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Investments In and Advances To Affiliates (Tables)
 12 Months Ended
Dec. 31, 2024
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, 2024202320242023
AffiliateCountryCarrying Value (in millions)Ownership Interest %
sPower (1)
United States$548 $423 50 %50 %
Grupo Energía Gas Panamá (2)
Panama194 114 24 %24 %
FluenceUnited States155 148 28 %29 %
Uplight
United States82 86 25 %29 %
Energía Natural Dominicana Enadom (3)
Dominican Republic65 77 33 %33 %
Mesa La PazMexico43 42 50 %50 %
Other affiliates (4)
Various37 51 
Total$1,124 $941 
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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)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%.
(4)Includes Bosforo, Jordan, 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 31,202420232022202420232022
Revenue$3,553 $2,905 $1,780 $1 $1 $1 
Operating income (loss)
141 (28)(361)(1)(1)(1)
Net loss
(107)(182)(527)(1)(1)— 
Net loss attributable to affiliates
(12)(157)(405)(1)(1)— 
December 31,20242023 20242023 
Current assets$2,493 $1,759 $132 $117 
Noncurrent assets7,808 7,569 408 533 
Current liabilities2,023 1,638 129 114 
Noncurrent liabilities4,270 4,085 448 572 
Stockholders' equity2,960 2,318 (37)(30)
Noncontrolling interests1,048 1,287 — (6)
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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.