Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investments in Affiliate

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Equity Method Investments in Affiliate
 9 Months Ended
Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments in Affiliate
13. Equity Method Investments in Affiliate

Strong Upwind

As described in Notes 1 and 2, we have noncontrolling equity investments in entities that own minority interests in wind projects. We account for our investments 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. During the three and nine months ended September 30, 2015, we recognized a gain of $0.2 million and a loss of $0.2 million, respectively, from our equity method investments.

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

 

     As of and for the
six months ended
June 30, 2015		      As of and for the
year ended
December 31, 2014 		 
     (dollars in millions, unaudited)  

Current Assets

    $ 57       $ 62   

Total Assets

    $ 1,450       $ 1,501   

Current Liabilities

    $ 13       $ 18   

Total Liabilities

    $ 61       $ 66   

Members’ Equity

    $ 1,389       $ 1,435   

Revenue

    $ 77       $ 154   

Income from Continuing Operations

    $ 21       $ 44   

Net Income

    $ 21       $ 44