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Other net losses (Tables) | 6 Months Ended
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Jun. 30, 2024
Other Income and Expenses [Abstract] |
Schedule of Other Net Losses (Gains) | Other net losses consist of the following:
| Three months ended |  | Six months ended
| June 30 |  | June 30
| 2024 |  | 2023 |  | 2024 |  | 2023
Renewable energy business sale costs (a) | 5,323 |  |  | 5,390 |  |  | 11,232 |  |  | 5,390 |
Kentucky termination costs (b) | — |  |  | 43,808 |  |  | — |  |  | 46,527 |
Acquisition-related settlement payment | — |  |  | (11,983) |  |  | — |  |  | (11,983) |
Other (c) | 11,738 |  |  | 3,152 |  |  | 16,430 |  |  | 3,895 |
| $ | 17,061 |  |  | $ | 40,367 |  |  | $ | 27,662 |  |  | $ | 43,829 |
(a)Renewable energy business sale costs On August 10, 2023, the Company announced that it is pursuing a sale of its renewable energy business. For the three and six months ended June 30, 2024, the Company incurred costs of $5,323 and $11,232, respectively (2023 - $5,390 and $5,390, respectively), related to this process. (b)Kentucky termination costs On April 17, 2023, Liberty Utilities Co. mutually agreed with American Electric Power Company, Inc. and AEP Transmission Company, LLC to terminate the purchase agreement for Kentucky Power Company and AEP Kentucky Transmission Company, Inc. The Company recognized losses of $43,808 for the three months ended June 30, 2023 and $46,527 for the six months ended June 30, 2023, for write-off costs related to capitalized costs which were primarily related to the implementation of an enterprise software solution, transaction costs, severance costs, and other termination costs. (c)Other Other losses primarily consist of remarketing fees related to the remarketing of the Notes forming a component of the Green Equity Units, post-closing adjustments related to the sale of the Windsor Locks Thermal Facility and other miscellaneous write-offs.

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- Definition Tabular disclosure of the detailed components of other nonoperating expenses. This disclosure may include methodology, assumptions and amounts for : (a) losses on securities (net of profits) and (b) miscellaneous income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(9)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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