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Investments In and Advances To Affiliates (Tables)
 12 Months Ended
Dec. 31, 2023
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, 2023202220232022
AffiliateCountryCarrying Value (in millions)Ownership Interest %
sPower (1)
United States$423 $432 50 %50 %
FluenceUnited States148 205 29 %34 %
Grupo Energía Gas Panamá (2)
Panama114 82 24 %49 %
Uplight (3)
United States86 81 29 %29 %
Energía Natural Dominicana Enadom (4)
Dominican Republic77 64 33 %43 %
Mesa La PazMexico42 32 50 %50 %
Other affiliates (5)
Various51 56 
Total$941 $952 
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(1)The Company owns 50% of sPower, LLC and accounts for its investment as an equity method investment. Furthermore, there are two specific portfolios of operating solar and wind assets, OpCo A and OpCo B, in which sPower, LLC owns 51%, resulting in an AES effective ownership of approximately 26% in these portfolios.
(2)The Company's ownership in Grupo Energía Gas Panamá is held through AES Panama, a 49%-owned consolidated subsidiary. AES Panama owns 49% of Grupo Energía Gas Panamá, resulting in an AES effective ownership of 24%.
(3)On February 9, 2024, the Company's equity interest was diluted to approximately 25% as a result of Uplight's acquisition of AutoGrid, a market leader in the fast-growing Virtual Power Plant ("VPP") space.
(4)The Company's ownership in Energía Natural Dominicana Enadom is held through Andres, a 65%-owned consolidated subsidiary. Andres owns 50% of Energía Natural Dominicana Enadom, resulting in an AES effective ownership of 33%. See Note 17—Equity for further information regarding the selldown of AES Dominicana in December 2023.
(5)Includes Bosforo, Tucano, Barry, Alto Maipo, and various other equity method investments. Barry and Alto Maipo represent VIEs in which the Company holds a variable interest but is not the primary beneficiary.
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
Majority-Owned Unconsolidated Subsidiaries(1)
Years ended December 31,202320222021202320222021
Revenue$2,905 $1,780 $1,316 $1 $1 $1 
Operating loss
(28)(361)(53)(1)(1)(1)
Net loss
(182)(527)(242)(1)— (3)
Net loss attributable to affiliates
(157)(405)(40)(1)— (3)
December 31,20232022 20232022 
Current assets$1,759 $2,223 $117 $125 
Noncurrent assets7,569 7,522 533 643 
Current liabilities1,638 1,931 114 118 
Noncurrent liabilities4,085 4,040 572 677 
Stockholders' equity2,318 2,978 (30)(26)
Noncontrolling interests1,287 796 (6)(1)
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(1)The summarized financial information of Alto Maipo is not included in the table above as the Company is not the primary beneficiary, the fair value of the investment is insignificant, and the investment in Alto Maipo is not material to the financial results of the Company.