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

Equity Method Investments

9 Months Ended

Sep. 30, 2018

Equity Method Investments and Joint Ventures [Abstract]

We have non-controlling unconsolidated equity investments in renewable energy projects. We recognized income from our equity method investments of $11.7 million and $20.0 million during the three and nine months ended September 30, 2018, respectively, as compared to income of $6.9 million and $19.4 million during the three and nine months ended September 30, 2017.

The following is a summary of the consolidated financial position and results of operations of the significant entities accounted for using the equity method.



	Buckeye Wind Energy Class B Holdings, LLC			MM Solar Parent, LLC		Helix Fund I, LLC		Other Investments ⁽¹⁾		Total
	(in millions)
Balance Sheet
As of June 30, 2018
Current assets	$	3		$	3	$	1	$	31	$	38
Total assets	281			85		28		879		1,273
Current liabilities	1			5		—		18		24
Total liabilities	11			34		—		32		77
Members' equity	270			51		28		847		1,196
As of December 31, 2017
Current assets	3			3		1		29		36
Total assets	286			85		28		917		1,316
Current liabilities	1			5		—		25		31
Total liabilities	11			37		—		55		103
Members' equity	275			48		28		862		1,213
Income Statement
For the six months ended June 30, 2018
Revenue	7			6		1		31		45
Income from continuing operations	(2		)	3		—		18		19
Net income	(2		)	3		—		18		19
For the six months ended June 30, 2017
Revenue	6			6		1		44		57
Income from continuing operations	(4		)	3		—		8		7
Net income	(4		)	3		—		8		7

(1) Represents aggregated financial statement information for investments not separately presented.