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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 79,555 $ 94,395
Restricted cash and cash equivalents (primarily related to VIEs) 126,182 111,377
Receivables:    
Trade less allowance for credit losses of $290 and $224, respectively (primarily related to VIEs) 150,066 164,050
Other 38,747 50,792
Inventories 44,604 38,092
Costs and estimated earnings in excess of billings on uncompleted contracts 23,127 29,243
Prepaid expenses and other 42,434 59,173
Total current assets 504,715 547,122
Investment in unconsolidated companies 160,369 144,585
Deposits and other (primarily related to VIEs) 119,873 75,383
Deferred income taxes 159,667 153,936
Property, plant and equipment, net ($3,364,152 and $3,271,248 related to VIEs, respectively) 3,590,567 3,501,886
Construction-in-process ($548,991 and $251,442 related to VIEs, respectively) 1,067,942 755,589
Operating leases right of use ($14,675 and $13,989 related to VIEs, respectively) 35,583 32,114
Finance leases right of use (none related to VIEs) 4,467 2,841
Intangible assets, net 281,804 301,745
Goodwill 167,871 151,023
Total assets 6,092,858 5,666,224
Current liabilities:    
Accounts payable and accrued expenses 190,079 234,334
Short term revolving credit lines with banks (full recourse) 35,000 0
Commercial paper (less deferred financing costs of $19 and $23, respectively) 99,981 99,977
Billings in excess of costs and estimated earnings on uncompleted contracts 32,681 23,091
Current portion of long-term debt:    
Limited and non-recourse (primarily related to VIEs) 79,313 70,262
Full recourse 201,843 161,313
Financing liability 9,749 4,093
Operating lease liabilities 4,310 3,633
Finance lease liabilities 1,881 1,375
Total current liabilities 654,837 598,078
Long-term debt, net of current portion:    
Limited and non-recourse (primarily related to VIEs and less deferred financing costs of $13,208 and $8,849, respectively) 664,321 578,204
Full recourse (less deferred financing costs of $4,359 and $4,671, respectively) 951,912 822,828
Convertible senior notes (less deferred financing costs of $4,774 and $6,820, respectively) 471,663 469,617
Financing liability 206,647 216,476
Operating lease liabilities 25,404 22,523
Finance lease liabilities 2,646 1,529
Liability associated with sale of tax benefits 195,364 152,292
Deferred income taxes 74,404 68,616
Liability for unrecognized tax benefits 7,125 6,272
Liabilities for severance pay 11,378 10,488
Asset retirement obligation 139,443 129,651
Other long-term liabilities 34,857 29,270
Total liabilities 3,440,001 3,105,844
Commitments and contingencies (Note 9)
Redeemable noncontrolling interest 9,904 9,448
The Company's stockholders' equity:    
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 60,781,792 and 60,500,580 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 61 61
Additional paid-in capital 1,649,718 1,635,245
Treasury stock, at cost (258,667 shares held as of September 30, 2025 and December 31, 2024, respectively) (17,964) (17,964)
Retained earnings 885,233 814,518
Accumulated other comprehensive income (loss) (7,251) (6,731)
Total stockholders' equity attributable to Company's stockholders 2,509,797 2,425,129
Noncontrolling interest 133,156 125,803
Total equity 2,642,953 2,550,932
Total liabilities, redeemable noncontrolling interest and equity $ 6,092,858 $ 5,666,224