XPLR INVESTOR DEADLINE: XPLR Infrastructure, LP f/k/a NextEra Energy Partners, LP Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - XIFR

Core Viewpoint - The XPLR Infrastructure class action lawsuit alleges that the company and its executives made misleading statements regarding its operations and financial health, leading to significant losses for investors during the specified class period [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Alvrus v. XPLR Infrastructure, LP and covers purchasers of XPLR Infrastructure securities from September 27, 2023, to January 27, 2025 [1]. - Investors have until September 8, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit charges XPLR Infrastructure and its executives with violations of the Securities Exchange Act of 1934 [1]. Group 2: Company Operations and Allegations - XPLR Infrastructure operates as a "yieldco," managing contracted clean energy projects, including wind and solar power, and a natural gas pipeline [2]. - Allegations include that XPLR Infrastructure struggled to maintain its yieldco operations and entered financing arrangements while downplaying associated risks [3]. - The lawsuit claims that the company could not resolve its financing issues without risking significant unitholder dilution and planned to halt cash distributions to investors [3]. Group 3: Impact of Announcements - On January 28, 2025, XPLR Infrastructure announced the suspension of cash distributions to common unitholders and the abandonment of its yieldco model [4]. - Following this announcement, the price of XPLR Infrastructure common units fell by nearly 35% [4].