Annual report pursuant to Section 13 and 15(d)

Equity Method Investments

v3.19.3.a.u2
Equity Method Investments
 12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments Equity Method Investments
We have non-controlling unconsolidated equity investments in renewable energy and energy efficiency projects. During the years ended December 31, 2019, 2018, and 2017 we recognized income (loss) of $64.2 million, $22.2 million, and $22.3 million respectively, from our equity method investments. We describe our accounting for the non-controlling equity investments in Note 2.
The following is a summary of the consolidated financial position and results of operations of the significant entities accounted for using the equity method.
Balance Sheet
 
 
As of September 30, 2019
 
 
Current assets
 
$
480

Total assets
 
3,742

Current liabilities
 
264

Total liabilities
 
1,601

Members’ equity
 
2,141

As of December 31, 2018
 
 
Current assets
 
200

Total assets
 
3,136

Current liabilities
 
137

Total liabilities
 
1,059

Members’ equity
 
2,077

Income Statement
 
 
For the nine months ended September 30, 2019
 
 
Revenue
 
187

Income from continuing operations
 
(28
)
Net income
 
(28
)
For the year ended December 31, 2018
 
 
Revenue
 
152

Income from continuing operations
 
(44
)
Net income
 
(44
)
For the year ended December 31, 2017
 
 
Revenue
 
148

Income from continuing operations
 
(65
)
Net income
 
(65
)