XML 138 R92.htm IDEA: XBRL DOCUMENT v3.25.0.1
TAX MONETIZATION TRANSACTIONS (Details) - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2024
Oct. 27, 2023
Dec. 23, 2022
Oct. 25, 2021
Aug. 14, 2019
May 17, 2018
Dec. 31, 2024
Dec. 31, 2023
Investments in and Advances to Affiliates, Activity [Line Items]                
Noncontrolling interest, decrease from purchase of interests             $ (1,418)  
Income generated from expected sale of transferable production tax credits             23,400 $ 10,800
Effective income tax rate reconciliation, tax credit, investment, amount             47,700 $ 18,700
Noncontrolling Interest                
Investments in and Advances to Affiliates, Activity [Line Items]                
Noncontrolling interest, decrease from purchase of interests             (1,697)  
Additional Paid-in Capital                
Investments in and Advances to Affiliates, Activity [Line Items]                
Noncontrolling interest, decrease from purchase of interests             $ 279  
Opal Geo                
Investments in and Advances to Affiliates, Activity [Line Items]                
Business combination, consideration transferred, total $ 9,800              
Opal Geo | Noncontrolling Interest                
Investments in and Advances to Affiliates, Activity [Line Items]                
Noncontrolling interest, decrease from purchase of interests 1,700              
Opal Geo | Additional Paid-in Capital                
Investments in and Advances to Affiliates, Activity [Line Items]                
Noncontrolling interest, decrease from purchase of interests $ 500              
Common Class B | Opal Geo                
Investments in and Advances to Affiliates, Activity [Line Items]                
Business acquisition, percentage of coting interests acquired 100.00%              
Tungsten Mountain                
Investments in and Advances to Affiliates, Activity [Line Items]                
Partnership agreement, initial purchase price           $ 33,400    
Partnership agreement, expected additional installments           $ 13,000    
Partnership agreement, percentage of distributable cash flow generated to private investor if target return not reached           100.00%    
Partnership agreement, percentage of taxable income to private investor if target return not reached           99.00%    
Partnership agreement, percentage of taxable income to private investor if target return not reached, no longer generating PTCs           5.00%    
Partnership agreement, percentage of distributable cash flow generated           97.50%    
Partnership agreement, percentage of taxable income           95.00%    
North Valley Geothermal Power Plant | Ormat Nevada                
Investments in and Advances to Affiliates, Activity [Line Items]                
Partnership agreement, initial purchase price   $ 43,100            
Partnership agreement, expected additional installments   $ 6,100            
Partnership agreement, percentage of distributable cash and taxable income generated   97.50%            
Partnership agreement, percentage of distributable cash flow generated to private investor if target return not reached   100.00%            
Partnership agreement, percentage of taxable income to private investor if target return not reached   99.00%            
Partnership agreement, percentage of taxable income to private investor if target return not reached, no longer generating PTCs   5.00%            
Partnership agreement, initial purchase price, allocated to noncontrolling interest   $ 300            
Partnership agreement, initial purchase price, allocated to tax benefits   $ 42,800            
CD4 Geothermal Power Plant | Mammoth Complex                
Investments in and Advances to Affiliates, Activity [Line Items]                
Partnership agreement, initial purchase price     $ 50,300          
Partnership agreement, expected additional installments     $ 7,300          
Partnership agreement, percentage of distributable cash flow generated to private investor if target return not reached     75.00%          
Partnership agreement, percentage of taxable income to private investor if target return not reached     99.00%          
Partnership agreement, percentage of taxable income to private investor if target return not reached, no longer generating PTCs     5.00%          
Partnership agreement, initial purchase price, allocated to noncontrolling interest     $ 3,900          
Partnership agreement, initial purchase price, allocated to tax benefits     $ 46,400          
Partnership agreement, percentage of tax attributes attributable to investor     99.00%          
Partnership agreement, percentage of distributable cash flow generated     97.50%          
Partnership agreement, percentage of taxable income     95.00%          
Steamboat Hills Repower Geothermal Power Plant | Ormat Nevada Inc.                
Investments in and Advances to Affiliates, Activity [Line Items]                
Partnership agreement, initial purchase price       $ 38,900        
Partnership agreement, expected additional installments       $ 5,300        
Partnership agreement, percentage of distributable cash flow generated to private investor if target return not reached       100.00%        
Partnership agreement, percentage of taxable income to private investor if target return not reached       99.00%        
Partnership agreement, percentage of taxable income to private investor if target return not reached, no longer generating PTCs       5.00%        
Partnership agreement, percentage of distributable cash flow generated       97.50%        
Partnership agreement, percentage of taxable income       95.00%        
McGinness Plant                
Investments in and Advances to Affiliates, Activity [Line Items]                
Partnership agreement, initial purchase price         $ 59,300      
Partnership agreement, expected additional installments         $ 9,000      
Partnership agreement, percentage of distributable cash flow generated to private investor if target return not reached         100.00%      
Partnership agreement, percentage of taxable income to private investor if target return not reached         99.00%      
Partnership agreement, percentage of taxable income to private investor if target return not reached, no longer generating PTCs         5.00%      
Partnership agreement, percentage of distributable cash flow generated         97.50%      
Partnership agreement, percentage of taxable income         95.00%      
McGinness Plant | Maximum                
Investments in and Advances to Affiliates, Activity [Line Items]                
Partnership agreement, expected additional installments         $ 22,000