Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP (XIFR) Shareholders

Core Viewpoint - A class action securities lawsuit has been filed against XPLR Infrastructure, LP, formerly known as Nextera Energy Partners, LP, alleging securities fraud that affected investors between September 27, 2023, and January 27, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were adversely affected by alleged securities fraud during the specified period [2]. - The complaint claims that the defendants made false statements and concealed critical information regarding XPLR's operational struggles as a yieldco [3]. - It is alleged that the defendants entered into financing arrangements to temporarily alleviate operational issues while downplaying associated risks [3]. - The lawsuit states that XPLR could not resolve these financings before their maturity without risking significant unitholder dilution [3]. - As a result of these issues, the defendants planned to halt cash distributions to investors to redirect funds towards resolving the financings [3]. - The complaint asserts that XPLR's yieldco business model and distribution growth rate were unsustainable, rendering the defendants' public statements materially false and misleading [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until September 8, 2025, to request appointment as lead plaintiff [4]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [5]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [5].