---
schema_version: "secwatch.filing_event.v1"
accession: "0001603145-22-000026"
form_type: "8-K"
ticker: "XIFR"
cik: "0001603145"
company_name: "XPLR Infrastructure, LP"
filed_at: "2022-06-14T23:59:59+00:00"
generated_at: "2026-06-25T02:00:22.369713+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001603145-22-000026
- form_type: 8-K
- ticker: XIFR
- cik: 0001603145
- company_name: XPLR Infrastructure, LP
- filed_at: 2022-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603145/000160314522000026/0001603145-22-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603145/000160314522000026/nep-20220609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603145-22-000026
- JSON: https://secwatch.observer/filing/0001603145-22-000026.json
- Plain text: https://secwatch.observer/filing/0001603145-22-000026.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.