Ormat adding David Wagener to board, sets annual meeting

In Nevada, Ormat Technologies, Inc. has appointed David Wagener of Wagener Capital Management as a new independent member of the board of directors of the company. Wagener is to begin serving on April 1, 2010 to fill the vacancy resulting from the resignation of Jacob J. Worenklein from the board, effective March 31. Wagener will also serve as a member of the board nominating and corporate governance committee. He served as director of the public utility & telecommunications group in the investment banking division of Salomon Brothers, and Wagener was VP of the public utility group and co-head of the independent power group in the investment banking division of Goldman, Sachs & Co from 1980 to 1990. He has also served on the boards of directors of Centennial Power and Primary Energy. The company also set its annual meeting for Thursday, May 6, 2010 at 1:30 P.M. ET at the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, NY. A Notice of Internet Availability of Proxy Materials, including details of the meeting, are to be mailed to stockholders of record as of March 16, 2010.