| Schedule of Equity Method Investments |
As of September 30, 2020, we held the following equity method investments:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Investment Date |
|
Investee |
|
Carrying Value |
| |
|
|
|
(in millions) |
| July 2020 |
|
Jupiter Equity Holdings, LLC |
|
$ |
152 |
|
| March 2020 |
|
University of Iowa Energy Collaborative Holdings LLC |
|
116 |
|
| December 2015 |
|
Buckeye Wind Energy Class B Holdings, LLC |
|
72 |
|
| Various |
|
2007 Vento I, LLC |
|
64 |
|
| Various |
|
Vivint Solar Asset 1 Class B, LLC |
|
60 |
|
| Various |
|
Vivint Solar Asset 2 Class B, LLC |
|
60 |
|
| October 2016 |
|
Invenergy Gunsight Mountain Holdings, LLC |
|
33 |
|
| Various |
|
Other investees |
|
162 |
|
|
|
Total equity method investments |
|
$ |
719 |
|
The following is a summary of the consolidated financial position and results of operations of the significant entities accounted for using the equity method.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SunStrong Capital Holdings, LLC |
|
Vivint Solar Asset 2 Class B, LLC |
|
Other Investments (1)
|
|
Total |
|
(in millions) |
| Balance Sheet |
|
|
|
|
|
|
|
| As of June 30, 2020 |
| Current assets |
$ |
90 |
|
|
$ |
8 |
|
|
$ |
258 |
|
|
$ |
356 |
|
| Total assets |
1,415 |
|
|
244 |
|
|
4,829 |
|
|
6,488 |
|
| Current liabilities |
48 |
|
|
2 |
|
|
251 |
|
|
301 |
|
| Total liabilities |
1,134 |
|
|
138 |
|
|
1,673 |
|
|
2,945 |
|
| Members' equity |
281 |
|
|
106 |
|
|
3,156 |
|
|
3,543 |
|
| As of December 31, 2019 |
| Current assets |
99 |
|
|
46 |
|
|
309 |
|
|
454 |
|
| Total assets |
1,335 |
|
|
183 |
|
|
3,484 |
|
|
5,002 |
|
| Current liabilities |
54 |
|
|
1 |
|
|
252 |
|
|
307 |
|
| Total liabilities |
1,010 |
|
|
81 |
|
|
908 |
|
|
1,999 |
|
| Members' equity |
325 |
|
|
102 |
|
|
2,576 |
|
|
3,003 |
|
| Income Statement |
|
|
|
|
|
|
|
| For the six months ended June 30, 2020 |
| Revenue |
61 |
|
|
8 |
|
|
125 |
|
|
194 |
|
| Income (loss) from continuing operations |
(4) |
|
|
1 |
|
|
(15) |
|
|
(18) |
|
| Net income (loss) |
(4) |
|
|
1 |
|
|
(15) |
|
|
(18) |
|
| For the six months ended June 30, 2019 |
| Revenue |
46 |
|
|
— |
|
|
72 |
|
|
118 |
|
| Income from continuing operations (loss) |
(11) |
|
|
— |
|
|
(15) |
|
|
(26) |
|
| Net income (loss) |
(11) |
|
|
— |
|
|
(15) |
|
|
(26) |
|
(1) Represents aggregated financial statement information for investments not separately presented.
|