Business combinations (Tables)

6 Months Ended

Jun. 30, 2021

Business combinations [Abstract]

Fair value of assets and liabilities consolidated at the effective acquisition date

The fair value of assets and liabilities consolidated at the effective acquisition date is shown in the following table:

	Business combinations for the six-month period ended June 30, 2021
	($ in thousands)
	Coso			Other			Total
Contracted concessional assets		381,160			104,384			485,544
Deferred tax asset		-			4,339			4,339
Other non-current assets		11,024			2,062			13,086
Cash & cash equivalents		6,363			14,685			21,048
Other current assets		16,371			44,685			61,056
Non-current Project debt		(248,544	)		(35,651	)		(284,195	)
Current Project debt		(13,415	)		(24,451	)		(37,866	)
Other current and non-current liabilities		(22,960	)		(54,444	)		(77,404	)
Non-controlling interests		-			(8,287	)		(8,287	)
Total net assets acquired at fair value		130,000			47,321			177,321
Asset acquisition – purchase price paid		(130,000	)		(39,383	)		(169,383	)
Fair value of previously held 15% stake in Rioglass		-			(3,048	)		(3,048	)
Liability for the Put option held by the seller of Rioglass		-			(4,890	)		(4,890	)
Net result of business combinations		-			-			-

The fair value of assets and liabilities consolidated at the effective acquisition date is shown in the following table:

	Business combinations for the year-ended December 31, 2020
	($ in thousands)
Contracted concessional assets		172,321
Other non-current assets		356
Cash & cash equivalents		17,646
Other current assets		31,422
Non-current Project debt		(149,585	)
Current Project debt		(8,680	)
Other current and non-current liabilities		(15,561	)
Non-controlling interests		(25,308	)
Total net assets acquired at fair value		22,610
Asset acquisition - purchase price		(22,610	)
Net result of business combinations		-