Nextera Energy Partners ( (XIFR) ) has released its Q2 earnings. Here is a breakdown of the information Nextera Energy Partners presented to its investors.
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XPLR Infrastructure, LP is a limited partnership focused on clean energy infrastructure, offering stable cash flows through its diversified portfolio of wind, solar, and battery storage projects in the U.S., along with natural gas pipeline assets in Pennsylvania. In its second-quarter 2025 earnings report, XPLR Infrastructure highlighted a solid performance with a net income of $79 million and an adjusted EBITDA of $557 million. The company also announced a significant transaction, signing a definitive agreement to sell its Meade pipeline investment for approximately $1,078 million, expected to close by the end of the third quarter. Key financial metrics showed a 6% increase in free cash flow before growth, reaching $261 million, driven by lower operating expenses and improved pricing. Additionally, XPLR completed 740 megawatts of repowering projects and secured over $1 billion in project financing commitments. Looking ahead, XPLR Infrastructure maintains its financial outlook for 2025 and 2026, with expectations for adjusted EBITDA between $1.85 billion to $2.05 billion in 2025 and $1.75 billion to $1.95 billion in 2026, despite the anticipated exclusion of contributions from the Meade pipeline investment. The company plans to use the proceeds from the pipeline sale to address debt obligations and enhance its financial flexibility.