INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table summarizes the information related to the Company's intangible assets as of December 31, 2024 and 2023:

	December 31, 2024				December 31, 2023
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(Dollars in thousands)				(Dollars in thousands)
Amortized intangible assets
Electricity segment	$	425,115	$	(150,108)	$	403,511	$	(127,324)
Storage segment	54,310		(27,573)		54,310		(22,888)
Total	$	479,425	$	(177,681)	$	457,821	$	(150,212)

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated future amortization expense for the intangible assets as of December 31, 2024 is as follows:

 

	(Dollars in thousands)
Year ending December 31:
2025		$	28,482
2026		26,277
2027		24,395
2028		24,374
2029		24,350
Thereafter		169,776
Total		$	297,654

Schedule of Goodwill

Changes in the carrying amount of the Company’s goodwill for the years ended December 31, 2024 and 2023 were as follows:

	2024		2023
	(Dollars in thousands)
Goodwill as of January 1,	$	90,544	$	90,325
Goodwill acquired (1)	60,872		—
Translation differences	(393)		219
Goodwill as of December 31,	$	151,023	$	90,544

(1) Goodwill acquired in 2024 is related to the Enel Purchase transaction as further described under Note 2 to the consolidated financial statements.