v3.20.1
Equity method investments in unconsolidated affiliates (Tables)
 3 Months Ended
Mar. 31, 2020
Equity method investments in unconsolidated affiliates  
Summary of operating results

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

Operating results

    

2020

    

2019

Revenue

 

 

 

 

 

 

Frederickson

 

$

8.0

 

$

5.8

Orlando Cogen, LP

 

 

14.6

 

 

15.5

Chambers Cogen, LP

 

 

10.6

 

 

11.5

Craven County Wood Energy, LP (1)

 

 

3.1

 

 

 —

Grayling Generating Station, LP (1)

 

 

1.5

 

 

 —

 

 

 

37.8

 

 

32.8

Project expenses

 

 

 

 

 

 

Frederickson

 

 

5.4

 

 

3.4

Orlando Cogen, LP

 

 

6.3

 

 

7.5

Chambers Cogen, LP

 

 

8.1

 

 

8.6

Craven County Wood Energy, LP (1)

 

 

2.6

 

 

 —

Grayling Generating Station, LP (1)

 

 

1.4

 

 

 —

 

 

 

23.8

 

 

19.5

Project other expenses

 

 

 

 

 

 

Frederickson

 

 

 —

 

 

 —

Orlando Cogen, LP

 

 

 —

 

 

 —

Chambers Cogen, LP

 

 

(0.3)

 

 

(0.4)

Craven County Wood Energy, LP (1)

 

 

 —

 

 

 —

Grayling Generating Station, LP (1)

 

 

 —

 

 

 —

 

 

 

(0.3)

 

 

(0.4)

Net income

 

 

 

 

 

 

Frederickson

 

 

2.6

 

 

2.4

Orlando Cogen, LP

 

 

8.3

 

 

8.0

Chambers Cogen, LP

 

 

2.2

 

 

2.5

Craven County Wood Energy, LP (1)

 

 

0.5

 

 

 —

Grayling Generating Station, LP (1)

 

 

0.1

 

 

 —

Equity in earnings of unconsolidated affiliates

 

$

13.7

 

$

12.9

 

 

 

 

 

 

 

Distributions from equity method investments

 

 

(6.0)

 

 

(5.8)

Surplus of earnings of equity method investments, net of distributions

 

$

7.7

 

$

7.1

(1)

We acquired our equity interests in Craven Country Wood Energy, LP and Grayling Generating Station, LP on August 13, 2019.