| Summary of Debt and Financing Lease Liabilities |
Our debt and financing lease liabilities are comprised of the following: | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | Senior secured corporate revolving credit facility (1) | $ | 103,000 | | | $ | 135,000 | | | Senior secured corporate term loans | 97,500 | | | 13,000 | | | Second lien corporate term loan | 100,000 | | | 100,000 | | Energy asset construction facilities (2) | 520,303 | | | 339,209 | | Energy asset operating facilities (2) | 639,731 | | | 674,704 | | Other financing facilities (3) | 397,456 | | | 399,370 | | Financing lease liabilities (4) | 12,669 | | | 12,904 | | | | | | | Total debt and financing lease liabilities | 1,870,659 | | | 1,674,187 | | | Less: current maturities | 160,578 | | | 149,363 | | | Less: unamortized discount and debt issuance costs | 48,242 | | | 40,924 | | | Long-term debt and financing lease liabilities, net of current portion, unamortized discount and debt issuance costs | $ | 1,661,839 | | | $ | 1,483,900 | | | | | | (1) At June 30, 2025, funds of $9,797 were available for borrowing under this facility. | (2) Most of these agreements are now using the Secured Overnight Financing Rate (“SOFR”) as the primary reference rate used to calculate interest. | (3) These facilities are accounted for as failed sale-leasebacks and are classified as long-term financing facilities. See Note 7 for additional disclosures. | (4) Financing lease liabilities are sale-leaseback arrangements under previous guidance. See Note 7 for additional disclosures. |
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