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Note 1 - General and Basis of Presentation - Fair Value of Amounts of Identified Assets and Liabilities Assumed in a Business Combination (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Jan. 04, 2024
Dec. 31, 2023
Goodwill $ 151,122   $ 90,544
Purchase Agreement With Enel Green Power North America [Member]      
Trade receivables and others (1) [1]   $ 4,400  
Deferred income taxes   3,100  
Property, plant and equipment and construction-in-process (2) [2]   197,700  
Operating lease right of use   1,200  
Other long-term assets   200  
Intangible assets (3) [3]   23,600  
Goodwill [4]   60,700  
Total assets acquired   290,900  
Accounts payable, accrued expenses and others   1,500  
Other current liabilities   1,800  
Operating lease liabilities   1,200  
Other long-term liabilities   5,000  
Asset retirement obligation   6,800  
Total liabilities assumed   16,300  
Total assets acquired, and liabilities assumed, net   $ 274,600  
[1] The gross amount of trade receivables was fully collected subsequent to acquisition date.
[2] The fair value of Property, Plant and equipment was estimated by applying the income approach and utilizing the discounted cash flow method. This methodology assesses the value of tangible assets by computing the anticipated cash flows expected to be generated by the respective assets.
[3] Intangible assets are related to the long-term electricity PPAs described above and are amortized over the term of those PPAs. The fair value of the intangible assets was estimated by applying the income approach and utilizing the Comparative Method of discounted cash flow.
[4] Goodwill is primarily related to the expected synergies, potential cost savings in operations as a result of the purchase transaction as well as potential future development of the greenfield assets. The goodwill is allocated to the Electricity segment and is deductible for tax purposes.