Annual report pursuant to Section 13 and 15(d)

Equity Method Investments (Tables)

v3.6.0.2
Equity Method Investments (Tables)
12 Months Ended
Dec. 31, 2016
Renewable Energy Projects [Member]  
Schedule of Equity Method Investments

As of December 31, 2016, we held equity method investments in the following renewable energy projects.

 


Acquisition Date

  

Transaction

   Investment     

Partner

          (dollars in millions)       

October 2014

  

Strong Upwind Holdings I, LLC

   $ 97      JPMorgan

April 2015

  

Strong Upwind Holdings II, LLC

   $ 30      JPMorgan

December 2015

  

Strong Upwind Holdings III, LLC

   $ 66      JPMorgan

December 2015

  

Buckeye Wind Energy Class B Holdings LLC

   $ 70      Invenergy

June 2016

  

MM Solar Holdings LLC

   $ 26      AES

October 2016

  

Invenergy Gunsight Mountain Holdings, LLC

   $ 40      Invenergy

Various

  

Other transactions

   $ 34      Various
     

 

 

    
  

Total Equity Method Investments

   $ 363     
Strong Upwind Holdings LLC [Member]  
Schedule of Equity Method Investments

The following is a summary of the consolidated financial position and results of operations of the significant holding companies, accounted for using the equity method:

 

    As of September 30,
2016
    As of December 31,
2015
       
    (in millions, unaudited)        

Current Assets

  $ 62     $ 72    

Total Assets

  $ 1,716     $ 1,724    

Current Liabilities

  $ 25     $ 18    

Total Liabilities

  $ 110     $ 68    

Members’ Equity

  $ 1,606     $ 1,656    
    For the nine months
ended
September 30, 2016
    For the year ended
December 31,
2015
    For the year ended
December 31,
2014
 

Revenue

  $ 121     $ 152     $ 154  

Income from Continuing Operations

  $ (3   $ 24       44  

Net Income

  $ (3   $ 24       44