As per the term sheet, Ormat Technologies will provide equipment for the geothermal project.

The work includes the installation of two large Ormat binary turbo generators and all associated above-ground plant equipment including, well field pumps, pipelines, cooling towers, electric interconnection equipment and transmission equipment.

The ground construction of the project will be completed within 24 months from the issuance of the notice to proceed.

Ormat Technologies is a vertically integrated company primarily engaged in the geothermal and recovered energy power business.