8-K
filed January 28, 2025, 6:59 PM ET
ticker XIFR
CIK 0001603145
leadership
confidence high
sentiment neutral
materiality 0.90
XPLR Infrastructure (f/k/a NextEra Energy Partners) appoints new CEO and CFO, amends Genesis Solar buyout agreement
XPLR Infrastructure, LP
- Partnership renamed from NextEra Energy Partners, LP to XPLR Infrastructure, LP effective Jan 23, 2025.
- CEO John Ketchum, President Rebecca Kujawa, and CFO Brian Bolster resigned; Alan Liu appointed CEO/President and Jessica Geoffroy CFO on Jan 27, 2025.
- XPLR Member obtained option to extend buyout of Genesis Solar Class B interests from Dec 2030 to Dec 2034, with conditions including ~$945M NEP Renewables II purchase by June 2025.
- Partnership announced Q4 and full-year 2024 financial results via news release on Jan 28, 2025.
- Risk factors related to repowering, development, and reliance on clean energy incentives were filed with the 8-K.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brian W. Bolster resigned as Chief Financial Officer at XPLR Infrastructure, LP.
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
and Brian W. Bolster, Chief Financial Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jessica Geoffroy was appointed as Chief Financial Officer at XPLR Infrastructure, LP.
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
• Jessica Geoffroy, age 38, as Chief Financial Officer of the Partnership effective on January 27, 2025.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James M. May departed as Controller at XPLR Infrastructure, LP.
- Action
- resigned as Chief Accounting Officer, continues as Controller
- Role
- Controller
Exact text from the filing
In addition on that day James M. May resigned as Chief Accounting Officer of the Partnership, but Mr. May will continue to serve as Controller
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John W. Ketchum resigned as Chief Executive Officer at XPLR Infrastructure, LP.
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
On January 27, 2025, the following individuals resigned as officers of the Partnership as part of management changes accompanying the Partnership's strategic repositioning: John W. Ketchum, Chief Executive Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Rebecca J. Kujawa resigned as President at XPLR Infrastructure, LP.
- Action
- resigned
- Role
- President
Exact text from the filing
Rebecca J. Kujawa, President;
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alan Liu was appointed as President and Chief Executive Officer at XPLR Infrastructure, LP.
- Action
- appointed
- Role
- President and Chief Executive Officer
Exact text from the filing
appointed: • Alan Liu, age 42, as President and Chief Executive Officer of the Partnership effective on January 27, 2025.
View on SEC.gov
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