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As of March 31, 2022, 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) |
| Various |
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Jupiter Equity Holdings LLC |
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$ |
563 |
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| Various |
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Lighthouse Partnerships (1)
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428 |
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| Various |
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Phase V Class A LLC |
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130 |
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| March 2020 |
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University of Iowa Energy Collaborative Holdings LLC |
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124 |
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| Various |
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Other investees |
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626 |
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Total equity method investments |
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$ |
1,871 |
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(1) Represents the total of three equity investments in a portfolio of renewable assets.
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Jupiter Equity Holdings LLC |
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Phase V Class A LLC |
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Vivint Solar Asset 3 Holdco Parent 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, 2021 |
| Current assets |
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$ |
323 |
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$ |
17 |
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$ |
13 |
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$ |
489 |
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$ |
842 |
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| Total assets |
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3,434 |
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201 |
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384 |
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8,095 |
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12,114 |
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| Current liabilities |
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188 |
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40 |
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12 |
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472 |
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712 |
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| Total liabilities |
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687 |
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46 |
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379 |
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4,104 |
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5,216 |
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| Members' equity |
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2,747 |
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155 |
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5 |
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3,991 |
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6,898 |
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| As of December 31, 2020 |
| Current assets |
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338 |
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28 |
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86 |
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352 |
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804 |
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| Total assets |
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3,509 |
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65 |
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303 |
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6,739 |
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10,616 |
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| Current liabilities |
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248 |
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21 |
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3 |
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395 |
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667 |
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| Total liabilities |
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502 |
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22 |
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139 |
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3,460 |
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4,123 |
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| Members' equity |
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3,007 |
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43 |
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164 |
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3,279 |
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6,493 |
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| Income Statement |
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| For the twelve months ended December 31, 2021 |
| Revenue |
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(253) |
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4 |
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28 |
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393 |
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172 |
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| Income (loss) from continuing operations |
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(450) |
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— |
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1 |
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(133) |
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(582) |
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| Net income (loss) |
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(450) |
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— |
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1 |
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(133) |
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(582) |
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| For the twelve months ended December 31, 2020 |
| Revenue |
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(14) |
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— |
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1 |
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378 |
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365 |
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| Income (loss) from continuing operations |
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(72) |
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— |
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(2) |
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(164) |
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(238) |
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| Net income (loss) |
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(72) |
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— |
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(2) |
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(164) |
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(238) |
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(1) Represents aggregated financial statement information for investments not separately presented.
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