earnings
confidence high
sentiment neutral
materiality 0.55
XPLR Infrastructure Q2 net income $38M, adj. EBITDA $523M, FCFBG $257M; reaffirms FY guidance
XPLR Infrastructure, LP
- Q2 net income $38M; adjusted EBITDA $523M; free cash flow before growth $257M.
- Completed first minimum buyout of CEPF 5 for ~$150M; fully repaid $500M convertible notes with available cash.
- Approximately 50% of planned 2026 repowerings completed; formed battery storage JVs with NextEra Energy Resources.
- Reaffirms 2026 adjusted EBITDA guidance of $1.75B-$1.95B and FCFBG of $600M-$700M.