{"schema_version":"secwatch.filing_event.v1","accession":"0001603145-23-000056","form_type":"8-K","ticker":"XIFR","cik":"0001603145","company_name":"XPLR Infrastructure, LP","filed_at":"2023-12-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.734299+00:00","generated_at":"2026-06-07T05:51:37.371115+00:00","sec_items":["1.01","2.01","3.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NextEra Energy Partners completes sale of Texas pipelines to Kinder Morgan for $1.815B","bullets":["Sold Texas natural gas pipeline assets to Kinder Morgan subsidiary for total cash consideration of approximately $1.815 billion.","NEP will recognize a gain on disposal; taxable gain allocated to NEE Equity via newly created Class P units of NEP OpCo.","NEP OpCo LP agreement amended to create Class P units issued to NEE Equity for tax allocation purposes.","Pro forma financials show removal of pipeline revenues; net income attributable to NEP reduced by ~$25M for nine months ended Sep 30, 2023.","Cash proceeds used partly to pay off $376M project debt and buy out STX Midstream membership interests for $201M."],"urls":{"canonical":"https://secwatch.observer/filing/0001603145-23-000056","json":"https://secwatch.observer/filing/0001603145-23-000056.json","markdown":"https://secwatch.observer/filing/0001603145-23-000056.md","text":"https://secwatch.observer/filing/0001603145-23-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1603145/000160314523000056/0001603145-23-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1603145/000160314523000056/nep-20231227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:51:37.371115+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":"68153eaf6800323b06ebdacb9412c7735749db34","claim":"XPLR Infrastructure, LP completed a disposition involving Kinder Morgan, Inc. for total cash consideration of approximately $1.815 billion (closed 2023-12-28).","evidence_excerpt":"to a subsidiary of Kinder Morgan, Inc. under the previously disclosed purchase and sale agreement dated November 6, 2023. NEP received total cash consideration of approximately $1.815 billion subject to post-closing working capital adjustments. As a result of this sale, NEP will recognize a gain on disposal of the Texas pipelines, which will be reflected in its","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314523000056/0001603145-23-000056-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Kinder Morgan, Inc."},{"label":"Consideration","value":"total cash consideration of approximately $1.815 billion"},{"label":"Closing","value":"2023-12-28"}],"fact_type":"ma_transaction"},{"claim_id":"e5bd367573d788e4ca705f65f00d15b30adf2ac3","claim":"XPLR Infrastructure, LP amended NEP OpCo LP Agreement with NEE Equity (effective 2023-12-27).","evidence_excerpt":"The NEP OpCo LP Agreement was amended and restated on December 27, 2023 to create a new class of units of NEP OpCo (Class P units) which were issued to NEE Equity.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1603145/000160314523000056/0001603145-23-000056-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"NEE Equity"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}