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 Investment in Affiliate

Equity Method Investment in Affiliate

3 Months Ended

Mar. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investment in Affiliate

13. Equity Method Investment in Affiliate

Strong Upwind

As described in Notes 1 and 2, in October 2014, we made a $144 million investment in Strong Upwind that is jointly owned and operated with an affiliate of JPMorgan. We account for our investment using the equity method of accounting and have elected to recognize earnings from these investments one quarter in arrears to allow for the receipt of financial information. For the quarter ended March 31, 2015, we have recognized a loss of $0.1 million from our equity method investment in Strong Upwind.

The following is a summary of the consolidated financial position and results of operations of the holding companies, accounted for using the equity method:


	As of and for the year ended December 31
	2014		2013
	*($ in millions, unaudited)*
Current Assets	$	51	$	46
Total Assets	$	1,504	$	1,580
Current Liabilities	$	17	$	16
Total Liabilities	$	68	$	70
Members’ Equity	$	1,436	$	1,510
Revenue	$	155	$	142
Income from Continuing Operations	$	44	$	16
Net Income	$	44	$	16

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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