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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Capistrano Wind Portfolio Drop Down
Kawailoa Solar Partnership LLC
CEG
Tax Equity Investors
Preferred Stock
Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
CEG
(Accumulated Deficit) Retained Earnings
(Accumulated Deficit) Retained Earnings
CEG
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Capistrano Wind Portfolio Drop Down
Non-controlling Interest
Non-controlling Interest
Capistrano Wind Portfolio Drop Down
Non-controlling Interest
Kawailoa Solar Partnership LLC
Non-controlling Interest
CEG
Non-controlling Interest
Tax Equity Investors
Beginning balance at Dec. 31, 2021 $ 3,300         $ 0 $ 1 $ 1,872   $ (33)   $ (6)   $ 1,466        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income (loss) 1,049                 582       467        
Unrealized gain (loss) on derivatives and changes in accumulated OCL, net of tax 28                     11   17        
Distributions to CEG, net of contributions, non-cash       $ 4                         $ (4)  
Contributions from noncontrolling interests, net of distributions, cash       16 $ 51                       16 $ 51
Transfer of assets under common control (58)             (29)           (29)        
Drop Downs   $ 11 $ (69)                   $ 4   $ 7 $ (69)    
Tax-related distributions (8)                         (8)        
Non-cash adjustment for change in tax basis (1)             (1)                    
Stock-based compensation 0             1   (1)                
Common stock dividends and distributions to CEG       289         $ 82 85             122  
Ending balance at Dec. 31, 2022 4,026         0 1 1,761   463   9   1,792        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income (loss) (31)                 79       (110)        
Unrealized gain (loss) on derivatives and changes in accumulated OCL, net of tax (6)                     (2)   (4)        
Distributions to CEG, net of contributions, non-cash         (7)                         (7)
Contributions from noncontrolling interests, net of distributions, cash         1,123                         1,123
Transfer of assets under common control 286             (62)           348        
Drop Downs (10)             16           (26)        
Tax-related distributions (21)                         (21)        
Non-cash adjustment for change in tax basis 4             4                    
Distributions to CEG, net of contributions, cash       (78)                         (78)  
Buyout of redeemable noncontrolling interest 17             10           7        
Stock-based compensation 2             3   (1)                
Common stock dividends and distributions to CEG       (311)             $ (180)           (131)  
Ending balance at Dec. 31, 2023 4,994         0 1 1,732   361   7   2,893        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income (loss) (76)                 88       (164)        
Unrealized gain (loss) on derivatives and changes in accumulated OCL, net of tax (4)                     (4)            
Distributions to CEG, net of contributions, non-cash         (1)                         (1)
Contributions from noncontrolling interests, net of distributions, cash       194 $ 1,321                       194 $ 1,321
Transfer of assets under common control (593)             7           (600)        
Drop Downs (7)             (2)           (5)        
Tax-related distributions (1)                         (1)        
Non-cash adjustment for change in tax basis 61             61                    
Buyout of redeemable noncontrolling interest 7             4           3        
Stock-based compensation 1             2   (1)                
Common stock dividends and distributions to CEG       $ (334)             $ (194)           $ (140)  
Ending balance at Dec. 31, 2024 5,564         $ 0 $ 1 1,805   $ 254   $ 3   3,501        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Other $ 2             $ 1           $ 1