NextEra Energy Partners Earnings Reports

XPLR Infrastructure, LP, a limited partnership with a clean energy infrastructure portfolio, posted its third-quarter 2025 financial results. The company focuses on delivering long-term value through disciplined capital allocation and is positioned to benefit from growth in the U.S. power sector.

XPLR Infrastructure reported a net loss attributable to XPLR Infrastructure of $101 million for Q4 2024, including a one-time after-tax impairment of goodwill of $194 million. Adjusted EBITDA for the quarter was $483 million. The company is strategically repositioning to reinvest retained cash flows and has suspended distributions to unitholders.

NextEra Energy Partners reported a net loss of $40 million for the third quarter of 2024. However, the company announced an increased wind repowering target to approximately 1.9 gigawatts through 2026, including 225 megawatts of newly announced repowerings.

NextEra Energy Partners reported a solid financial performance in Q2 2024, with net income attributable to NextEra Energy Partners of $62 million. Adjusted EBITDA was $560 million, and cash available for distribution (CAFD) was $220 million. The company declared a quarterly distribution of $0.9050 per common unit.

NextEra Energy Partners reported a net income of $70 million, adjusted EBITDA of $462 million, and cash available for distribution (CAFD) of $164 million for the first quarter of 2024. The company is focused on executing its transition plans, targeting 6% limited partner distribution growth through at least 2026 and announced plans to repower an additional approximately 100 MW of wind facilities through 2026.

NextEra Energy Partners reported a net income attributable to the company of $112 million for the fourth quarter of 2023. The company also reported adjusted EBITDA of $454 million and cash available for distribution (CAFD) of $86 million for the same period.

NextEra Energy Partners reported a net income of $53 million for Q3 2023. The company is focused on executing against its transition plans and delivering limited partner distribution growth of 6% through at least 2026.

NextEra Energy Partners reported a net income of $49 million for the second quarter of 2023. The company grew its renewables portfolio and launched a process to sell its Texas natural gas pipeline portfolio.

NextEra Energy Partners reported a net loss of $14 million for the first quarter of 2023. However, the company's adjusted EBITDA grew by approximately 8.5%, reaching $447 million, and cash available for distribution (CAFD) was $156 million. The company also announced the acquisition of a 690-megawatt portfolio of renewable projects and completed a 50% buyout of the STX Midstream convertible equity portfolio financing.

NextEra Energy Partners reported a net income attributable to NextEra Energy Partners of $35 million for the fourth quarter of 2022. Adjusted EBITDA was $360 million and cash available for distribution (CAFD) was $74 million. Based on long-term growth visibility, the company extended its 12% to 15% distribution per unit growth expectations through 2026.

NextEra Energy Partners, LP reported third-quarter 2022 net income attributable to NextEra Energy Partners of $79 million, adjusted EBITDA of $377 million, and cash available for distribution (CAFD) of $185 million.

NextEra Energy Partners reported a net income of $219 million for Q2 2022. The company's adjusted EBITDA was $500 million and cash available for distribution (CAFD) was $207 million. The company continues to expect 12% to 15% growth per year in limited partner distributions per unit through at least 2025.

NextEra Energy Partners reported a net income attributable to NextEra Energy Partners of $144 million for the first quarter of 2022. The company also reported adjusted EBITDA of $412 million and cash available for distribution (CAFD) of $169 million. They also announced an agreement to acquire an approximately 67% interest in an approximately 230-megawatt battery storage asset.

NextEra Energy Partners, LP reported a fourth-quarter 2021 net loss attributable to NextEra Energy Partners of $10 million, with adjusted EBITDA of $322 million and cash available for distribution (CAFD) of $91 million.

NextEra Energy Partners reported a net income of $18 million, adjusted EBITDA of $334 million, and cash available for distribution (CAFD) of $158 million for the third quarter of 2021. The company also announced an agreement to acquire an approximately 100-megawatt operating California wind asset.

NextEra Energy Partners reported a net loss of $74 million for the second quarter of 2021. However, adjusted EBITDA increased by 9% and CAFD increased by 11% compared to 2020. They announced an agreement to acquire a 590-megawatt net interest in wind and solar projects from NextEra Energy Resources and completed multiple financings to enhance financial flexibility.

NextEra Energy Partners reported a net income of $202 million for the first quarter of 2021. The company's adjusted EBITDA grew by 20% and CAFD increased by 36% compared to the prior-year quarter. They also anticipate year-end 2021 run-rate expectations for adjusted EBITDA and CAFD to be in the upper end of its previously announced ranges.

NextEra Energy Partners reported a solid fourth quarter with a net income of $64 million, adjusted EBITDA of $308 million, and cash available for distribution of $106 million. The partnership also completed the acquisition of a 40% interest in a renewables portfolio and a 100% interest in a solar-plus-storage project.

NextEra Energy Partners reported a net income of $56 million for the third quarter of 2020. Adjusted EBITDA was $312 million and cash available for distribution (CAFD) was $162 million. The company completed the conversion of approximately $300 million of convertible debt into common units and its first two organic growth investments.

NextEra Energy Partners reported a solid second quarter with net income attributable to NextEra Energy Partners of $47 million, adjusted EBITDA of $349 million, and cash available for distribution (CAFD) of $166 million. The resolution of the PG&E bankruptcy resulted in a $65 million cash distribution from Desert Sunlight projects. The company expects to achieve its 2020 distribution growth objectives and maintain a payout ratio of approximately 70%.

NextEra Energy Partners reported a net loss of $222 million for Q1 2020, but adjusted EBITDA was $294 million and cash available for distribution (CAFD), excluding Desert Sunlight projects, was $130 million. The company maintains significant liquidity and expects no material financial or operational impacts from the COVID-19 pandemic. They also grew distributions approximately 15% year-over-year.

NextEra Energy Partners, LP reported a net income of $34 million for the fourth quarter of 2019. The company's adjusted EBITDA stood at $280 million, and cash available for distribution (CAFD), excluding Desert Sunlight projects, was $101 million.