NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Dec. 31, 2019

The following table provides additional information regarding Noncontrolling interests as presented in our Consolidated Statements of Financial Position:



December 31,	2019	2018
(millions of Canadian dollars)
Algonquin Gas Transmission, L.L.C	394	518
Maritimes & Northeast Pipeline, L.L.C	579	613
Renewable energy assets¹	1,864	1,961
Westcoast Energy Inc.²	527	841
Other	—	32
	3,364	3,965

On August 1, 2018, we closed the sale of 49% of our interest in the Renewable Assets (Note 8). The remaining balance represents the tax equity investors' interests in Magic Valley, Wildcat, Keechi, New Creek and Chapman Ranch wind facilities, with an additional 20.0% noncontrolling interest in each of the Magic Valley and Wildcat wind facilities held by third parties as at December 31, 2019 and 2018.


2	Represents the 16.6 million cumulative redeemable preferred shares as at December 31, 2019 and 2018, nil and 12 million cumulative first preferred shares as at December 31, 2019 and 2018, respectively, held by third parties in Westcoast Energy Inc., in addition to the 22.2% interest in Maritimes & Northeast Pipeline Limited Partnership held by third parties as at December 31, 2019 and 2018.

Schedule of redeemable noncontrolling interests

The following table presents additional information regarding Redeemable noncontrolling interests as presented in our Consolidated Statements of Financial Position:



Year ended December 31,	2018		2017
(millions of Canadian dollars)
Balance at beginning of year	4,067		3,392
Earnings attributable to redeemable noncontrolling interests	117		175
Other comprehensive income/(loss), net of tax
Change in unrealized loss on cash flow hedges	3		(21	)
Other comprehensive loss from equity investees	14		—
Reclassification to earnings of loss on cash flow hedges	—		57
Foreign currency translation adjustments	4		(6	)
Other comprehensive income/(loss), net of tax	21		30
Distributions to unitholders	(300	)	(247	)
Contributions from unitholders	70		1,178
Modified retrospective adoption of accounting standard	(38	)	—
Net dilution gain/(loss)	76		(169	)
Redemption value adjustment	456		(292	)
Sponsored vehicle buy-in¹	(4,469	)	—
Balance at end of year	—		4,067

On November 8, 2018, we executed the definitive agreement with ENF and acquired all of the publicly held shares of ENF not already owned by us or our subsidiaries.