CONSOLIDATED AND COMBINED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 57,351	$ 27,785
Restricted cash and cash equivalents	268,595	119,511
Accounts receivable, net	95,388	52,994
Other current assets	62,677	19,561
Total current assets	484,011	219,851
Leasing equipment, net	36,570	37,453
Operating lease right-of-use assets, net	133,493	67,937
Property, plant, and equipment, net	4,581,771	1,653,468
Investments	22,243	12,529
Intangible assets, net	43,173	46,229
Goodwill	365,703	275,367
Other assets	81,697	61,554
Total assets	5,748,661	2,374,388
Current liabilities:
Accounts payable and accrued liabilities	280,707	176,425
Debt, net	65,438	48,594
Operating lease liabilities	9,108	7,172
Derivative Liability, Current	34,381	0
Other current liabilities	20,363	18,603
Total current liabilities	409,997	250,794
Debt, net	3,708,735	1,539,241
Operating lease liabilities	71,000	60,893
Derivative liabilities	189,116	0
Warrant liabilities	81,599	0
Deferred income tax liabilities	300,231	9,639
Other liabilities	44,000	57,465
Total liabilities	4,804,678	1,918,032
Commitments and contingencies	0	0
Redeemable preferred stock Series A ($0.01 par value per share; 200,000,000 total preferred shares authorized; 300,000 Series A shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively; redemption amount of $— million and $431.8 million as of December 31, 2025 and December 31, 2024, respectively)	1,090,220	381,218
Common stock ($0.01 par value per share; 2,000,000,000 shares authorized; 116,294,461 and 113,934,860 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively)	1,163	1,139
Equity
Additional paid in capital	623,771	764,381
Accumulated deficit	(512,992)	(405,818)
Accumulated other comprehensive loss	(90,618)	(157,051)
Stockholders' equity	21,324	202,651
Non-controlling interests in equity of consolidated subsidiaries	(167,561)	(127,513)
Total equity	(146,237)	75,138
Total liabilities, redeemable preferred stock and equity	$ 5,748,661	$ 2,374,388