Ormat makes top 20 list of Top Sustainable Business Stocks

Alexander Richter 23 Jun 2009

Ormat Technologies as one of the Top 20 Sustainable Business stocks of 2009 by and Progressive Investor.

In an interesting piece on Sustainable Business “Annual Sustainable Business Top 20 public companies”, the organization is looking into companies “that are leading the way to a sustainable economy.”

Ormat Technologies, listed on the New York Stock Exchange made it as the only geothermal player on that list.

The list is presented in the Progressive Investor newsletter, published by, which tracks and analyzes green stocks.

To choose the 20 companies, works with a group of judges, who are among the most respected green stock analysts in the world.

“Our goal is to create a list that showcases public companies that, even over the past most difficult year, have made substantial progress in either greening their internal operations or growing a business based on an important green technology,” says Rona Fried, Ph.D., CEO and Editor of Progressive Investor.

Judges select companies across the range of green business sectors – solar, wind, geothermal, smart grid, water, food, agriculture, green building and transport.”

Source: Sustainable Business via Marketwatch