XPLR Infrastructure LP
NYSE:XIFR

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XPLR Infrastructure LP Logo
XPLR Infrastructure LP
NYSE:XIFR
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Price: 10 USD -1.86% Market Closed
Market Cap: $939.7m

XPLR Infrastructure LP
Investor Relations

XPLR Infrastructure LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. The company is headquartered in Juno Beach, Florida. The company went IPO on 2014-06-26. The firm owns clean energy infrastructure assets with a focus on contracted renewable energy projects. The company is focused on creating value for its unitholders through disciplined capital allocation of the cash flows generated by its assets and is positioning itself to benefit from the expected long-term growth in the United States energy markets. The Company’s portfolio of contracted clean energy assets consists of wind, solar and battery storage projects in the United States, as well as contracted natural gas pipeline assets in Pennsylvania. The firm owns a controlling, non-economic general partner interest and a 48.6% limited partner interest in NEP OpCo. Through NEP OpCo, the Company owns, or has a partial ownership interest in, a portfolio of contracted renewable energy assets and natural gas pipeline assets.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 10, 2026
AI Summary
Q4 2025

Strong Results: XPLR delivered full-year adjusted EBITDA of $1.88 billion and free cash flow before growth of $746 million, highlighting the strong cash flow generation of its contracted energy assets.

Capital Structure Simplification: The company reduced over $1.1 billion in third-party non-controlling equity interests and completed planned asset sales, supporting a $250 million reduction in future corporate debt issuance.

Repowering and Storage Growth: XPLR updated its wind repowering plan from 1.6 to 2.1 gigawatts through 2030 and announced a new partnership to add up to 200 net megawatts of battery storage with NextEra Energy Resources.

2026 Guidance Reiterated: For 2026, XPLR expects adjusted EBITDA of $1.75–$1.95 billion and free cash flow before growth of $600–$700 million, assuming normal conditions.

Focused Investment: Management emphasized using retained cash flows for CEPF buyouts and selected investments, while continuing to manage liabilities and avoid new equity issuance.

Liquidity and Leverage Discipline: The company reduced its revolver size to $1.25 billion, maintaining a strong liquidity position to support its capital plan and balance sheet priorities.

Analyst Q&A: Management clarified that battery storage projects will impact results starting in 2028 and confirmed a disciplined, option-driven approach to capital allocation and asset monetization.

Key Financials
Adjusted EBITDA
$1.88 billion
Free Cash Flow Before Growth
$746 million
Third-Party Non-Controlling Equity Interest Reduction
$1.1 billion
Net Proceeds from Asset Sales
$160 million
Corporate Revolving Credit Facility
$1.25 billion (fully undrawn)
Wind Repowering Program Completion
1.3 gigawatts completed
Battery Storage Capacity Addition
Up to 200 net megawatts
Project Financing Commitments Raised
$1.6 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Alan Liu
President & CEO
No Bio Available
Ms. Jessica Geoffroy
Chief Financial Officer
No Bio Available
Mr. James Michael May
Controller
No Bio Available
Mr. David Flechner
Corporate Secretary
No Bio Available

Contacts

Address
FLORIDA
Juno Beach
700 Universe Boulevard
Contacts
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