Stonepeak-Plus Infrastructure Fund LP Files 10-Q

TL;DR

Stonepeak-Plus Infrastructure Fund LP 10-Q filed. Operations update for H1 2025.

AI Summary

Stonepeak-Plus Infrastructure Fund LP filed its 10-Q for the period ending June 30, 2025. The filing covers operations from January 1, 2025, to June 30, 2025, and includes data related to various unit classes such as ClassA1AUnitsMember and ClassF1UnitsMember. The company's principal business is Investment Advice, and its principal executive offices are located at 55 Hudson Yards in New York, NY.

Why It Matters

This filing provides investors with a financial update on the Stonepeak-Plus Infrastructure Fund LP's performance and operations for the first half of 2025.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing operational and financial data, not indicating immediate significant risks.

Key Numbers

• 20250630 — Reporting Period End Date (Indicates the end of the fiscal quarter for this filing.)
• 20250814 — Filing Date (The date the 10-Q was officially submitted to the SEC.)

Key Players & Entities

• Stonepeak-Plus Infrastructure Fund LP (company) — Filer of the 10-Q
• June 30, 2025 (date) — End of reporting period
• January 1, 2025 (date) — Start of reporting period
• 55 Hudson Yards, New York, NY (location) — Principal executive offices

FAQ

Filing Documents

• sp-20250630.htm (10-Q) — 2922KB
• exhibit311q22025.htm (EX-31.1) — 9KB
• exhibit312q22025.htm (EX-31.2) — 8KB
• exhibit321q22025.htm (EX-32.1) — 6KB
• exhibit322q22025.htm (EX-32.2) — 5KB
• sp-20250630_g1.gif (GRAPHIC) — 7KB
• sp-20250630_g2.gif (GRAPHIC) — 7KB
• sp-20250630_g3.gif (GRAPHIC) — 7KB
• 0002045458-25-000009.txt ( ) — 12775KB
• sp-20250630.xsd (EX-101.SCH) — 49KB
• sp-20250630_cal.xml (EX-101.CAL) — 38KB
• sp-20250630_def.xml (EX-101.DEF) — 449KB
• sp-20250630_lab.xml (EX-101.LAB) — 475KB
• sp-20250630_pre.xml (EX-101.PRE) — 545KB
• sp-20250630_htm.xml (XML) — 2454KB

- Financial Information

Part I - Financial Information 4 Item 1.

Financial Statements (Unaudited)

Financial Statements (Unaudited) 4 Condensed Consolidated Financial Statements of Stonepeak-Plus Infrastructure Fund LP: Condensed Consolidated Statements of Assets and Liabilities as of June 30, 2025 and December 31, 2024 4 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2025 and 2024 5 Condensed Consolidated Statements of Changes in Net Assets for the Three and Six Months Ended June 30, 2025 6 Condensed Consolidated Statement of Cash Flows for the Six Months Ended June 30, 2025 7 Condensed Consolidated Schedule of Investments as of June 30, 2025 8 Notes to Condensed Consolidated Financial Statements 9 Condensed Consolidated Financial Statements of Stonepeak-Plus Infrastructure Fund Master Aggregator LP: Condensed Consolidated Statements of Assets and Liabilities as of June 30, 2025 and December 31, 2024 23 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2025 24 Condensed Consolidated Statements of Changes in Net Assets for the Three and Six Months Ended June 30, 2025 25 Condensed Consolidated Statement of Cash Flows for the Six Months Ended June 30, 2025 26 Condensed Consolidated Schedule of Investments as of June 30, 2025 27 Notes to Condensed Consolidated Financial Statements 29 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 38 Item 3.

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 43 Item 4.

Controls and Procedures

Controls and Procedures 44

- Other Information

Part II - Other Information 44 Item 1.

Legal Proceedings

Legal Proceedings 44 Item 1A.

Risk Factors

Risk Factors 44 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 45 Item 3. Defaults Upon Senior Securities 45 Item 4. Mine Safety Disclosures 45 Item 5. Other Information 45 Item 6. Exhibits 46

Signatures

Signatures 47 2 EXPLANATORY NOTE Unless the context otherwise requires, references in this Quarterly Report on Form 10-Q to: the term " Aggregators " refers to Stonepeak-Plus Infrastructure Fund Aggregator I LP , a Delaware series limited partnership, the Master Aggregator (as defined below), and any other vehicle(s) used to aggregate the holdings of the Fund and any Parallel Funds; the term " Feeder Fund " refers to Stonepeak-Plus Infrastructure Fund (TE) LP, a Delaware limited partnership; the terms " Fund, " " Partnership, " " we, " " us, " and " our " refer to Stonepeak-Plus Infrastructure Fund LP, a Delaware limited partnership; the term " General Partner " refers to Stonepeak-Plus Infrastructure Fund Associates LP, a Delaware limited partnership, our general partner; the term " Intermediate Entities " refers to one or more entities through which the General Partner or any of its affiliates may, in its sole discretion, cause the Fund and any Parallel Funds to hold certain investments, including (a) entities that may elect to be classified as corporations for U.S. federal income tax purposes, whether formed in a U.S. or non-U.S. jurisdiction (each, a "Corporation"), (b) one or more limited liability companies, limited partnerships or other similar entities (each, a "Lower Fund"), and (c) the Aggregators; the term " Investment Advisor " refers to Stonepeak-Plus Infrastructure Fund Advisors LLC, a Delaware limited liability company, our investment advisor; the term " Lux Fund " refers to Stonepeak-Plus Infrastructure Fund S.A. SICAV – UCI Part II, a Luxembourg multi-compartment investment company with variable capital, available to investors primarily domiciled in countries of the European Economic Area, the United Kingdom, Switzerland, Asia and certain other jurisdictions, together with its master fund, feeder funds, parallel funds and other related entities; the term " Master Aggregato r" refers to Stonepeak-Plus Infrastructure Fund Ma

FORWARD-LOOKING STATEMENTS

FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q may contain forward-looking statements, which involve certain known and unknown risks and uncertainties. Forward-looking statements predict or describe our future operations, business plans, business and investment strategies and portfolio management and the performance of our investments. These forward-looking statements are generally identified by their use of such terms and phrases as "intend," "goal," "estimate," "expect," "project," "projections," "plans," "seeks," "anticipates," "will," "should," "could," "may," "designed to," "foreseeable future," "believe," "scheduled" and similar expressions. Our actual results or outcomes may differ materially from those anticipated. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Potential investors should not rely on these statements as if they were fact. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements, including the factors described elsewhere in this Quarterly Report on Form 10-Q and in "Item 1A. Risk Factors" in the Quarterly Report on Form 10-Q for the period ended March 31, 2025 and in the Amendment No. 1 to Form 10 Registration factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary representation by us that our plans and objectiv

View Full Filing

View this 10-Q filing on SEC EDGAR