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NextEra Energy Partners, LP to be renamed XPLR Infrastructure, LP; announces date for release of fourth-quarter and full-year 2024 financial results

1. NextEra Energy Partners rebrands as XPLR Infrastructure, trading as XIFR from Feb. 3, 2025. 2. Company emphasizes clean energy assets in growth strategy for stable, long-term cash flows. 3. Fourth-quarter and full-year 2024 results due on Jan. 28, 2025, via webcast.

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FAQ

Why Neutral?

Rebranding may not directly affect NEE until performance updates are revealed.

How important is it?

Rebranding signifies a strategic shift, potentially impacting future growth and revenue prospects.

Why Short Term?

Immediate impacts from rebranding but long-term effects depend on operational success.

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NEENEP
, /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced the company is changing its name to XPLR Infrastructure, LP, effective today, and will begin trading under the new ticker symbol, XIFR, on the New York Stock Exchange (NYSE) on Tuesday, Feb. 3, 2025. Until Feb. 3, the company will continue to trade on the NYSE under its current ticker symbol, NEP. In addition to its new name and ticker symbol, XPLR Infrastructure will have a new logo and new website, www.XPLRInfrastructure.com.  XPLR Infrastructure plans to report fourth-quarter and full-year 2024 financial results before the opening of the NYSE on Tuesday, Jan. 28, 2025, in a news release to be posted on its website at www.XPLRInfrastructure.com. An advisory news release will be issued over PR Newswire the morning of Jan. 28, with a link to the financial results news release on XPLR Infrastructure's website. As previously announced, XPLR Infrastructure will make available its financial results only on its website. The company plans to discuss its fourth-quarter and full-year 2024 financial results and provide a business update during an investor presentation to be webcast live, beginning at 9 a.m. ET on Jan. 28, 2025. The listen-only webcast will be available on XPLR Infrastructure's website, www.XPLRInfrastructure.com. The news release and the slides accompanying the presentation may be downloaded at www.XPLRInfrastructure.com, beginning at 7:30 a.m. ET on the day of the webcast. A replay will be available for 90 days on www.XPLRInfrastructure.com. NextEra Energy Partners, LP NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners' strategy emphasizes acquiring, managing and owning contracted clean energy assets with stable, long-term cash flows with a focus on renewable energy projects. Headquartered in Juno Beach, Florida, NextEra Energy Partners owns, or has a partial ownership interest in, a portfolio of contracted renewable energy assets consisting of wind, solar and solar-plus-storage projects and a stand-alone battery storage project in the U.S., as well as contracted natural gas pipeline assets in Pennsylvania. For more information about NextEra Energy Partners, please visit: www.NextEraEnergyPartners.com. SOURCE NextEra Energy Partners, LP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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