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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 38,342 $ 20,512
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 87,146 70,393
Provision for expected credit losses 398 0
Amortization of debt issuance costs 1,829 2,241
Amortization of capitalized implementation costs 284 0
Unit-based compensation expense 2,405 3,384
Deferred income tax expense 2,711 85
(Gain) loss on disposition of assets (545) 1,325
Loss on extinguishment of debt 1 0
Impairment of assets 4 3,645
Changes in assets and liabilities, net of effect of acquisition:    
Accounts receivable and related-party receivables, net (38,174) (8,253)
Inventories (15,390) (12,240)
Prepaid expenses and other current assets (900) 410
Other assets 3,482 (2,377)
Accounts payable and related-party payables 14,868 4,113
Accrued liabilities and deferred revenue (10,357) (28,177)
Other liabilities (1) (410)
Net cash provided by operating activities 86,103 54,651
Cash flows from investing activities:    
Cash paid for the J-W Power Acquisition, net of cash acquired (444,384) 0
Capital expenditures, net (24,238) (18,368)
Proceeds from disposition of property and equipment 612 259
Proceeds from insurance recovery 118 68
Net cash used in investing activities (467,892) (18,041)
Cash flows from financing activities:    
Proceeds from revolving credit facility 599,198 274,476
Repayments of revolving credit facility (144,037) (242,002)
Cash paid related to net settlement of unit-based awards 0 (2,227)
Deferred financing costs (232) (5)
Other (296) (90)
Net cash provided by (used in) financing activities 387,747 (36,622)
Increase (decrease) in cash and cash equivalents 5,958 (12)
Cash and cash equivalents, beginning of period 8,564 14
Cash and cash equivalents, end of period 14,522 2
Supplemental cash flow information:    
Cash paid for interest, net of capitalized amounts 52,344 75,136
Cash paid for income taxes 4,092 0
Supplemental non-cash transactions:    
Non-cash distributions to certain common unitholders (DRIP) 48 62
Transfers from inventories to property and equipment, net 12,344 11,214
Reclassification of serialized inventory to fixed assets 62,722 0
Changes in capital expenditures included in accounts payable and accrued liabilities (1,346) 2,724
Changes in financing costs included in accounts payable and accrued liabilities (221) 271
Common units issued in connection to the J-W Power Acquisition 456,564 0
Common units    
Cash flows from financing activities:    
Cash distributions (66,886) (62,386)
Preferred Units    
Cash flows from financing activities:    
Cash distributions $ 0 $ (4,388)