The story
XPLR Infrastructure is a limited partnership formed in 2014 by NextEra Energy.
In June 2014, NextEra Energy announced an initial public offering for NextEra Energy Partners after the previously wholly owned subsidiary was approved for listing on the New York Stock Exchange under the symbol "NEP." Bank of America Merrill Lynch and Goldman Sachs structured the offering.
On January 9, 2015, a subsidiary of the company acquired Palo Duro Wind Project Holdings, LLC and the Palo Duro wind facility in Texas.
In May 2015, the company completed the acquisition of 1,923 MW of contracted wind power projects from NextEra Energy Resources. The acquisition included facilities in North Dakota, Oklahoma, Oregon, and Washington.
In November 2023, NextEra Energy Partners announced that it entered into a definitive agreement with Kinder Morgan, Inc. to sell its Texas natural gas pipeline portfolio for $1.815 billion.
In January 2025, NextEra Energy Partners announced it was changing the company name to XPLR Infrastructure, with a corresponding name in the stock ticker from NEP to XIFR.
From Wikipedia’s article on XPLR Infrastructure, shared under CC BY-SA 4.0.5