| Schedule of Equity Method Investments |
As of March 31, 2020, we held the following equity method investments:
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Investment Date |
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Investee |
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Carrying Value |
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(in millions) |
March 2020 |
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University of Iowa Energy Collaborative Holdings LLC |
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$ |
115 |
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Various |
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2007 Vento I, LLC |
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79 |
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December 2015 |
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Buckeye Wind Energy Class B Holdings, LLC |
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70 |
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Various |
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Vivint Solar Asset 1 Class B, LLC |
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61 |
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Various |
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Vivint Solar Asset 2 Class B, LLC |
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49 |
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October 2016 |
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Invenergy Gunsight Mountain Holdings, LLC |
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36 |
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December 2018 |
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3D Engie, LLC |
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30 |
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Various |
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2019 K102 Investor LLC |
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29 |
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Various |
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Other investees |
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113 |
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Total equity method investments |
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$ |
582 |
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The following is a summary of the consolidated financial position and results of operations of the significant entities accounted for using the equity method.
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SunStrong Capital Holdings, LLC |
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Vivint Solar Asset 2 Class B, LLC |
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Other Investments (1)
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Total |
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(in millions) |
Balance Sheet |
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As of December 31, 2019 |
Current assets |
$ |
213 |
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$ |
46 |
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$ |
210 |
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$ |
469 |
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Total assets |
1,330 |
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183 |
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2,604 |
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4,117 |
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Current liabilities |
143 |
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1 |
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162 |
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306 |
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Total liabilities |
1,008 |
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81 |
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|
764 |
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1,853 |
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Members' equity |
322 |
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|
102 |
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1,840 |
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|
2,264 |
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As of December 31, 2018 |
Current assets |
103 |
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|
— |
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|
97 |
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|
200 |
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Total assets |
972 |
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— |
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2,164 |
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|
3,136 |
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Current liabilities |
85 |
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— |
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52 |
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|
137 |
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Total liabilities |
745 |
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— |
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|
314 |
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|
1,059 |
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Members' equity |
226 |
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— |
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|
1,851 |
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|
2,077 |
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Income Statement |
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For the twelve months ended December 31, 2019 |
Revenue |
102 |
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2 |
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|
153 |
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|
257 |
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Income from continuing operations |
(16 |
) |
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(1 |
) |
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(47 |
) |
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(64 |
) |
Net income |
(16 |
) |
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(1 |
) |
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(47 |
) |
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(64 |
) |
For the twelve months ended December 31, 2018 |
Revenue |
25 |
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— |
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|
151 |
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|
176 |
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Income from continuing operations |
(18 |
) |
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— |
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(24 |
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(42 |
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Net income |
(18 |
) |
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— |
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(24 |
) |
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(42 |
) |
(1) Represents aggregated financial statement information for investments not separately presented.
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