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Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table presents the preliminary fair value estimates of the assets acquired and liabilities assumed by Cardinal Purchaser LLC as of the acquisition date:
(In millions) |  | Cardinal Portfolio (a)
Cash |  | $ | 1 |
Restricted cash |  | 15 |
Property, plant and equipment |  | 314 |
Intangible assets for power purchase agreements |  | 128 |
Right-of-use assets |  | 62 |
Derivative assets |  | 6 |
Other current and non-current assets |  | 24 |
Total assets acquired |  | 550 |
Long-term debt (b) |  | 180 |
Long-term lease liabilities |  | 39 |
Other current liabilities |  | 3 |
Other non-current liabilities |  | 84 |
Total liabilities assumed |  | 306 |
Noncontrolling interest (c) |  | 2 |
Net assets acquired |  | $ | 242 |
(a) Excludes the equity method investment held by Cardinal JV Purchaser LLC. (b) See Note 7, Long-term Debt, for additional information regarding the assumed facility-level debt. (c) Represents a tax equity fund, Shoreham Energy Holdings, LLC, which the Company consolidates as primary beneficiary. The Class A membership interests in Shoreham Energy Holdings, LLC are held by a tax equity investor.
Schedule of Unaudited Proforma Financial Information | The following unaudited pro forma financial information presents the consolidated results of operations of the Company as if the business combination had occurred on January 1, 2025:
|  | Three months ended June 30, |  | Six months ended June 30,
(In millions) |  | 2026 |  | 2025 |  | 2026 |  | 2025
Operating revenues |  | $ | 481 |  |  | $ | 409 |  |  | $ | 846 |  |  | $ | 722 |
Net income (loss) |  | 30 |  |  | 13 |  |  | (44) |  |  | (93) |

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