Strategic Repositioning of Business Model
XPLR Infrastructure announced a strategic shift to utilize retained cash flow for investments rather than issuing equity, aiming to self-fund growth and preserve balance sheet strength.
New Management Team
A new management team led by Alan Liu has been established, focusing on creating additional unitholder value through strategic capital allocation and leveraging the relationship with NextEra Energy.
Strong Asset Portfolio
XPLR Infrastructure owns a diverse set of high-quality generation assets totaling 10 gigawatts, with long-term contracts averaging 13 years in duration and high-credit-quality customers.
2024 Financial Performance
XPLR reported adjusted EBITDA of approximately $1.96 billion for the full year 2024, close to the midpoint of expectations.