Project debt (Tables)

3 Months Ended

Mar. 31, 2021

The breakdown of project debt for both non-current and current liabilities as of March 31, 2021 and December 31, 2020 is as follows:

	Balance as of March 31,		Balance as of December 31,
	2021		2020
	($ in thousands)
Non-current		4,519,942		4,925,268
Current		680,275		312,346
Total Project debt		5,200,217		5,237,614

Repayment schedule for project debt

The repayment schedule for project debt in accordance with the financing arrangements and assuming there will be no acceleration of the Kaxu debt, as of March 31, 2021, is as follows and is consistent with the projected cash flows of the related projects:

Remainder of 2021
Interest repayment		Nominal repayment		Between January and March 2022		Between April and December 2022		2023		2024		2025		Subsequent years		Total
($ in thousands)
	59,661		265,551		23,216		297,361		348,614		363,872		497,298		3,344,644		5,200,217

The repayment schedule for project debt in accordance with the financing arrangements as of December 31, 2020, was as follows and was consistent with the projected cash flows of the related projects:

2021					2022		2023		2024		2025		Subsequent years		Total
		($ in thousands)
Interest repayment			Nominal repayment
	19,287			293,059		328,364		355,806		371,548		508,843		3,360,707		5,237,614