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Adjusted EBITDA Breakdown
Focuses on earnings before interest, taxes, depreciation, and amortization, adjusted for specific items, to assess operational efficiency and cash flow potential.Conventional EBITDA has steadily eroded while Renewables have become the engine of adjusted EBITDA, showing larger seasonal/quarterly swings tied to production and commercialized PPAs; Thermal contributions drop to zero, signaling asset exits or decommissioning and tightening the firm's exposure to weather and timing risk. Management's call underscores this pivot—100% commercialization of 2026–27 projects, strong PPA economics and repowering yields support the growth trajectory and funding plan, but delivery and resource variability remain the key execution risks to hitting CAFD targets.
Date | Conventional | Renewables | Corporate | Thermal |
|---|---|---|---|---|
Jun 30, 2026 | $49.00M | $372.00M | -$12.00M | $0.00 |
Mar 31, 2026 | $49.00M | $218.00M | -$10.00M | $0.00 |
Dec 31, 2025 | $54.00M | $186.00M | -$3.00M | $0.00 |
Sep 30, 2025 | $60.00M | $334.00M | -$9.00M | $0.00 |
Jun 30, 2025 | $52.00M | $300.00M | -$9.00M | $0.00 |
Mar 31, 2025 | $44.00M | $219.00M | -$11.00M | $0.00 |
Dec 31, 2024 | $58.00M | $178.00M | -$8.00M | $0.00 |
Sep 30, 2024 | $66.00M | $295.00M | -$7.00M | $0.00 |
Jun 30, 2024 | $57.00M | $306.00M | -$10.00M | $0.00 |
Mar 31, 2024 | $51.00M | $169.00M | -$9.00M | $0.00 |