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Investments In and Advances To Affiliates (Tables)
12 Months Ended
Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Equity Ownership Interest And Carrying Values Of Investments Accounted For Under The Equity Method
The following table summarizes the relevant effective equity ownership interest and carrying values for the Company’s investments accounted for under the equity method as of the periods indicated.
 
 
 
December 31,
 
 
 
2014
 
2013
 
2014
 
2013
Affiliate
Country
 
Carrying Value (in millions)
 
Ownership Interest %
Silver Ridge Power
Various
 
$

 
$
281

 
%
 
50
%
Solar Power PR
Puerto Rico
 
2

 
10

 
50
%
 
50
%
Barry(1) 
United Kingdom
 

 

 
100
%
 
100
%
Elsta(1)
Netherlands
 
54

 
120

 
50
%
 
50
%
Entek
Turkey
 

 
165

 
%
 
50
%
Guacolda(2)
Chile
 
285

 
245

 
35
%
 
35
%
OPGC(3)
India
 
194

 
186

 
49
%
 
49
%
Other affiliates
Various
 
2

 
3

 
 
 
 
Total investments in and advances to affiliates
 
 
$
537

 
$
1,010

 
 
 
 
(1) 
Represent VIEs in which the Company holds a variable interest but is not the primary beneficiary.
(2) 
The Company's ownership in Guacolda is held through AES Gener, a 71%-owned consolidated subsidiary. AES Gener owns 50% of Guacolda, resulting in an AES effective ownership in Guacolda of 35%.
(3) 
OPGC has one coal-fired expansion project under development with a total capacity of 1,320 MW. The project started construction in April 2014 and is currently expected to begin operations in 2018. As of December 31, 2014, total capitalized costs at the project level were $186 million (AES share of $91 million).
Investments In and Advances to Affiliates Financial Information
The following tables summarize financial information of the Company’s 50%-or-less-owned affiliates and majority-owned unconsolidated subsidiaries that are accounted for using the equity method.
 
50%-or-less Owned Affiliates
 
Majority-Owned Unconsolidated Subsidiaries
Years ended December 31,
2014
 
2013
 
2012
 
2014
 
2013
 
2012
 
(in millions)
 
(in millions)
Revenue
$
928

 
$
1,099

 
$
1,868

 
$
2

 
$
2

 
$
106

Operating margin
206

 
295

 
355

 

 

 
26

Net income (loss)
59

 
53

 
146

 

 

 
(5
)
 
 
 
 
 
 
 
 
 
 
 
 
December 31,
2014
 
2013
 
 
 
2014
 
2013
 
 
 
(in millions)
 
 
 
(in millions)
 
 
Current assets
$
450

 
$
842

 
 
 
$

 
$
1

 
 
Noncurrent assets
1,748

 
3,722

 
 
 
15

 
20

 
 
Current liabilities
299

 
600

 
 
 

 
1

 
 
Noncurrent liabilities
935

 
2,096

 
 
 
67

 
75

 
 
Noncontrolling interests
17

 
15

 
 
 

 

 
 
Stockholders’ equity
947

 
1,853

 
 
 
(52
)
 
(55
)