v3.26.1
Fixed Assets (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of detailed information about property, plant and equipment [line items]  
Disclosure of detailed information about fixed assets
   
2025
 
   
PV + Storage
   
Wind farms
   
Others
   
Total
 
   
USD in thousands
 
Cost:
                       
As of January 1, 2025
   
1,905,172
     
1,992,516
     
18,852
     
3,916,540
 
Additions
   
2,339,305
     
18,800
     
3,943
     
2,362,048
 
Translation differences
   
128,183
     
260,782
     
1,200
     
390,165
 
Cost as of December 31, 2025
   
4,372,660
     
2,272,098
     
23,995
     
6,668,753
 
                                 
Accumulated depreciation:
                               
As of January 1, 2025
   
47,386
     
165,752
     
4,210
     
217,348
 
Depreciation expenses
   
58,822
     
74,866
     
1,920
     
135,608
 
Translation differences
   
8,774
     
25,076
     
529
     
34,379
 
Accumulated depreciation as of December 31, 2025
   
114,982
     
265,694
     
6,659
     
387,335
 
                                 
Carrying value as of December 31, 2025
   
4,257,678
     
2,006,404
     
17,336
     
6,281,418
 
 
   
2024
 
   
PV + Storage
   
Wind farms
   
Others
   
Total
 
   
USD in thousands
 
Cost:
                       
As of January 1, 2024
   
1,179,394
     
1,894,508
     
8,114
     
3,082,016
 
Additions
   
666,740
     
183,839
     
10,774
     
861,353
 
Initial consolidation
   
49,831
     
-
     
-
     
49,831
 
Reclassification from contract assets according to IFRIC 12 (*)
   
99,416
     
-
     
-
     
99,416
 
Classification to disposal group held for sale (**)
   
(77,911
)
   
-
     
-
     
(77,911
)
Translation differences
   
(12,298
)
   
(85,831
)
   
(36
)
   
(98,165
)
Cost as of December 31, 2024
   
1,905,172
     
1,992,516
     
18,852
     
3,916,540
 
                                 
Accumulated depreciation:
                               
As of January 1, 2024
   
25,590
     
106,179
     
2,878
     
134,647
 
Depreciation expenses
   
30,675
     
65,948
     
1,360
     
97,983
 
Classification to disposal group held for sale (**)
   
(7,725
)
   
-
     
-
     
(7,725
)
Translation differences
   
(1,154
)
   
(6,375
)
   
(28
)
   
(7,557
)
Accumulated depreciation as of December 31, 2024
   
47,386
     
165,752
     
4,210
     
217,348
 
                                 
Carrying value as of December 31, 2024
   
1,857,786
     
1,826,764
     
14,642
     
3,699,192
 
 
  (*)
At the beginning of 2024, the Company reclassified cluster of PV projects in Israel from contract assets to fixed assets due to significant changes to terms of the concession agreement.
 
  (**)
At the end of 2024, the Company reclassified a cluster of PV + Storage projects in Israel to disposal group held for sale according to the Company’s intention of selling the projects, for additional information please see Note 7.