Investment In and Advances To Affiliates

9 Months Ended

Sep. 30, 2017

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

INVESTMENTS IN AND ADVANCES TO AFFILIATES

Summarized Financial Information — The following table summarizes financial information of the Company’s 50%-or-less-owned affiliates that are accounted for using the equity method (in millions):



	Nine Months Ended September 30,
50%-or-less-Owned Affiliates	2017		2016
Revenue	$	532	$	439
Operating margin	91		108
Net income	44		46

sPower — In February 2017, the Company and Alberta Investment Management Corporation (“AIMCo”) entered into an agreement to acquire FTP Power LLC (“sPower”). On July 25, 2017, AES closed on the acquisition of its 48% ownership interest in sPower for $461 million. As the Company does not control sPower, it was accounted for as an equity method investment. The sPower portfolio includes solar and wind projects in operation, under construction, and in development located in the United States. The sPower equity method investment is reported in the US SBU reportable segment.