XPLR Infrastructure, LP Form 8-K Filing

On December 19, 2025, XPLR Infrastructure, LP announced that its indirect subsidiary, Glenn Portfolio Holdings, LLC, entered into a $550 million limited-recourse senior secured variable rate term loan facility. This facility matures in December 2030, with borrowings subject to certain conditions. Interest payments will be made quarterly, based on an underlying index plus a specified margin, and the principal will be partially amortizing semi-annually. Glenn Holdings plans to utilize interest rate swaps to hedge against interest rate fluctuations. The loan is secured by all assets and equity interests of Glenn Holdings and its subsidiaries, which are expected to encompass renewable energy projects totaling approximately 544 MW in net generating capacity. The loan agreement includes provisions for default and acceleration under specific circumstances, such as non-payment, covenant breaches, or bankruptcy events. Additionally, on December 18, 2025, XPLR subsidiaries borrowed approximately $169 million under two separate limited-recourse senior secured variable rate term loan facilities, with about $105 million remaining available as of December 19, 2025, subject to specified conditions. This information aligns with XPLR's previously stated financing plans for 2025-2026.