Hannon Armstrong Sustainable Infrastructure Capital, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments (Tables)

Equity Method Investments (Tables)

6 Months Ended

Jun. 30, 2017

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 March 31, 2017		As of December 31, 2016
		(dollars in millions, unaudited)
Current Assets	$	3	$	3
Total Assets	$	115	$	99
Current Liabilities	$	4	$	4
Total Liabilities	$	38	$	39
Members’ Equity	$	77	$	60


	For the three months ended March 31,
	2017		2016
		(dollars in millions, unaudited)
Revenue	$	3	$	3
Income from Continuing Operations	$	1	$	0
Net income	$	1	$	0

Renewable Energy Projects [Member]

Schedule of Equity Method Investments

As of June 30, 2017, we held the following equity method investments:


Acquisition Date	Transaction	Investment		Partner
		(in millions)
Various	Strong Upwind Holdings I,II, and III LLC	$	195	Various⁽¹⁾
June 2017	Northern Frontier LLC		94	Various
December 2015	Buckeye Wind Energy Class B Holdings LLC		67	Invenergy
February 2017	Strong Upwind Holdings IV LLC		59	JPMorgan
October 2016	Invenergy Gunsight Mountain Holdings, LLC		36	Invenergy


Acquisition Date	Transaction	Investment		Partner
		(in millions)
June 2016	MM Solar Holdings LLC		28		AES
Various	Other transactions		72		Various

	Total Equity Method Investments	$	551

⁽¹⁾

In June 2017, we acquired the remaining interest in these holding company entities for $22 million from JPMorgan. The entities are now consolidated entities in which the underlying assets (i.e. project level equity method investments) are being reported in our financial statements as equity method investments.