Orange Acquires Full Ownership of MasOrange for €4.25 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
0mins
Should l Buy ORA?
Source: Globenewswire
- Acquisition Confirmation: Orange has signed a binding agreement with Lorca to acquire the remaining 50% stake in MasOrange for €4.25 billion in cash, further solidifying its market leadership in Spain and expected to accelerate its strategic plan 'Lead the Future'.
- Enhanced Market Position: This acquisition will expand Orange's customer base in Spain, with MasOrange being the country's leading operator, thereby increasing Orange's competitive strength and long-term value creation potential.
- Financial Integration Plan: Upon closing, MasOrange will be fully consolidated into Orange's financial statements, with plans to refinance its debt to optimize financial structure, thus improving overall financial health.
- Strategic Commitment: This acquisition not only reflects Orange's long-term commitment to the Spanish market but also demonstrates confidence in MasOrange's management, aiming to create greater value for all stakeholders.
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Analyst Views on ORA
Wall Street analysts forecast ORA stock price to fall
8 Analyst Rating
6 Buy
2 Hold
0 Sell
Strong Buy
Current: 120.400
Low
111.00
Averages
120.00
High
135.00
Current: 120.400
Low
111.00
Averages
120.00
High
135.00
About ORA
Ormat Technologies, Inc. is a geothermal and vertically integrated company engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it owns or has installed for utilities and developers worldwide, totaling approximately 3,400 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Its Electricity segment develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world. Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Lack of Near-Term Catalysts: While Ormat's shares have performed strongly through 2025, the analyst sees few near-term catalysts to drive incremental upside, particularly as enhanced geothermal system technology remains hypothetical and execution lags behind 2028 capacity targets.
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- Development Rights: Upon successful completion of the pilot, Ormat will have the right to develop, build, own, and operate geothermal power plants and energy storage projects utilizing Sage's technology, thereby enhancing its market position in renewable energy.
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