XPLR Infrastructure, LP Files 8-K for Material Agreement
Ticker: XIFR · Form: 8-K · Filed: Aug 11, 2025 · CIK: 1603145
| Field | Detail |
|---|---|
| Company | Xplr Infrastructure, LP (XIFR) |
| Form Type | 8-K |
| Filed Date | Aug 11, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.1 b |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, sec-filing, infrastructure
TL;DR
XPLR Infrastructure just signed a big deal, filing an 8-K with SEC. Expect updates.
AI Summary
On August 7, 2025, XPLR Infrastructure, LP entered into a Material Definitive Agreement. The filing also includes financial statements and exhibits related to this agreement. The company, formerly known as NextEra Energy Partners, LP, is based in Juno Beach, Florida.
Why It Matters
This 8-K filing indicates a significant new contract or deal for XPLR Infrastructure, LP, which could impact its future financial performance and operations.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, the specifics of which are not detailed in this summary filing.
Key Numbers
- 001-36518 — Commission File Number (Identifies the SEC filing)
- 30-0818558 — IRS Employer Identification Number (Tax identification for the company)
Key Players & Entities
- XPLR Infrastructure, LP (company) — Registrant
- August 7, 2025 (date) — Date of earliest event reported
- NextEra Energy Partners, LP (company) — Former company name
- 700 Universe Boulevard Juno Beach, Florida 33408 (location) — Principal executive offices
- 561-694-4000 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the Material Definitive Agreement filed on August 7, 2025?
The filing indicates the entry into a Material Definitive Agreement on August 7, 2025, but the specific details of the agreement are not provided in this summary.
When was XPLR Infrastructure, LP formerly known as NextEra Energy Partners, LP?
The company was formerly known as NextEra Energy Partners, LP, with a date of name change noted as February 23, 2021, and previously as NextEra Energy Partners, LP with a date of name change on March 19, 2014.
What is the principal business address of XPLR Infrastructure, LP?
The principal executive offices are located at 700 Universe Boulevard, Juno Beach, Florida 33408.
What is the SIC code for XPLR Infrastructure, LP?
The Standard Industrial Classification (SIC) code is 4911 for Electric Services.
What items are covered in this 8-K filing?
This 8-K filing covers Item Information regarding Entry into a Material Definitive Agreement and Financial Statements and Exhibits.
Filing Stats: 694 words · 3 min read · ~2 pages · Grade level 14 · Accepted 2025-08-11 16:17:30
Key Financial Figures
- $1.1 b — tal cash consideration of approximately $1.1 billion, subject to adjustment for lease
Filing Documents
- xplr-20250807.htm (8-K) — 25KB
- exhibit21toxplrdated08x07x.htm (EX-2.1) — 686KB
- xplr-20250807_g1.jpg (GRAPHIC) — 185KB
- 0001603145-25-000042.txt ( ) — 1381KB
- xplr-20250807.xsd (EX-101.SCH) — 2KB
- xplr-20250807_lab.xml (EX-101.LAB) — 21KB
- xplr-20250807_pre.xml (EX-101.PRE) — 12KB
- xplr-20250807_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement On August 7, 2025, Meade Pipeline Investment, LLC, Redwood Midstream, LLC and River Road Interests LLC (the sellers), all indirect subsidiaries of XPLR, entered into a purchase and sale agreement with APC Holdings II, L.P. and ACI Meade Member, LLC, affiliates of funds managed or advised by Ares Management LLC or one its affiliates (the purchasers). Pursuant to the terms of the purchase and sale agreement, the purchasers agreed to acquire all of sellers' interests in Meade Pipeline Co, LLC (Meade), which owns an investment in natural gas pipeline assets in Pennsylvania, and Redwood Meade Midstream MPC, LLC, which owns a 15% interest in Meade. The purchase and sale agreement contains customary representations, warranties and covenants by the parties. In addition, each of the parties is obligated, subject to certain limitations, to indemnify the others for certain customary and other specified matters, including breaches of representations and warranties, non-fulfillment or breaches of covenants and for certain liabilities and third-party claims. XPLR plans for the sale to close by the end of the third quarter of 2025 for total cash consideration of approximately $1.1 billion, subject to adjustment for lease payments accrued at the time of close. The transaction is subject to the receipt of Hart-Scott-Rodino antitrust approval, repayment of project-level indebtedness and satisfaction of customary closing conditions. The foregoing description of the purchase and sale agreement is qualified in its entirety by the text of the purchase and sale agreement which is filed as Exhibit 2.1 to this Current Report on Form 8-K and incorporated herein by reference. SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 2.1 Purchase and Sale Agreement by and among Meade Pipeline Investment, LLC, Redwood Midstream, LLC and River Road Interests LLC, as Sellers, APC Holdings II, L.P. and ACI Meade Member, LLC, as Buyers, and, solely for the Limited Purposes, XPLR Infrastructure Operating Partners, LP, dated as of August 7, 2025 101 Interactive data files for this Form 8-K formatted in Inline XBRL 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: August 11, 2025 XPLR INFRASTRUCTURE, LP (Registrant) WILLIAM J. GOUGH William J. Gough Controller (Principal Accounting Officer)