Discontinued — last reported Q3 '24
Renewable Power Generation — Other income / (expense)
Enbridge Renewable Power Generation — Other income / (expense) decreased by 92.9% to $2.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 95.6%, from $45.00M to $2.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests positive contributions from non-core financial activities like favorable currency movements or investment income, while a decrease may indicate non-operating losses or reduced peripheral income.
Detailed definition
This metric represents non-operating financial gains or losses generated by the renewable power segment that are not der...
Peer comparison
Similar to 'Other Income/Expense' found in the segment reporting of other diversified energy or utility companies, though often smaller in scale compared to core operating income.
enb_segment_renewable_power_generation_other_income_expenseHistorical Data
| Q3 '22 | Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|
| Value | 26M | 16M | 45M | 28M | 2M |
| QoQ Change | — | -38.5% | +181.3% | -37.8% | -92.9% |
| YoY Change | — | — | +73.1% | +75.0% | -95.6% |
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Frequently Asked Questions
- What is Enbridge's renewable power generation — other income / (expense)?
- Enbridge (ENB) reported renewable power generation — other income / (expense) of $2.00M in Q3 2024.
- How has Enbridge's renewable power generation — other income / (expense) changed year-over-year?
- Enbridge's renewable power generation — other income / (expense) decreased by 95.6% year-over-year, from $45.00M to $2.00M.
- What does renewable power generation — other income / (expense) mean?
- Non-operating financial gains or losses specifically attributed to the renewable energy business segment.