Ormat Technologies, Inc.

Good morning and welcome to the ORMAT Technologies second quarter 2023 earnings conference call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, please press star, followed by the number one on your telephone keypad. If you would like to withdraw your question, press star once again. Please note, this event is being recorded. I would now like to turn the conference over to Alex Steinberg with Alpha IR. Please go ahead.

Thank you, operator. Hosting the call today are Duran Bashar, Chief Executive Officer, Ozzie Ginsberg, Chief Financial Officer, and Smidhar Lavie, Vice President of Investor Relations and ESG Planning and Reporting. Before beginning, We'd like to remind you that the information provided during this call may contain forward-looking statements relating to current expectations, estimates, forecasts, and projections about future events that are forward-looking as defined in the Private Security Litigation Reform Act of 1995. These forward-looking statements generally relate to the company's plans, objectives, and expectations for future operations. and are based on management's current estimates and projections, future results, or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, please see risk factors as described in VORMAC Technologies' annual reports on Form 10-K and quarterly reports on Form 10-Q that are filed with the SEC. In addition, during the call, the company will present non-GAAP financial measures such as adjusted EBITDA. Reconciliation is the most directly comparable GAAP measures, and management reasons for presenting such information is set forth in the press release that was issued last night, as well as in the slides posted on the website. Because these measures are not calculated in accordance with GAAP, they should not be considered in isolation from the financial statements prepared in accordance with GAAP. Before I turn the call over to management, I'd like to remind everyone that a slide presentation accompanying this call may be accessed on the company's website at ORMAT.com under the presentation link that's found in the investor relations tab. With all that said, I would now like to turn the call over to Duran Bashar.

Duran, the call is all yours.