Subsequent Events Subsequent Events (Notes)

3 Months Ended

Mar. 31, 2019

Subsequent Events [Abstract]

Subsequent Events [Text Block]

SUBSEQUENT EVENTS

Alto Sertão III Acquisition — On April 9, 2019, the Company entered into an agreement to purchase from Renova Energia S.A. the Alto Sertão III Wind Complex as well as a pipeline of wind power projects in development in Brazil for approximately $130 million, subject to certain precedent conditions, customary purchase price adjustments, and the assumption of approximately $250 million of non-recourse debt. The transaction is expected to close in the second half of 2019.

Kilroot and Ballylumford Sale — On April 9, 2019, the Company entered into an agreement to sell its entire 100% interest in the Kilroot coal and oil-fired plant and energy storage facility and the Ballylumford gas-fired plant in the United Kingdom for approximately $120 million, subject to customary purchase price adjustments. The sale is subject to approval under EU merger regulations and is expected to close in 2019. The assets did not qualify as held-for-sale as of March 31, 2019. The Company expects to recognize a combined loss on sale and impairment of approximately $200 million in 2019. Kilroot and Ballylumford are reported in the Eurasia SBU reportable segment.

sPower — On April 18, 2019, the Company closed on the sale of approximately 48% of its interest in a portfolio of sPower’s operating assets for approximately $170 million, subject to customary purchase price adjustments. After the sale, the Company’s ownership interest in this portfolio of sPower’s operating assets decreased from 50% to approximately 26%. The sPower equity method investment is reported in the US and Utilities SBU reportable segment.