
	June 30, 2026
	Gross Carrying Amount		Accumulated Amortization		Currency Translation Adjustment		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Acquired capacity reserve contract	$	162,045	$	(20,700)	$	(5,647)	$	135,698	17
Permits and development rights	61,894		(10,496)		1,599		52,997		34
Easements	660		(212)		—		448		30

Indefinite-lived intangible assets
Easements	1,191		—		24		1,215		n/a
Total intangible assets	$	225,790	$	(31,408)	$	(4,024)	$	190,358


	December 31, 2025
	Gross Carrying Amount		Accumulated Amortization		Currency Translation Adjustment		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Acquired capacity reserve contract	$	162,045	$	(15,146)	$	(14,908)	$	131,991	17
Permits and development rights	61,894		(9,572)		1,574		53,896		34
Easements	660		(198)		—		462		30

Indefinite-lived intangible assets
Easements	1,191		—		56		1,247		n/a
Total intangible assets	$	225,790	$	(24,916)	$	(13,278)	$	187,596

Amortization expense for the three months ended June 30, 2026 and 2025 was $2,893 and $4,379, respectively. Amortization expense for the six months ended June 30, 2026 and 2025 was $5,685 and $7,741, respectively. Amortization expense was inclusive of reductions in expense for the amortization of unfavorable contract liabilities.

In the third quarter of 2023, An Bord Pleanála (“ABP”), Ireland’s planning commission, denied the Company's application for the development of an LNG terminal and power plant. The Company challenged this decision, and in September 2024, the High Court of Ireland ruled that the ABP did not have appropriate grounds for the denial of our permit. In March 2025, ABP withdrew their appeal to the September 2024 decision of the High Court of Ireland. ABP is now reconsidering the planning application in accordance with Irish Law. Further, in March 2025, An Coimisiún Pleanála (previously ABP) granted the Company’s application to construct a 600 MW power plant and a separate application to construct the 220 kV

electricity interconnect. The Company is able to fuel this power plant via the LNG marine import terminal, if approved, or using gas provided from the Company’s permitted pipeline interconnection. The continued development of this project is uncertain and there are multiple risks, including regulatory risks, which could preclude the development of this project; however, management continues to assess all options in respect of future developments for the land held. As of June 30, 2026 and December 31, 2025, the net book value of permits, development rights and other easements to be used in the development of the Company’s development project in Shannon, Ireland was $35,732 and $37,288, respectively.