v3.26.1
PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about property, plant and equipment [abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
The following table presents a reconciliation of property, plant and equipment at fair value:
(MILLIONS)HydroelectricWindSolar
Other(1)
Total(2)(3)
Property, plant and equipment, at fair value
As at December 31, 2025$29,208 $4,175 $4,450 $$37,839 
Additions63 7 37 6 113 
Transfer from construction work-in-progress16 134 187  337
Transfer to assets held for sale(2,349) (180) (2,529)
Items recognized through OCI:
Change in fair value116  (18)(5)93 
Foreign exchange1,424 58 92 2 1,576 
Items recognized through net income:
Change in fair value (10)(10) (20)
Depreciation(277)(173)(144)(1)(595)
As at June 30, 2026$28,201 $4,191 $4,414 $8 $36,814 
Construction work-in-progress
As at December 31, 2025$280 $542 $868 $170 $1,860 
Additions45 81 254 62 442 
Transfer to property, plant and equipment(16)(134)(187) (337)
Items recognized through OCI:
Foreign exchange3 5 (16) (8)
As at June 30, 2026$312 $494 $919 $232 $1,957 
Total property, plant and equipment, at fair value
As at December 31, 2025(2)(3)
$29,488 $4,717 $5,318 $176 $39,699 
As at June 30, 2026(2)(3)
$28,513 $4,685 $5,333 $240 $38,771 
(1)Includes battery storage.
(2)Includes right-of-use assets not subject to revaluation of $55 million (2025: $29 million) in our hydroelectric segment, $101 million (2025: $104 million) in our wind segment, $143 million (2025: $118 million) in our solar segment, and nil (2025: $8 million) in other.
(3)Includes land not subject to revaluation of $146 million (2025: $204 million) in our hydroelectric segment, $12 million (2025: $12 million) in our wind segment, and $39 million (2025: $40 million) in our solar segment.