Business combinations (Tables)

9 Months Ended

Sep. 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 nine-month period ended September 30, 2021
	($ in thousands)
	Coso			Other			Total
Contracted concessional assets		381,160			125,858			507,018
Deferred tax asset		-			4,526			4,526
Other non-current assets		11,024			2,062			13,086
Cash & cash equivalents		6,363			13,976			20,339
Other current assets		16,371			45,900			62,271
Non-current Project debt		(248,544	)		(38,804	)		(287,348	)
Current Project debt		(13,415	)		(24,167	)		(37,582	)
Deferred tax liabilities		-			(771	)		(771	)
Other current and non-current liabilities		(22,959	)		(63,933	)		(86,892	)
Non-controlling interests		-			(8,287	)		(8,287	)
Total net assets acquired at fair value		130,000			56,360			186,360
Asset acquisition – purchase price paid		(130,000	)		(53,312	)		(183,312	)
Fair value of previously held 15% stake in Rioglass		-			(3,048	)		(3,048	)
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		355
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		-