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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
REVENUE $ 1,070.6 $ 876.5 $ 861.0
OPERATING COSTS AND EXPENSES:      
Purchased power 394.3 316.4 346.9
Operation and maintenance 281.1 259.1 232.1
Depreciation and amortization 119.4 95.2 82.1
Taxes other than income taxes 137.3 113.5 100.8
Other, net 0.0 1.2 0.0
Total operating costs and expenses 932.1 785.4 761.9
OPERATING INCOME 138.5 91.1 99.1
OTHER INCOME / (EXPENSE), NET:      
Interest expense, net (82.4) (85.0) (63.6)
Other income / (expense), net (0.2) (4.7) (6.8)
Total other expense, net (82.6) (80.3) (56.8)
INCOME BEFORE INCOME TAX 55.9 10.8 42.3
Income tax expense / (benefit) 22.9 (3.0) 6.6
Net income (loss) 33.0 13.8 35.7
NET INCOME 21.0 $ 13.8 $ 35.7
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest $ (12.0)