Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of XPLR Infrastructure, LP (formerly Nextera Energy Partners, LP), indicating potential legal action due to allegations of misleading statements and operational struggles during a specified class period [1]. Group 1: Allegations and Class Period - The class period for the allegations is from September 27, 2023, to January 27, 2025 [1]. - Allegations include that XPLR was struggling to maintain operations as a yieldco and that defendants entered into financing arrangements while downplaying associated risks [1]. - It is claimed that XPLR could not resolve financing issues before maturity without risking significant unitholder dilution, leading to a planned halt in cash distributions to investors [1]. Group 2: Impact on Business Model - The allegations suggest that XPLR's yieldco business model and distribution growth rate were unsustainable, and public statements made by defendants were materially false and misleading [1]. Group 3: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by September 8, 2025, to monitor the case's progress [2]. - Registration allows shareholders to receive status updates throughout the lifecycle of the case, with no cost or obligation to participate [2]. Group 4: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements [3].

Core Viewpoint - A class action has been filed against XPLR Infrastructure LP (formerly NextEra Energy Partners, LP) for allegedly misleading investors regarding its yieldco business model and financial stability [1][2]. Group 1: Company Overview - XPLR Infrastructure LP focuses on acquiring, owning, and managing contracted clean energy projects in the U.S., including wind, solar, and battery storage assets [1]. - The company changed its name from "NextEra Energy Partners, LP" to "XPLR Infrastructure, LP" in January 2025 [1]. Group 2: Allegations and Financial Issues - The complaint alleges that XPLR was struggling to maintain its operations as a yieldco and had entered into financing arrangements while downplaying associated risks [2]. - It is claimed that XPLR could not resolve its financing issues before maturity without risking significant unitholder dilution, leading to plans to halt cash distributions to investors [2]. - The sustainability of XPLR's yieldco business model and distribution growth rate is questioned due to these financial challenges [2]. Group 3: Impact of Business Model Change - On January 28, 2025, XPLR announced it was abandoning its yieldco business model and indefinitely suspending cash distributions to unitholders, shifting to a model utilizing retained operating cash flows for investments [3]. - Following this announcement, XPLR's common unit price fell from $15.80 on January 27, 2025, to $10.49 on January 29, 2025, marking a decline of $5.31 per unit, or nearly 35% [3]. Group 4: Legal Proceedings - Shareholders may be eligible to participate in the class action against XPLR, with a deadline to file as lead plaintiff by September 8, 2025 [4]. - A lead plaintiff represents other class members in directing the litigation, but participation is not required for recovery [4]. Group 5: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].