Analyst

is this opening up new investment opportunities and doors for you? Do you foresee more of these earlier-stage investments in companies like Fervo or WaterBridge?

once you start adding those into the equation, how are you thinking about the pro forma depth of that base? Does it push toward 15 years or greater?

in EMEA, the commercial initiative bucket is now 200,000,000 in contribution I think in Q3, it was a 100,000,000. So what happened there?

what you're seeing on the cost inflation side? What are you seeing just across the board with material and equipment, but especially with labor?

just curious on your plans for sales and marketing investment going into Q4 and in 2026 as well