The acquisition of these US-based operating geothermal and solar assets supports Ormat's strategic portfolio expansion goals. The acquisition is expected to close by the first quarter of 2024, subject to regulatory approvals and customary closing conditions. The acquired assets include: Cove Fort geothermal power plant ; Stillwater Hybrid geothermal and solar; Salt Wells geothermal power plant; Stillwater Solar PV II; Woods Hill Solar PV Park; Greenfield development projects. These acquired assets have collectively generated an annual revenue of approximately $35.0 million and an EBITDA1 of approximately $24.0 million for the years 2020-2022.