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Investments In and Advances To Affiliates (Tables)
 12 Months Ended
Dec. 31, 2021
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, 2021202020212020
AffiliateCountryCarrying Value (in millions)Ownership Interest %
sPower (1)
United States$492 $551 50 %50 %
Fluence (2)
United States304 — 34 %50 %
UplightUnited States103 85 29 %32 %
Energía Natural Dominicana Enadom (3)
Dominican Republic53 49 43 %43 %
Mesa La PazMexico48 60 50 %50 %
Grupo Energía Gas PanamáPanama41 — 49 %— %
Barry (4)
United Kingdom— — 100 %100 %
Other affiliates (5)
Various39 90 
Total$1,080 $835 
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(1)In January 2021, the sPower and AES Renewable Holdings development platforms were merged to form AES Clean Energy Development. See Note 25—Acquisitions for further information.
(2)During 2020, Fluence incurred losses resulting in a negative Investments in and advances to affiliates balance for the Company. As we had guaranteed obligations of Fluence, equity method accounting was not suspended and the negative carrying value of $12 million was recorded to Other noncurrent liabilities. Subsequent to Fluence's IPO in November 2021, AES recognized a gain upon dilution of its interest in Fluence which is now included in our Investments in and advances to affiliates balance.
(3)The Company's ownership in Energía Natural Dominicana Enadom is held through Andres, an 85%-owned consolidated subsidiary. Andres owns 50% of Energía Natural Dominicana Enadom, resulting in an AES effective ownership of 43%.
(4)Represents a VIE in which the Company holds a variable interest, but is not the primary beneficiary.
(5)Includes Bosforo and Tucano equity method investments, and others. During 2020, a $67 million loan facility was granted from Colon to Gas Natural Atlántico II that was eliminated due to consolidation in 2021.
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 (in millions):
 
50%-or-less Owned Affiliates (1)
Majority-Owned Unconsolidated Subsidiaries
Years ended December 31,202120202019202120202019
Revenue$1,316 $1,880 $1,122 $1 $1 $49 
Operating margin (loss)(53)213 124 (1)(3)(5)
Net income (loss)(242)(538)(724)(3)(4)(7)
December 31,20212020 20212020 
Current assets$1,180 $1,017 $868 $159 
Noncurrent assets6,497 6,230 25 886 
Current liabilities1,414 1,294 859 121 
Noncurrent liabilities3,602 3,671 60 981 
Noncontrolling interests1 — — — 
Stockholders' equity2,660 2,282 (26)(57)
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(1)As of July 1, 2021, AES began to account for its investment in Fluence quarterly, on a three-month lag. This shift in timing is necessary due to the nature of the entity subsequent to its IPO.