| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||||
Net loss | ||||||||
-96,000 | 54,000 | -24,000 | 2,000 | 72,000 | 113,000 | 125,000 | 12,000 | 15,000 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
Equity in earnings (losses) of unconsolidated affiliates | ||||||||
83,000 | 74,000 | 71,000 | 60,000 | 31,000 | 22,000 | 20,000 | - | - |
Distributions from unconsolidated affiliates | ||||||||
34,000 | 70,000 | 72,000 | 58,000 | 60,000 | 21,000 | 16,000 | - | - |
Distributions in excess of equity in earnings of unconsolidated affiliates | ||||||||
- | - | - | - | - | - | - | -2,000 | 5,000 |
Depreciation and amortization | ||||||||
- | - | - | - | - | - | 92,000 | 25,000 | 22,000 |
Depreciation, amortization and accretion | ||||||||
396,000 | 331,000 | 334,000 | 303,000 | 303,000 | 235,000 | 93,000 | - | - |
Amortization of financing costs and debt discounts | ||||||||
17,000 | 24,000 | 25,000 | 20,000 | 16,000 | 11,000 | 12,000 | 0 | 0 |
Amortization of intangibles and out-of-market contracts | ||||||||
71,000 | 70,000 | 70,000 | 76,000 | 55,000 | 28,000 | 1,000 | 0 | 1,000 |
Loss on debt extinguishment | ||||||||
-16,000 | -7,000 | -3,000 | 0 | -9,000 | -1,000 | 0 | - | - |
Right-of-use asset amortization | ||||||||
7,000 | - | - | - | - | - | - | - | - |
Changes in deferred income taxes | ||||||||
-8,000 | 62,000 | 72,000 | -1,000 | 12,000 | 4,000 | 8,000 | 10,000 | 9,000 |
Impairment losses | ||||||||
33,000 | 0 | 44,000 | 185,000 | 1,000 | 0 | - | - | - |
Changes in derivative instruments | ||||||||
-85,000 | 16,000 | 15,000 | 15,000 | 44,000 | 12,000 | 21,000 | -2,000 | -2,000 |
Other Noncash Expense | ||||||||
- | - | - | - | - | - | 13,000 | - | - |
Loss on disposal of asset components | ||||||||
-9,000 | 0 | -16,000 | -6,000 | -3,000 | 0 | - | - | - |
Changes in prepaid and accrued liabilities for tolling agreements | ||||||||
-1,000 | 0 | 4,000 | 8,000 | 12,000 | 0 | -4,000 | - | - |
Changes in other working capital | ||||||||
5,000 | 30,000 | 5,000 | -11,000 | 19,000 | 17,000 | 63,000 | -5,000 | 11,000 |
Net Cash Provided by Operating Activities | ||||||||
477,000 | 498,000 | 517,000 | 577,000 | 425,000 | 362,000 | 168,000 | 56,000 | 33,000 |
Cash Flows from Investing Activities | ||||||||
Acquisition of assets | ||||||||
100,000 | 11,000 | 0 | 0 | 37,000 | 901,000 | 120,000 | - | - |
Partnership interest acquisition | ||||||||
29,000 | 0 | - | - | - | - | - | - | - |
Acquisition of Drop Down Assets, net of cash acquired | ||||||||
161,000 | 126,000 | 250,000 | 77,000 | 698,000 | 311,000 | 0 | - | - |
Acquisition of businesses, net of cash acquired | ||||||||
- | - | - | - | - | - | - | 0 | 0 |
Capital expenditures | ||||||||
228,000 | 83,000 | 190,000 | 20,000 | 29,000 | 60,000 | 782,000 | 564,000 | 132,000 |
Buyout of Wind TE Holdco non-controlling interest | ||||||||
19,000 | 0 | 0 | - | - | - | - | - | - |
Receipt of indemnity from supplier | ||||||||
- | - | - | - | - | 57,000 | 0 | - | - |
(Increase) decrease in restricted cash | ||||||||
- | - | - | - | - | -25,000 | 90,000 | 12,000 | 4,000 |
Cash receipts from notes receivable | ||||||||
0 | -13,000 | -17,000 | -17,000 | -17,000 | -14,000 | 4,000 | -17,000 | 7,000 |
Proceeds from renewable energy grants | ||||||||
- | - | - | - | - | 422,000 | 25,000 | 28,000 | 0 |
Return of investment from unconsolidated affiliates | ||||||||
56,000 | 45,000 | 47,000 | 28,000 | 42,000 | 4,000 | 6,000 | - | - |
Investments in unconsolidated affiliates | ||||||||
13,000 | 34,000 | 73,000 | 83,000 | 402,000 | 2,000 | 0 | -27,000 | -88,000 |
Proceeds from sale of assets | ||||||||
20,000 | 0 | 0 | - | - | - | - | - | - |
Other | ||||||||
-6,000 | -11,000 | -7,000 | -4,000 | -9,000 | -11,000 | 0 | 2,000 | 2,000 |
Net Cash Used in Investing Activities | ||||||||
-468,000 | -185,000 | -442,000 | -131,000 | -1,098,000 | -741,000 | -965,000 | -594,000 | -219,000 |
Cash Flows from Financing Activities | ||||||||
Capital contributions from NRG | ||||||||
- | - | - | - | - | 2,000 | 171,000 | - | - |
Net contributions from noncontrolling interests | ||||||||
174,000 | 91,000 | 13,000 | 5,000 | 122,000 | 190,000 | 0 | - | - |
Net distributions and return of capital to NRG prior to the acquisition of Drop Down Assets | ||||||||
0 | 0 | 23,000 | 184,000 | 79,000 | 333,000 | 648,000 | 72,000 | - |
Net proceeds from the issuance of common stock | ||||||||
100,000 | 153,000 | 34,000 | 0 | 599,000 | 630,000 | 468,000 | 0 | 0 |
Payments of dividends and distributions | ||||||||
155,000 | 238,000 | 202,000 | 173,000 | 139,000 | 101,000 | 15,000 | 0 | 0 |
Proceeds from the revolving credit facility | ||||||||
152,000 | 35,000 | 55,000 | 60,000 | 551,000 | 500,000 | - | - | - |
Payments for the revolving credit facility | ||||||||
152,000 | 90,000 | 0 | 366,000 | 245,000 | 0 | 0 | - | - |
Proceeds from the issuance of long-term debt | ||||||||
1,215,000 | 827,000 | 210,000 | 740,000 | 293,000 | 523,000 | 933,000 | 308,000 | 61,000 |
Payments of debt issuance costs | ||||||||
25,000 | 14,000 | 12,000 | 15,000 | 13,000 | 36,000 | 5,000 | 12,000 | 3,000 |
Payments for long-term debt - external | ||||||||
1,484,000 | 810,000 | 332,000 | 269,000 | 735,000 | 626,000 | 72,000 | - | - |
Payments for long-term debt affiliate | ||||||||
- | - | - | - | - | - | -2,000 | - | - |
Gain(Loss) on settlement of swaptions | ||||||||
- | - | - | - | - | - | -4,000 | - | - |
Net Cash Used in Financing Activities | ||||||||
-175,000 | -46,000 | -257,000 | -202,000 | 354,000 | 749,000 | 834,000 | 536,000 | 180,000 |
Net Decrease in Cash, Cash Equivalents and Restricted Cash | ||||||||
-166,000 | 267,000 | -182,000 | 244,000 | -319,000 | 370,000 | 37,000 | -2,000 | -6,000 |
Interest paid, net of amount capitalized | ||||||||
313,000 | 292,000 | 297,000 | 271,000 | 279,000 | 192,000 | 63,000 | 17,000 | 17,000 |
(Reductions) Additions to fixed assets for accrued capital expenditures | ||||||||
-2,000 | -15,000 | 22,000 | 3,000 | 3,000 | -21,000 | 3,000 | 121,000 | 28,000 |
Decrease to fixed assets for accrued grants | ||||||||
- | - | - | - | - | 34,000 | 547,000 | -1,000 | 25,000 |
Decrease to fixed assets for deferred tax asset | ||||||||
- | - | - | - | 19,000 | -7,000 | 112,000 | 0 | - |
Non-cash adjustment for change in tax basis | ||||||||
28,000 | -7,000 | -20,000 | 44,000 | 38,000 | -14,000 | - | - | 0 |
Increase in debt due to accrued interest converted to debt | ||||||||
- | - | - | - | - | 11,000 | 0 | - | - |
Non-cash contributions from CEG, NRG, net of distributions | ||||||||
36,000 | 38,000 | -2,000 | 90,000 | 9,000 | -1,058,000 | - | - | - |