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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 88,492 $ 94,395
Restricted cash and cash equivalents (primarily related to VIEs) 117,572 111,377
Receivables:    
Trade less allowance for credit losses of $275 and $224, respectively (primarily related to VIEs) 154,277 164,050
Other 39,227 50,792
Inventories 44,907 38,092
Costs and estimated earnings in excess of billings on uncompleted contracts 12,926 29,243
Prepaid expenses and other 51,508 59,173
Total current assets 508,909 547,122
Investment in unconsolidated companies 160,178 144,585
Deposits and other (primarily related to VIE’s) 102,483 75,383
Deferred income taxes 176,897 153,936
Property, plant and equipment, net ($3,308,167 and $3,271,248 related to VIEs, respectively) 3,544,564 3,501,886
Construction-in-process ($526,053 and $251,442 related to VIEs, respectively) 1,024,241 755,589
Operating leases right of use ($14,789 and $13,989 related to VIEs, respectively) 35,240 32,114
Finance leases right of use (none related to VIEs) 3,648 2,841
Intangible assets, net 289,061 301,745
Goodwill 170,391 151,023
Total assets 6,015,612 5,666,224
Current liabilities:    
Accounts payable and accrued expenses 212,617 234,334
Short term revolving credit lines with banks (full recourse) 96,500 0
Commercial paper (less deferred financing costs of $20 and $23, respectively) 99,980 99,977
Billings in excess of costs and estimated earnings on uncompleted contracts 37,693 23,091
Current portion of long-term debt:    
Limited and non-recourse (primarily related to VIEs) 70,570 70,262
Full recourse 201,251 161,313
Financing liability 5,905 4,093
Operating lease liabilities 4,464 3,633
Finance lease liabilities 1,696 1,375
Total current liabilities 730,676 598,078
Long-term debt, net of current portion:    
Limited and non-recourse (primarily related to VIEs and less deferred financing costs of $7,833 and $8,849, respectively) 542,437 578,204
Full recourse (less deferred financing costs of $4,665 and $4,671, respectively) 997,139 822,828
Convertible senior notes (less deferred financing costs of $5,456 and $6,820, respectively) 470,981 469,617
Financing liability 213,810 216,476
Operating lease liabilities 25,285 22,523
Finance lease liabilities 2,042 1,529
Liability associated with sale of tax benefits 136,778 152,292
Deferred income taxes 72,544 68,616
Liability for unrecognized tax benefits 7,583 6,272
Liabilities for severance pay 11,984 10,488
Asset retirement obligation 137,266 129,651
Other long-term liabilities 37,314 29,270
Total liabilities 3,385,839 3,105,844
Commitments and contingencies (Note 9)
Redeemable noncontrolling interest 10,985 9,448
The Company's stockholders' equity:    
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 60,723,470 and 60,500,580 issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 61 61
Additional paid-in capital 1,644,777 1,635,245
Treasury stock, at cost (258,667 shares held as of June 30, 2025 and December 31, 2024, respectively) (17,964) (17,964)
Retained earnings 868,371 814,518
Accumulated other comprehensive income (loss) (2,297) (6,731)
Total stockholders' equity attributable to Company's stockholders 2,492,948 2,425,129
Noncontrolling interest 125,840 125,803
Total equity 2,618,788 2,550,932
Total liabilities, redeemable noncontrolling interest and equity $ 6,015,612 $ 5,666,224