Segment and geographic information (Tables)

6 Months Ended

Jun. 30, 2020

Segment and geographic information

Reconciliation of Project Adjusted EBITDA to net income (loss) from continuing operations

	Solid Fuel		Natural Gas		Hydroelectric		Corporate		Consolidated
Three Months Ended June 30, 2020
Project revenues	$	17.3	$	26.9	$	17.9	$	0.2	$	62.3
Segment assets		217.7		218.8		357.6		54.8		848.9
Project Adjusted EBITDA	$	(1.6)	$	23.8	$	14.8	$	(0.3)	$	36.7
Change in fair value of derivative instruments		—		(2.5)		—		(0.6)		(3.1)
Depreciation and amortization		5.6		8.9		4.9		—		19.4
Interest, net		0.7		—		—		—		0.7
Other project expense		—		—		—		—		—
Project (loss) income		(7.9)		17.4		9.9		0.3		19.7
Administration		—		—		—		4.5		4.5
Interest expense, net		—		—		—		10.2		10.2
Foreign exchange loss		—		—		—		9.3		9.3
Other income, net		—		—		—		(1.5)		(1.5)
Net (loss) income before income taxes		(7.9)		17.4		9.9		(22.2)		(2.8)
Income tax expense		—		—		—		1.2		1.2
Net (loss) income	$	(7.9)	$	17.4	$	9.9	$	(23.4)	$	(4.0)

	Solid Fuel		Natural Gas		Hydroelectric		Corporate		Consolidated
Three Months Ended June 30, 2019
Project revenues	$	18.6	$	30.0	$	22.5	$	0.2	$	71.3
Segment assets		261.2		262.1		382.9		96.4		1,002.6
Project Adjusted EBITDA	$	8.3	$	22.9	$	19.3	$	0.3	$	50.8
Change in fair value of derivative instruments		—		2.4		—		4.6		7.0
Depreciation and amortization		5.9		9.2		4.9		—		20.0
Interest, net		0.8		—		—		—		0.8
Other project expense		—		1.3		—		—		1.3
Project income (loss)		1.6		10.0		14.4		(4.3)		21.7
Administration		—		—		—		5.0		5.0
Interest expense, net		—		—		—		11.0		11.0
Foreign exchange loss		—		—		—		4.9		4.9
Other income, net		—		—		—		(3.7)		(3.7)
Net income (loss) before income taxes		1.6		10.0		14.4		(21.5)		4.5
Income tax expense		—		—		—		1.6		1.6
Net income (loss)	$	1.6	$	10.0	$	14.4	$	(23.1)	$	2.9

	Solid Fuel		Natural Gas		Hydroelectric		Corporate		Consolidated
Six Months Ended June 30, 2020
Project revenues	$	40.6	$	57.7	$	36.2	$	0.5	$	135.0
Segment assets		217.7		218.8		357.6		54.8		848.9
Project Adjusted EBITDA	$	6.2	$	52.0	$	30.1	$	(0.7)	$	87.6
Change in fair value of derivative instruments		—		(3.0)		—		5.5		2.5
Depreciation and amortization		11.2		18.2		9.8		0.1		39.3
Interest, net		1.4		—		—		—		1.4
Other project expense		—		—		—		—		—
Project (loss) income		(6.4)		36.8		20.3		(6.3)		44.4
Administration		—		—		—		11.2		11.2
Interest expense, net		—		—		—		21.0		21.0
Foreign exchange gain		—		—		—		(11.3)		(11.3)
Other expense, net		—		—		—		1.1		1.1
Net (loss) income before income taxes		(6.4)		36.8		20.3		(28.3)		22.4
Income tax expense		—		—		—		2.7		2.7
Net (loss) income	$	(6.4)	$	36.8	$	20.3	$	(31.0)	$	19.7

	Solid Fuel		Natural Gas		Hydroelectric		Corporate		Consolidated
Six Months Ended June 30, 2019
Project revenues	$	38.3	$	64.5	$	41.0	$	0.5	$	144.3
Segment assets		261.2		262.1		382.9		96.4		1,002.6
Project Adjusted EBITDA	$	18.4	$	51.0	$	34.9	$	0.2	$	104.5
Change in fair value of derivative instruments		—		2.7		—		6.7		9.4
Depreciation and amortization		11.8		18.7		9.7		—		40.2
Interest, net		1.5		—		—		—		1.5
Other project expense		—		1.2		—		—		1.2
Project income (loss)		5.1		28.4		25.2		(6.5)		52.2
Administration		—		—		—		11.8		11.8
Interest expense, net		—		—		—		22.1		22.1
Foreign exchange loss		—		—		—		9.9		9.9
Other expense, net		—		—		—		0.9		0.9
Net income (loss) before income taxes		5.1		28.4		25.2		(51.2)		7.5
Income tax expense		—		—		—		2.2		2.2
Net income (loss)	$	5.1	$	28.4	$	25.2	$	(53.4)	$	5.3

Schedule of revenue and property, plant and equipment by country

The tables below provide information, by country, about our consolidated operations for the three and six months ended June 30, 2020 and 2019 and for Property, Plant and Equipment, PPAs and other intangible assets and total assets as of June 30, 2020 and December 31, 2019, respectively. Revenue is recorded in the country in which it is earned and assets are recorded in the country in which they are located.

	Project revenue
	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
United States	$	45.0	$	52.5	$	93.5	$	104.6
Canada		17.3		18.8		41.5		39.7
Total	$	62.3	$	71.3	$	135.0	$	144.3

	Property, Plant and				PPAs and
	Equipment, net of				other intangible assets, net of
	accumulated depreciation				accumulated amortization				Total assets
	June 30, 2020		December 31, 2019		June 30, 2020		December 31, 2019		June 30, 2020		December 31, 2019
United States	$	357.3	$	353.9	$	130.2	$	142.8	$	676.9	$	762.3
Canada		136.3		148.2		1.1		1.5		172.0		173.3
Total	$	493.6	$	502.1	$	131.3	$	144.3	$	848.9	$	935.6