---
schema_version: "secwatch.filing_event.v1"
accession: "0001603145-23-000039"
form_type: "8-K"
ticker: "XIFR"
cik: "0001603145"
company_name: "XPLR Infrastructure, LP"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:10:33.166358+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NextEra Energy Partners Q3 net income $53M; raises distribution 6%, plans 740 MW wind repowering

## Summary
- Q3 net income $53M; adjusted EBITDA $488M; CAFD $247M.
- Quarterly distribution raised 6% to $0.8675/unit ($3.47 annualized), payable Nov 14, record Nov 6.
- Plans to repower ~740 MW of wind facilities through 2026, funded by tax equity or project debt.
- Pipeline sale process continuing; proceeds expected to cover equity buyouts through 2025; completed $402M STX buyout via revolvers.
- 2023 run-rate guidance: adj. EBITDA $1.9-2.1B, CAFD $730-820M; no growth equity needed until 2027.

## SEC filing metadata
- accession: 0001603145-23-000039
- form_type: 8-K
- ticker: XIFR
- cik: 0001603145
- company_name: XPLR Infrastructure, LP
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603145/000160314523000039/0001603145-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603145/000160314523000039/nep-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603145-23-000039
- JSON: https://secwatch.observer/filing/0001603145-23-000039.json
- Plain text: https://secwatch.observer/filing/0001603145-23-000039.txt

## Key facts
- Earnings Releases
  XPLR Infrastructure, LP reported financial results for third-quarter 2023.
  - Period: third-quarter 2023
  - Result: reported results
  source text: NextEra Energy Partners also reported third-quarter 2023 adjusted EBITDA of $488 million and cash available for distribution (CAFD) of $247 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603145/000160314523000039/0001603145-23-000039-index.htm
- Earnings Releases
  XPLR Infrastructure, LP updated its year-end 2023 run-rate guidance (reaffirmed).
  - Period: year-end 2023 run-rate
  - Guidance: reaffirmed
  - Result: guidance update
  source text: NextEra Energy Partners expects run-rate contributions for adjusted EBITDA and CAFD from its forecasted portfolio at Dec. 31, 2023, to be in the ranges of $1.9 billion to $2.1 billion and $730 million to $820 million, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603145/000160314523000039/0001603145-23-000039-index.htm
- Earnings Releases
  XPLR Infrastructure, LP updated its 2023 guidance (reaffirmed).
  - Period: 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: For 2023, the partnership currently expects the annualized rate of the fourth-quarter 2023 distribution that is payable in February of 2024 to be $3.52 per common unit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603145/000160314523000039/0001603145-23-000039-index.htm

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