---
schema_version: "secwatch.filing_event.v1"
accession: "0001603145-24-000002"
form_type: "8-K"
ticker: "XIFR"
cik: "0001603145"
company_name: "XPLR Infrastructure, LP"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:19:44.429767+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NextEra Energy Partners Q4 net income $112M; introduces 2024 run-rate EBITDA $1.9-2.1B

## Summary
- Q4 adjusted EBITDA $454M, CAFD $86M; FY adjusted EBITDA $1.875B (+13.6% YoY), CAFD $689M.
- Declares quarterly distribution $0.88/unit ($3.52 annualized), a 6% increase, payable Feb 14.
- Completed sale of Texas natural gas pipeline portfolio; proceeds to address equity buyouts.
- Plans to repower ~245 MW of wind (total ~985 MW) through 2026.
- 2024 run-rate guidance: adj. EBITDA $1.9-2.1B, CAFD $730-820M; no acquisition needed for 6% growth.

## SEC filing metadata
- accession: 0001603145-24-000002
- form_type: 8-K
- ticker: XIFR
- cik: 0001603145
- company_name: XPLR Infrastructure, LP
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603145/000160314524000002/0001603145-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603145/000160314524000002/nep-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603145-24-000002
- JSON: https://secwatch.observer/filing/0001603145-24-000002.json
- Plain text: https://secwatch.observer/filing/0001603145-24-000002.txt

## Key facts
- Earnings Releases
  XPLR Infrastructure, LP reported fourth-quarter 2023 results: net income NextEra Energy Partners also reported fourth-quarter 2023 adjusted EBITDA of $454 million and cash available for distrib.
  - Period: fourth-quarter 2023
  - Net income: NextEra Energy Partners also reported fourth-quarter 2023 adjusted EBITDA of $454 million and cash available for distrib
  - Result: reported results
  source text: NextEra Energy Partners, LP (NYSE: NEP) today reported fourth-quarter 2023 net income attributable to NextEra Energy Partners of $112 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603145/000160314524000002/0001603145-24-000002-index.htm
- Earnings Releases
  XPLR Infrastructure, LP reported fourth-quarter 2023 results: net income NextEra Energy Partners also reported fourth-quarter 2023 adjusted EBITDA of $454 million and cash available for distrib.
  - Period: fourth-quarter 2023
  - Net income: NextEra Energy Partners also reported fourth-quarter 2023 adjusted EBITDA of $454 million and cash available for distrib
  - Result: reported results
  source text: NextEra Energy Partners also reported fourth-quarter 2023 adjusted EBITDA of $454 million and cash available for distribution (CAFD) of $86 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603145/000160314524000002/0001603145-24-000002-index.htm
- Earnings Releases
  XPLR Infrastructure, LP reported year-end 2024 run-rate results: net income introducing Dec. 31, 2024, run-rate expectations for adjusted EBITDA in a range of $1.9 billion to $2.1 billion and CAFD. Guidance initiated.
  - Period: year-end 2024 run-rate
  - Net income: introducing Dec. 31, 2024, run-rate expectations for adjusted EBITDA in a range of $1.9 billion to $2.1 billion and CAFD
  - Guidance: initiated
  - Result: guidance update
  source text: NextEra Energy Partners is introducing Dec. 31, 2024, run-rate expectations for adjusted EBITDA in a range of $1.9 billion to $2.1 billion and CAFD in a range of $730 million to $820 million, reflecting calendar-year 2025 expectations for the forecasted portfolio at year-end 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603145/000160314524000002/0001603145-24-000002-index.htm
- Earnings Releases
  XPLR Infrastructure, LP reported full-year 2023 results: net income NextEra Energy Partners reported net income attributable to NextEra Energy Partners of $200 million..
  - Period: full-year 2023
  - Net income: NextEra Energy Partners reported net income attributable to NextEra Energy Partners of $200 million.
  - Result: reported results
  source text: For the full year 2023, NextEra Energy Partners reported net income attributable to NextEra Energy Partners of $200 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603145/000160314524000002/0001603145-24-000002-index.htm

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