Ormat switches on 42 MW geothermal plant in Costa Rica

Reno, Nev., August 3, 2011 — Ormat Technologies, Inc. announces that a second Ormat designed and manufactured geothermal power plant was inaugurated last week in Las Pailas, Costa Rica.

Under a contract with Banco Centroamericano de Integracion Economica, Ormat supplied all the power equipment, supervised the installation and conducted the testing and start-up of the 42 MW power plant.

The field development and the construction were executed by the Instituto Constarricense de Electricidad, the Costa Rican National Electricity and Telecommunications Co., which will operate the plant.

The inauguration by BCIE and ICE was attended by H.E Laura Chinchilla Miranda President of Costa Rica, Teofilo de La Torre, former Minister of Energy and recently nominated Executive President of ICE — Costa Rica's national power utility company, other members of the government, Nick Rischbieth President of BCIE and many distinguished dignitaries.

The Las Pailas is the second geothermal power plant supplied to Costa Rica using Ormat Binary Technology.

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