XPLR Infrastructure, LP announces the offering of $750 million in aggregate principal amount of senior unsecured notes

Core Viewpoint - XPLR Infrastructure, LP announced a private offering of $750 million in senior unsecured notes due 2034, aimed at refinancing existing debt and funding general business purposes, including investments in clean energy projects [1][2]. Group 1: Offering Details - The offering consists of $750 million in senior unsecured notes due in 2034, guaranteed by XPLR Infrastructure, LP and its subsidiary [1]. - The net proceeds will be used to pay cash consideration for a tender offer to purchase outstanding 3.875% senior notes due in October 2026, along with related interest and expenses [2]. - XPLR OpCo may also use the funds to repay outstanding debt and invest in clean energy projects or other general business purposes [2]. Group 2: Company Overview - XPLR Infrastructure, LP is focused on clean energy infrastructure with a diversified portfolio across wind, solar, and battery storage projects in the U.S., aiming for long-term stable cash flows [4]. - The company is positioned to benefit from growth in the U.S. power sector through disciplined capital allocation [4].