XPLR Infrastructure: Solid Improvement But Dividend To Remain MIA

  • XIFR eliminated its dividend to focus on repowering wind assets and buying out CEPFs. Despite stable 2025 guidance, 2026 EBITDA and free cash flow are projected to drop due to asset sales and higher refinancing costs. XIFR may be undervalued on a liquidation basis, but meaningful shareholder returns are unlikely for at least three years.