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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in XPLR Infrastructure, LP (f/k/a NextEra Energy Partners, LP) of Class Action Lawsuit and Upcoming Deadlines – XIFR
GlobeNewswire News Room·2025-08-17 14:22

Core Viewpoint - A class action lawsuit has been filed against XPLR Infrastructure, LP for alleged securities fraud and unlawful business practices, with investors encouraged to join the lawsuit [1][2]. Company Developments - On January 28, 2025, XPLR announced the abandonment of its yieldco business model and the indefinite suspension of cash distributions to unitholders, reallocating funds to prioritize buying out remaining CEPF obligations [4]. - The same announcement included the appointment of a new CEO and a complete revamp of the management team, including a new CFO [4]. Market Reaction - Following the January 28 announcement, XPLR's unit price dropped by $3.97, or 25.13%, closing at $11.83 per unit [5]. - The unit price continued to decline, falling an additional $1.39, or 11.75%, to close at $10.44 per unit on January 30, 2025 [5].