At June 30, 2026, the Company held restricted cash of $6,595 (June 30, 2025 – $6,214), comprised of $1,519 (June 30, 2025 – $2,095) classified as current and $5,076 (June 30, 2025 – $4,119) classified as non-current, which is presented separately from cash on the consolidated statements of financial position.

Restricted cash represents cash at the project level that is subject to restrictions imposed by lending banks. These balances are maintained in designated reserve accounts for the future repayment of interest and principal on project debt, working capital requirements, and other reserve obligations associated with the specific project.