The following is a summary of the consolidated balance sheets and income statements of the entities in which we have a significant equity method investment. These amounts are presented on the underlying investees’ accounting basis. In certain instances, adjustment to these equity values may be necessary in order to reflect our basis in these investments, for reasons including but not limited to the investees reporting to us being on a cost basis rather than a fair value basis or due to our allocations under HLBV differing from our purchase price of the investment. As described in Note 2, any difference between the amount of our investment and the amount of our share of underlying equity is generally amortized over the life of the assets and liabilities to which the differences relate. Certain of our equity method investments have the unrealized mark-to-market losses on energy hedges at the project level that do not qualify for hedge accounting. These unrealized mark-to-market losses, which resulted from rising energy prices, are recorded in the revenue line of the projects’ statements of operations. As these swaps are settled, the projects will sell power at the higher market price, offsetting the loss recognized on the energy hedges. Certain of the projects in which we have equity method investments also have interest rate swaps which are designated as cash flow hedges, and we recognize the portion of the gain or loss allocated to us related to those instruments through other comprehensive income. As of June 30, 2026 and December 31, 2025, we have accumulated other comprehensive income net of tax effect of $38 million and $24 million respectively, related to the interest rate swaps designated as cash flow hedges by our investees.


	Palmetto HASI Holdings LLC		Other Investments (1)		Total
	(in millions)
Balance Sheet
As of March 31, 2026
Current assets	$	279	$	890	$	1,169
Total assets	4,624		20,986		25,610
Current liabilities	83		902		985
Total liabilities	1,624		9,506		11,130
Members’ equity	3,000		11,480		14,480
As of December 31, 2025
Current assets	262		918		1,180
Total assets	4,185		20,346		24,531
Current liabilities	56		891		947
Total liabilities	1,336		9,549		10,885
Members’ equity	2,849		10,797		13,646
Income Statement
For the three months ended March 31, 2026
Revenue	38		387		425
Income (loss) from continuing operations	(29)		(84)		(113)
Net income (loss)	(29)		(84)		(113)
For the three months ended March 31, 2025
Revenue	8		298		306
Income (loss) from continuing operations	(27)		(122)		(149)
Net income (loss)	(27)		(164)		(191)