NextEra Energy Partners caps IDR fees at $39.25M/qtr; boosts 2022 run-rate EBITDA/CAFD guidance

XPLR Infrastructure, LP

IDR fee capped at $39.25M/quarter ($157M/year) if quarterly distributions >= $0.7625/unit ($3.05 annualized).
Extends distribution growth target of 12-15% annually through at least 2025 from Q4 2021 base of $2.83/unit.
Raises year-end 2022 run-rate adjusted EBITDA guidance to $1.785B-$1.985B and CAFD to $685M-$775M.
New IDR cap reduces future fee burden; prior structure had no cap and could rise with distribution growth.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.