Ormat Technologies, Inc. (NYSE:ORA) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET

Company Participants

Josh Carroll - Alpha IR Group, IR
Doron Blachar - CEO
Assi Ginzburg - CFO

Conference Call Participants

Noah Kaye - Oppenheimer
Justin Clare - Roth MKM
Derek Podhaizer - Barclays
Jon Windham - UBS Financial
Ryan Levine - Citi
Julien Dumoulin Smith - Jefferies
Jeff Osborne - TD Cowen

Operator

Good morning and welcome to the Ormat Technologies Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode. After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note that this event is being recorded.

I would now like to turn the conference over to Josh Carroll with Alpha IR. Please go ahead.

Josh Carroll

Thank you, Operator. Hosting the call today are Doron Blachar, Chief Executive Officer, Assi Ginzburg, Chief Financial Officer, and Smadar Lavi, Vice President of Investor Relations and ESG planning reporting. Before beginning, we would like to remind you that the information provided during this call may contain forward-looking statements relating to the current expectations, estimates, forecasts, and projections about future events that are forward-looking as defined in the Private Security Litigation Reform Act 1995.

These forward-looking statements generally relate to the company's plans, objectives, and expectations for future operations and are based on management's current estimates and projections, future results, or trends. Actual future results may differ materially from those projected as a result of certain risk and uncertainties. For discussion of such risk and uncertainties, please see risk factors as described in Ormat Technologies Annual Report on Form 10-K and core reports on Form 10-Q that are filed with the SEC.

In addition, during the call, the company will present non-GAAP financial measures such as adjusted EBITDA, reconciliation to the most directly comparable GAAP measures, and management reasons for presenting such information to set forth in the press release that was issued last night, as well as in the slides posted on the website. Because these measures are not calculated in accordance with GAAP, they should not be considered in isolation from the financial statements prepared in accordance with GAAP.

Before I turn the call over to management, I would like to remind everyone that a slide presentation accompanying this call may be accessed on the company's website at Ormat.com under the presentation link that's found on the Investor Relations tab. With all that said, I would now like to turn the call over to Doron Blachar. Doron, the call is yours.