v3.26.1
Property, Plant and Equipment, Net
 3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 9: PROPERTY, PLANT AND EQUIPMENT, NET

 

As of March 31, 2026 and December 31, 2025, property, plant and equipment (“PPE”) consisted of the following:

 

    As of March 31,     As of December 31,  
    2026     2025  
BVVE     365,512       354,011  
Land     51,869       48,119  
Buildings     20,026       15,769  
Energy Infrastructure     102,143       102,133  
Machinery and Equipment     12,116       11,989  
Leasehold improvements     14,658       14,538  
Vehicles     1,533       1,544  
      567,857       548,103  
Accumulated Depreciation     (219,253 )     (189,770 )
Carrying amount     348,604       358,333  

 

Assets not subject to depreciation

 

As of March 31, 2026, property, plant and equipment that are not yet placed into service amounted to $27,810 (December 31, 2025: $12,169) and land was $51,869 (December 31, 2025: $48,119). These assets are not depreciated. Depreciation begins when assets are ready and available for their intended use; land is not depreciated.