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Segmented information
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segmented information Segmented information
The Company is managed under two primary business units consisting of the Regulated Services Group and the Renewable Energy Group. The two business units are the two segments of the Company.
The Regulated Services Group, the Company's regulated operating unit, owns and operates a portfolio of electric, natural gas, water distribution and wastewater collection utility systems and transmission operations in the United States, Canada, Bermuda and Chile; the Renewable Energy Group, the Company's non-regulated operating unit, owns and operates a diversified portfolio of renewable and thermal electric generation assets in North America and internationally.
For purposes of evaluating the performance of the business units, the Company allocates the realized portion of any gains or losses on financial instruments to the specific business units. Dividend income from Atlantica and AYES Canada is included in the operations of the Renewable Energy Group, while interest income from San Antonio Water System is included in the operations of the Regulated Services Group. Equity method gains and losses are included in the operations of the Regulated Services Group or Renewable Energy Group based on the nature of the activities of the investees. The change in value of investments carried at fair value, unrealized portion of any gains or losses on derivative instruments not designated in a hedging relationship and foreign exchange gains and losses are not considered in management’s evaluation of divisional performance and are therefore, allocated and reported under corporate.

 Three months ended June 30, 2022
 Regulated Services GroupRenewable Energy GroupCorporateTotal
Revenue (1)(2)
$507,095 $97,015 $— $604,110 
Other revenue12,559 7,208 382 20,149 
Fuel, power and water purchased159,256 11,698 — 170,954 
Net revenue360,398 92,525 382 453,305 
Operating expenses179,258 27,053 19 206,330 
Administrative expenses 10,966 8,510 631 20,107 
Depreciation and amortization76,228 36,057 262 112,547 
Loss on foreign exchange— — 4,464 4,464 
Operating income (loss)93,946 20,905 (4,994)109,857 
Interest expense(23,859)(27,615)(13,099)(64,573)
Income (loss) from long-term investments5,265 26,675 (145,320)(113,380)
Other expenses (2,898)(7,545)(6,602)(17,045)
Earnings (loss) before income taxes$72,454 $12,420 $(170,015)$(85,141)
Capital expenditures$313,188 $67,660 $— $380,848 
(1) Renewable Energy Group revenue includes $25,062 related to net hedging loss from energy derivative contracts and availability credits for the three months period ended June 30, 2022 that do not represent revenue recognized from contracts with customers.
(2) Regulated Services Group revenue includes $8,811 related to alternative revenue programs for the three months period ended June 30, 2022 that do not represent revenue recognized from contracts with customers.
18.Segmented information (continued)
 Three months ended June 30, 2021
 Regulated Services GroupRenewable Energy GroupCorporateTotal
Revenue (1)(2)
$430,764 $77,890 $— $508,654 
Other revenue14,100 4,372 397 18,869 
Fuel, power and water purchased148,403 6,061 — 154,464 
Net revenue296,461 76,201 397 373,059 
Operating expenses145,723 25,357 2 171,082 
Administrative expenses (recovery)9,912 6,425 785 17,122 
Depreciation and amortization67,520 30,369 272 98,161 
Loss on foreign exchange— — 1,283 1,283 
Operating income (loss)73,306 14,050 (1,945)85,411 
Interest expense(27,114)(20,452)(10,616)(58,182)
Income from long-term investments9,293 25,988 25,225 60,506 
Other expenses(4,155)(2,778)(95)(7,028)
Earnings before income taxes$51,330 $16,808 $12,569 $80,707 
Capital expenditures$341,431 $66,312 $— $407,743 
(1) Renewable Energy Group revenue includes $4,996 related to net hedging gain from energy derivative contracts for the three months period ended June 30, 2021 that do not represent revenue recognized from contracts with customers.
(2) Regulated Services Group revenue includes $5,118 related to alternative revenue programs for the three months period ended June 30, 2021 that do not represent revenue recognized from contracts with customers.
18.Segmented information (continued)
 Six months ended June 30, 2022
Regulated Services GroupRenewable Energy GroupCorporateTotal
Revenue (1)(2)
1,129,854 185,235 $— $1,315,089 
Other revenue27,547 16,552 768 44,867 
Fuel, power and water purchased393,828 26,604 — 420,432 
Net revenue763,573 175,183 768 939,524 
Operating expenses363,667 54,643 22 418,332 
Administrative expenses19,036 16,055 2,468 37,559 
Depreciation and amortization156,511 75,474 526 232,511 
Loss on foreign exchange— — 4,726 4,726 
224,359 29,011 (6,974)246,396 
Gain on sale of renewable assets— 1,200 — 1,200 
Operating income (loss)224,359 30,211 (6,974)247,596 
Interest expense(45,285)(43,328)(33,903)(122,516)
Income (loss) from long-term investments9,774 54,301 (188,144)(124,069)
Other expenses(7,786)(8,293)(8,023)(24,102)
Earnings (loss) before income taxes$181,062 $32,891 $(237,044)$(23,091)
Property, plant and equipment$8,176,765 $3,674,155 $30,859 $11,881,779 
Investments carried at fair value2,042 1,661,050 — 1,663,092 
Equity-method investees37,228 343,322 15,755 396,305 
Total assets11,543,883 5,981,313 212,680 17,737,876 
Capital expenditures$568,773 $139,774 $— $708,547 
(1) Renewable Energy Group revenue includes $29,892 related to net hedging loss from energy derivative contracts and availability credits for the six months period ended June 30, 2022 that do not represent revenue recognized from contracts with customers.
(2) Regulated Services Group revenue includes $15,089 related to alternative revenue programs for the six months period ended June 30, 2022 that do not represent revenue recognized from contracts with customers.
18.Segmented information (continued)
 Six months ended June 30, 2021
Regulated Services GroupRenewable Energy GroupCorporateTotal
Revenue (1)(2)
$1,017,901 $108,673 $— $1,126,574 
Other revenue25,566 9,142 783 35,491 
Fuel, power and water purchased393,925 13,989 — 407,914 
Net revenue649,542 103,826 783 754,151 
Operating expenses297,905 53,229 5 351,139 
Administrative expenses17,455 12,608 3,702 33,765 
Depreciation and amortization135,087 59,947 566 195,600 
Loss on foreign exchange— — 2,145 2,145 
Operating income (loss)199,095 (21,958)(5,635)171,502 
Interest expense(51,415)(36,745)(19,602)(107,762)
Income (loss) from long-term investments10,467 48,405 (48,873)9,999 
Other expenses(12,646)(3,654)(1,707)(18,007)
Earnings (loss) before income taxes$145,501 $(13,952)$(75,817)$55,732 
Capital expenditures$553,950 $149,182 $— $703,132 
December 31, 2021
Property, plant and equipment$7,394,151 $3,615,915 $32,380 $11,042,446 
Investments carried at fair value2,296 1,846,160 — 1,848,456 
Equity-method investees37,492 375,460 20,898 433,850 
Total assets10,512,799 6,123,888 149,149 16,785,836 
(1) Renewable Energy Group revenue includes $44,587 related to net hedging loss from energy derivative contracts for the six months period ended June 30, 2021 that do not represent revenue recognized from contracts with customers.
(2) Regulated Services Group revenue includes $7,479 related to alternative revenue programs for the six months period ended June 30, 2021 that do not represent revenue recognized from contracts with customers.

The majority of non-regulated energy sales are earned from contracts with large public utilities. The Company has sought to mitigate its credit risk by selling energy to large utilities in various North American locations. None of the utilities contribute more than 10% of total revenue.
AQN operates in the independent power and utility industries in the United States, Canada and other regions. Information on operations by geographic area is as follows:
Three months ended June 30Six months ended June 30
2022202120222021
Revenue
United States$497,247 $415,431 $1,098,580 $927,258 
Canada41,397 35,952 95,232 83,803 
Other regions85,615 76,140 166,144 151,004 
$624,259 $527,523 $1,359,956 $1,162,065 
Revenue is attributed to the regions based on the location of the underlying generating and utility facilities.