{"schema_version":"secwatch.filing_event.v1","accession":"0001603145-22-000053","form_type":"8-K","ticker":"XIFR","cik":"0001603145","company_name":"XPLR Infrastructure, LP","filed_at":"2022-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.372843+00:00","generated_at":"2026-06-21T00:50:33.717689+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NEP closes $710M initial sale of 69% Class B interests in NEP Renewables IV to OTPP","bullets":["Initial funding of ~$710M for ~69% noncontrolling Class B membership interests in NEP Renewables IV.","Final funding of ~$178M for additional ~17% Class B interests expected by Q3 2023.","NEP has buyout option from 5th to 10th anniversary at fixed pre-tax annual return of ~6.9%.","If no minimum buyout by 6.5 years, OTPP's distribution allocation rises to 99%.","Buyout may be paid in NEP non-voting common units at market price, cash, or a combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001603145-22-000053","json":"https://secwatch.observer/filing/0001603145-22-000053.json","markdown":"https://secwatch.observer/filing/0001603145-22-000053.md","text":"https://secwatch.observer/filing/0001603145-22-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1603145/000160314522000053/0001603145-22-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1603145/000160314522000053/nep-20221215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T00:50:33.717689+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4fb82cac5a5b040b00398e479f3cd903d1e248df","claim":"XPLR Infrastructure, LP entered into LLC Agreement with an affiliate of the Ontario Teachers' Pension Plan Board (OTPP) valued at approximately $710 million (effective 2022-12-15).","evidence_excerpt":"and NEP, NEP Renewables Holdings IV, and OTPP entered into the amended and restated limited liability company agreement of NEP Renewables IV (LLC Agreement).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314522000053/0001603145-22-000053-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"an affiliate of the Ontario Teachers' Pension Plan Board (OTPP)"},{"label":"Value","value":"approximately $710 million"},{"label":"Effective","value":"2022-12-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}