v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 50,417 $ 66,637
Restricted cash, current 23,756 18,592
Accounts receivable, net 23,755 32,743
Other receivables 9,038 11,941
Prepaid expenses 15,981 16,196
Derivative assets, current 16,619 12,875
Other current assets 3,458 6,395
Total current assets 143,024 165,379
Noncurrent assets:    
Restricted cash 2,251 2,114
Property, plant and equipment, net 2,365,788 2,329,035
Intangible assets, net 247,492 255,940
Operating right-of-use asset, net 162,065 164,332
Investments, at fair value 68,225 73,353
Derivative assets 62,545 61,752
Other noncurrent assets 25,878 26,615
Total noncurrent assets 2,934,244 2,913,141
Total assets 3,077,268 3,078,520
Current liabilities:    
Accounts payable and accrued expenses 64,720 55,025
Contingent consideration, current 1,431 1,315
Current portion of long-term debt 25,125 24,056
Current portion of failed sale-leaseback financing and deferred ITC gain 46,251 46,131
Other current liabilities 6,547 4,732
Total current liabilities 144,074 131,259
Noncurrent liabilities:    
Long-term debt, net of current portion 1,320,177 1,247,771
Failed sale-leaseback financing and deferred ITC gain, net of current portion 164,204 173,487
Deferred tax liabilities, net 28,938 24,606
Operating lease liabilities 169,617 173,103
Out-of-market contracts, net 135,428 139,808
Other noncurrent liabilities 50,398 52,586
Total noncurrent liabilities 1,868,762 1,811,361
Total liabilities 2,012,836 1,942,620
Commitments and contingencies (Note 11. Commitments and Contingencies)
Equity:    
Preferred shares, par value, $0.001 per share, 50,000 authorized; none issued and outstanding 0 0
Common shares, par value, $0.001 per share, 350,000 authorized, 199,284 and 199,379 issued and outstanding as of 2026 and 2025, respectively 199 199
Additional paid-in capital 1,788,591 1,779,303
Accumulated deficit (793,218) (777,258)
Accumulated other comprehensive income 24,958 26,547
Noncontrolling interests 43,902 107,109
Total equity 1,064,432 1,135,900
Total liabilities and equity $ 3,077,268 $ 3,078,520