Ormat Technologies files $1 billion shelf

By Ted A. Knutson

Washington, Jan. 17 - Ormat Technologies, Inc. filed for a $1 billion debt and stock shelf in an S-3 registration with the Securities and Exchange Commission.

The shelf includes common stock, senior and subordinated debt securities and units and warrants. Securities may be offered in the form of convertibles.

The Sparks, Nev.-based geothermal energy company said proceeds from the offerings will be used for general corporate purposes.

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