcanic eruption

Reno, Nev., June 1, 2010 — Ormat Technologies reported that following the May 28 volcanic eruption of Volcano De Pacaya in Guatemala, its 20 MW Amatitlan power plant was temporarily shut down to safeguard equipment.

The company reports there were no injuries to plant’s staff. Preliminary inspection shows no substantial equipment damage; however, the power plant will require a thorough clean up prior to restarting.

Lucien Bronicki chairman of Ormat said, “Our concern and thoughts are with the refugees and adjacent communities of San Francisco de Sales, San Jose Caldera, El Cedro, and El Bejucal. Many homes were damaged and many people in these communities were severely impacted by the eruption.”

The company is in the process of assessing how long it will take to clean the equipment and repair minor damage in order to bring the power plant back on line.

Ormat Technologies, is a company primarily engaged in the geothermal and recovered energy power business. The company designs, develops, owns and operates geothermal and recovered energy-based power plants around the world.



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