v3.25.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
CURRENT ASSETS:      
Cash and cash equivalents $ 70,614,000 $ 26,647,000 $ 26,647,000
Restricted Cash and Cash Equivalent 5,000   5,000
Accounts Receivable, after Allowance for Credit Loss, Current 317,288,000 313,078,000  
Accounts Receivable, Allowance for Credit Loss, Current 23,057,000 29,798,000 7,021,000
Inventory, Net 91,297,000 99,935,000  
Regulatory assets 146,665,000 134,328,000  
Income Taxes Receivable, Current 12,485,000 9,401,000  
Derivative Asset 4,304,000 1,526,000  
Other Assets, Current 34,898,000 24,561,000  
Total current assets 722,774,000 609,476,000  
UTILITY PLANT:      
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 3,191,414 3,071,167  
Property, plant and equipment, net of accumulated depreciation of $3,191,414 and $3,071,167, respectively 5,630,695,000 5,461,243,000  
Other Assets, Noncurrent [Abstract]      
Intangible Assets, Net (Excluding Goodwill) 288,100,000 232,210,000  
Regulatory assets 614,043,000 619,029,000  
Assets for Plan Benefits, Defined Benefit Plan 24,545,000 24,941,000  
Other Assets, Miscellaneous, Noncurrent 210,470,000 192,126,000  
Total other non-current assets 6,767,853,000 6,529,549,000  
TOTAL ASSETS 7,490,627,000 7,139,025,000 7,139,025,000
CURRENT LIABILITIES:      
Debt, Current 429,735,000 539,841,000  
Accounts payable 292,061,000 271,235,000  
Accrued taxes 25,935,000 26,253,000  
Interest Payable, Current 41,510,000 43,388,000  
Customer deposits 12,095,000 11,892,000  
Regulatory Liability, Current 10,616,000 11,915,000  
Asset Retirement Obligation, Current 58,064,000 32,161,000 0
Accrued Liabilities and Other Liabilities 26,098,000 26,231,000  
Total current liabilities 941,337,000 962,916,000  
Long-term Debt and Lease Obligation 3,567,071,000 3,642,587,000  
Deferred Income Tax Liabilities, Net 416,861,000 380,758,000  
NON-CURRENT LIABILITIES:      
Regulatory Liability, Noncurrent 389,539,000 404,021,000  
Accrued other postretirement benefits 2,950,000 2,834,000  
Asset retirement obligations, non-current 308,882,000 346,299,000 $ 342,540,000
Other non-current liabilities 7,921,000 8,499,000  
Total non-current liabilities 4,693,224,000 4,784,998,000  
Liabilities 5,634,561,000 5,747,914,000  
Temporary Equity, Including Noncontrolling Interest $ 0 $ 38,145,000  
Common Stock, Shares, Outstanding 108,907,000 108,907,318 108,907,000
Common Stock, Shares Authorized 290,000,000    
Common shareholders' equity:      
Additional Paid in Capital $ 1,657,145,000 $ 1,247,090,000  
Accumulated Other Comprehensive Income (Loss), Net of Tax 34,510,000 35,378,000  
Accumulated deficit 5,830,000 2,067,000  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,856,066,000 1,352,966,000 $ 1,235,337,000
Equity, Attributable to Noncontrolling Interest 158,581,000 68,431,000 $ 76,215,000
Total common shareholders' equity 1,697,485,000 1,284,535,000  
TOTAL LIABILITIES, REDEEMABLE STOCK OF SUBSIDIARIES AND EQUITY 7,490,627,000 7,139,025,000  
Customer deposits 12,095,000 11,892,000  
Income Taxes Receivable 45,223,000 0  
ITC      
NON-CURRENT LIABILITIES:      
Taxes Payable 45,223,000 0  
Taxes Payable $ 45,223,000 $ 0