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Equity Method Investments
12 Months Ended
Dec. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
EQUITY METHOD INVESTMENTS (Entergy Corporation)

As of December 31, 2015, Entergy owns investments in the following companies that it accounts for under the equity method of accounting:
Investment
 
Ownership
 
Description
 
 
 
 
 
 
RS Cogen LLC
 
50
%
member interest
 
Co-generation project that produces power and steam on an industrial and merchant basis in the Lake Charles, Louisiana area.
 
 
 
 
 
 
Top Deer
 
50
%
member interest
 
Wind-powered electric generation joint venture.


Following is a reconciliation of Entergy’s investments in equity affiliates:
 
2015
 
2014
 
2013
 
(In Thousands)
Beginning of year

$36,234

 

$40,350

 

$46,738

Loss from the investments
(36,269
)
 
(5,169
)
 
(1,702
)
Other adjustments
4,376

 
1,053

 
(4,686
)
End of year

$4,341

 

$36,234

 

$40,350



Loss from the investments in 2015 includes a $36.8 million pre-tax impairment charge resulting from a write-down of the generating assets of Top Deer, of which Entergy’s owns a 50% interest.

Transactions with equity method investees

Entergy Louisiana purchased approximately $3.2 million in 2013 of electricity generated from Entergy’s share of RS Cogen. Entergy Louisiana made no purchases in 2015 and 2014 of electricity generated from Entergy’s share of RS Cogen.

EWO Marketing, LLC, an indirect wholly-owned subsidiary of Entergy, paid capacity charges and gas transportation to RS Cogen in the amounts of $24.5 million, $23.1 million, and $22.9 million for 2015, 2014, and 2013, respectively.
Entergy’s operating transactions with its other equity method investees were not significant in 2015, 2014, or 2013.