Sarulla Consortium Signs $1.17 Billion Financing Agreements for 330 MW Sarulla Geothermal Project in Indonesia

RENO, Nev., March 28, 2014-- Ormat Technologies, Inc. announced today that members of the Sarulla Consortium comprising of Medco, Itochu, Kyushu and Ormat signed $1.17 billion project financing agreements to finance the development and construction of the 330- megawatt Sarulla geothermal project in Tapanuli Utara, North Sumatra in Indonesia.