XPLR Infrastructure, LP
investor.xplrinfrastructure.comXPLR Infrastructure LP (NYSE: XIFR) is an energy infrastructure limited partnership that owns and operates clean energy assets. The partnership generates revenue through its portfolio of power generation and related infrastructure projects, with management services provided under a Fifth Amended and Restated Management Services Agreement with NextEra Energy Management Partners, LP. XPLR Infrastructure is externally managed and affiliated with NextEra Energy, Inc. (NEE), with NextEra Energy Resources, LLC serving as the operational subcontractor. The partnership is structured as a master limited partnership with unitholders receiving distributions based on target quarterly distribution levels, and management fees include an IDR fee component tied to those distribution targets. Clean energy tax credits, including production tax credits and investment tax credits, are relevant to the economics of the underlying assets. The partnership files with the U.S. Securities and Exchange Commission and its units are listed on the New York Stock Exchange.
Products & Services
Clean energy power generation assets; production tax credit and investment tax credit eligible projects; infrastructure managed under an administrative services agreement and management services agreement.
Revenue Model
Revenue is generated through clean energy infrastructure assets owned by the partnership, managed externally under a management services agreement with NextEra Energy Management Partners, LP. IDR fees are paid to NEE Management based on achievement of target quarterly distribution levels.
Customers & Markets
The filing excerpts do not provide sufficient detail on specific customers or end market breakdowns to support a characterization.
Geographic Exposure
United States, with regulatory oversight from FERC and land use involving the U.S. Bureau of Land Management; specific geographic asset distribution is not detailed in the filing excerpts provided.
Financial Snapshot
Loading...
