v3.26.3
RELATED PARTIES (Tables)
 9 Months Ended
Sep. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Revenues Recorded from Related Parties
The following table summarizes revenues recorded from related parties:
Three Months Ended September 30, 2026Nine Months Ended September 30, 2026
RNG fuelFuel Station ServicesRenewable PowerRNG fuelFuel Station ServicesRenewable Power
Environmental Attributes (1), (5)
$— $— $— $16,917 $10,856 $— 
Commodity swaps (2), (4)
— — — — — 872 
Environmental processing (3)
— 2,664 — — 8,166 — 
Total$— $2,664 $— $16,917 $19,022 $872 
Three Months Ended September 30, 2025Nine Months Ended September 30, 2025
RNG fuelFuel Station ServicesRenewable PowerRNG fuelFuel Station ServicesRenewable Power
Environmental Attributes (1)
$17,825 $9,198 $— $55,658 $34,653 $— 
Commodity swaps (2)
— — 2,022 — — 4,676 
Environmental processing (3)
— 2,294 — — 6,268 — 
Total$17,825 $11,492 $2,022 $55,658 $40,921 $4,676 
(1) Represents RIN and LCFS sales to NextEra. Includes revenues of $4,982 recognized under the Green Gas Contract, which were recorded within RNG fuel revenues for the three months ended September 30, 2025. Includes revenues of $5,674 and $15,585 recognized under the Green Gas Contract, which were recorded within RNG fuel revenues for the nine months ended September 30, 2026 and 2025, respectively.
(2) Represents revenue earned under ISDA and REC sales agreements with NextEra.
(3) Represents environmental processing fees earned under agreements with equity method investments, related to the generation and marketing of RINs and LCFS.
(4) Due to the repayment and redemption of NextEra's redeemable noncontrolling interest in March 2026, revenues and balances related to transactions with NextEra are no longer included in the Company's related-party disclosures beginning in the second quarter of 2026. Year-to-date amounts reported in subsequent quarters of 2026 will continue to include activity recognized during the first quarter of 2026, when NextEra was still considered a related party.
The following table summarizes the various fees recorded under the service agreements with related parties which are included in selling, general and administrative within the Company's condensed consolidated statements of operations:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Staffing and management services$415 $447 $1,407 $1,557 
Rent - fixed compensation187 187 566 535 
IT services1,277 692 3,721 2,723 
Total related party fees$1,879 $1,326 $5,694 $4,815 
The following table presents the various balances for related parties included in the Company's condensed consolidated balance sheets as of September 30, 2026 and December 31, 2025:
Location in Balance SheetSeptember 30, 2026December 31, 2025
Assets:
NextEra (1)
Accounts receivable, net of allowance$— $12,626 
OtherAccounts receivable, net of allowance3,217 692 
Total receivables - related party3,217 13,318 
Liabilities:
Payables to equity method investment entitiesAccounts payable1,455 8,450 
NextEra (1)
Accounts payable— 501 
OtherAccounts payable2,489 — 
Total liabilities - related party$3,944 $8,951 
(1) Due to the repayment and redemption of NextEra's redeemable noncontrolling interest in March 2026, revenues and balances related to transactions with NextEra are no longer included in the Company's related-party disclosures beginning in the second quarter of 2026.