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Segmented information (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Results of Operations and Assets for Segments

			Year ended December 31, 2024
			Regulated Services Group						Hydro Group						Corporate Group						Total (2)
Revenue (1)			$	2,228,642					$	35,328					$	—					$	2,263,970
Other revenue			53,355						792						1,421						55,568
Fuel, power, water purchased and other cost of sales			594,116						213						—						594,329
Net revenue			1,687,881						35,907						1,421						1,725,209
Operating expenses			861,758						8,835						9,357						879,950
Depreciation and amortization			387,162						6,762						1,763						395,687
Loss on foreign exchange			—						—						3,483						3,483
Operating income (loss)			438,961						20,310						(13,182)						446,089
Interest expense			(191,733)						(915)						(170,928)						(363,576)
Income from long-term investments			33,444						19						101,434						134,897
Other expenses			(32,275)						9						(7,964)						(40,230)
Earnings (loss) before income taxes			$	248,397					$	19,423					$	(90,640)					$	177,180
Property, plant and equipment			$	9,284,365					$	136,759					$	28,971					$	9,450,095
Investments carried at fair value			2,058						—						—						2,058
Equity-method investees			38,113						—						—						38,113
Total assets (3)			12,927,864						152,355						185,902						13,266,121
Capital expenditures			$	756,230					$	6,600					$	1,000					$	763,830

(1) Regulated Services Group revenue includes $30,396 related to alternative revenue programs for the year ended December 31, 2024

that do not represent revenue recognized from contracts with customers.

(2) Reflect results of continuing operations.

(3) Excluding held for sale assets of $3,695,636.

20.Segmented information (continued)

			Year ended December 31, 2023
			Regulated Services Group						Hydro Group						Corporate Group						Total (2)
Revenue (1)			$	2,315,722					$	34,322					$	—					$	2,350,044
Other revenue			51,137						1,296						1,447						53,880
Fuel, power, water purchased and other cost of sales			742,974						530						—						743,504
Net revenue			1,623,885						35,088						1,447						1,660,420
Operating expenses			811,359						8,565						3,990						823,914
Depreciation and amortization			346,188						6,659						1,232						354,079
Asset impairment charge			—						—						1,481						1,481
Loss on foreign exchange			—						—						13,659						13,659
Operating income (loss)			466,338						19,864						(18,915)						467,287
Interest expense			(160,999)						(1,177)						(146,264)						(308,440)
Income (loss) from long-term investments			44,953						3						(128,891)						(83,935)
Other expenses			(121,146)						(5,271)						(10,610)						(137,027)
Earnings (loss) before income taxes			$	229,146					$	13,419					$	(304,680)					$	(62,115)
Property, plant and equipment			$	8,945,637					$	146,385					$	34,751					$	9,126,773
Investments carried at fair value			1,962						—						1,052,703						1,054,665
Equity-method investees			112,180						—						500						112,680
Total assets (2)			12,658,955						140,880						1,387,161						14,186,996
Capital expenditures			$	740,768					$	6,659					$	1,232					$	748,659

(1) Regulated Services Group revenue includes $32,839 related to alternative revenue programs for the year ended December 31, 2023

that do not represent revenue recognized from contracts with customers.
(2) Reflect results of continuing operations.

(3) Excluding held for sale assets of $4,186,965.

Schedule of Information on Operations by Geographic Area

Information on operations by geographic area is as follows:

															2024						2023
Revenue
United States															$	1,852,407					$	1,942,582
Canada															91,612						95,306
Other regions															375,519						366,036
															$	2,319,538					$	2,403,924
Property, plant and equipment
United States															$	8,362,512					$	7,900,250
Canada															328,452						460,200
Other regions															759,131						766,323
															$	9,450,095					$	9,126,773
Intangible assets
United States															$	15,250					$	15,028
Canada															252						275
Other regions															53,634						57,161
															$	69,136					$	72,464

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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