{"schema_version":"secwatch.filing_event.v1","accession":"0001603145-23-000020","form_type":"8-K","ticker":"XIFR","cik":"0001603145","company_name":"XPLR Infrastructure, LP","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.617934+00:00","generated_at":"2026-06-15T02:33:04.187212+00:00","sec_items":["1.01","3.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NEP suspends IDR fees through 2026, plans natural gas pipeline asset sales to fund buyouts","bullets":["IDR fee suspended for four years starting Jan 1, 2023 through Dec 31, 2026, retaining more cash for distributions.","Plans to sell natural gas pipeline assets; proceeds to purchase noncontrolling Class B interests in South Texas Midstream, NEP Renewables II, and NextEra Energy Partners Pipelines.","Asset sale proceeds also intended to finance growth through 2024; risk factor filed if sale fails or proceeds insufficient.","If sale unsuccessful, NEP may need alternative capital sources, potentially impacting growth and buyouts."],"urls":{"canonical":"https://secwatch.observer/filing/0001603145-23-000020","json":"https://secwatch.observer/filing/0001603145-23-000020.json","markdown":"https://secwatch.observer/filing/0001603145-23-000020.md","text":"https://secwatch.observer/filing/0001603145-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1603145/000160314523000020/0001603145-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1603145/000160314523000020/nep-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T02:33:04.187212+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":"c1388de771badaa7a9b7b0439edf96d1a5dd1a4d","claim":"XPLR Infrastructure, LP amended Fourth Amended and Restated Management Services Agreement with NextEra Energy Management Partners, LP (effective 2023-05-08).","evidence_excerpt":"Fourth Amended and Restated Management Services Agreement (MSA) to suspend the incentive distribution rights (IDR) fee to NEE Management or any permitted assignee of NEE Management in respect of each calendar quarter beginning with the IDR fee related to the period commencing on (and including) January 1, 2023 and expiring on (and including) December 31, 2026","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314523000020/0001603145-23-000020-index.htm","confidence":0.8,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"NextEra Energy Management Partners, LP"},{"label":"Effective","value":"2023-05-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}