XPLR Infrastructure, LP operates as one of the largest independent power producers in the United States, managing a 10-gigawatt clean energy portfolio across more than 30 states. The company's principal business involves acquiring and operating contracted renewable energy assets, primarily utility-scale wind and solar power facilities, as well as co-located and stand-alone battery storage projects. Originally formed in 2014 as NextEra Energy Partners, the partnership underwent a strategic repositioning and rebranding in early 2025 to focus on self-funding investments and disciplined capital allocation. NextEra Energy maintains a majority indirect ownership stake in the partnership and continues to provide operational and management support. The company's assets are characterized by long-term power purchase agreements, providing stable cash flows to support its operations and growth initiatives.
