| Schedule of Equity Method Investments |
As of December 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) |
| Various |
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Jupiter Equity Holdings, LLC |
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$ |
465 |
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| December 2020 |
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Lighthouse Partnerships (1)
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201 |
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| March 2020 |
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University of Iowa Energy Collaborative Holdings LLC |
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118 |
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| December 2015 |
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Buckeye Wind Energy Class B Holdings, LLC |
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72 |
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| Various |
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Vivint Solar Asset 2 Class B, LLC |
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66 |
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| Various |
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Other investees |
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358 |
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Total equity method investments |
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$ |
1,280 |
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(1)Represents a portfolio of interests in renewable energy projects discussed below.
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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Jupiter Equity Holdings, LLC |
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Other Investments (1)
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Total |
| Balance Sheet |
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in millions |
| As of September 30, 2020 |
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| Current assets |
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$ |
94 |
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$ |
88 |
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$ |
233 |
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$ |
415 |
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| Total assets |
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1,472 |
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2,689 |
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4,992 |
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9,153 |
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| Current liabilities |
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48 |
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229 |
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647 |
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924 |
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| Total liabilities |
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1,179 |
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340 |
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2,225 |
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3,744 |
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| Members’ equity |
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293 |
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2,349 |
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2,767 |
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5,409 |
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| As of December 31, 2019 |
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| Current assets |
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99 |
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289 |
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254 |
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642 |
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| Total assets |
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1,335 |
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1,892 |
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3,270 |
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6,497 |
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| Current liabilities |
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54 |
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209 |
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230 |
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493 |
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| Total liabilities |
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1,010 |
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270 |
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975 |
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2,255 |
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| Members’ equity |
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325 |
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1,622 |
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2,295 |
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4,242 |
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| Income Statement |
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| For the nine months ended September 30, 2020 |
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| Revenue |
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94 |
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19 |
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275 |
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388 |
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| Income from continuing operations |
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(9) |
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(36) |
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(84) |
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(129) |
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| Net income |
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(9) |
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(36) |
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(84) |
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(129) |
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| For the year ended December 31, 2019 |
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| Revenue |
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102 |
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— |
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155 |
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257 |
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| Income from continuing operations |
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(16) |
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34 |
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(73) |
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(55) |
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| Net income |
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(16) |
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34 |
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(73) |
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(55) |
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| For the year ended December 31, 2018 |
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| Revenue |
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— |
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— |
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176 |
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176 |
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| Income from continuing operations |
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— |
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— |
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(42) |
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(42) |
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| Net income |
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— |
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— |
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(42) |
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(42) |
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(1)Represents aggregated financial statement information for investments not separately presented.
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