Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 19, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises XPLR Infrastructure, LP fka NextEra Energy Partners, LP ("XPLR Infrastructure" or the "Company") (NYSE: XIFR) investors of a class action representing investors that bought securities between September 27, 2023 and January 27, 2025, inclusive (the "Class Period"). XPLR Infrastructure investors have until September 8, 2025 to file a lead plainti ...

Core Viewpoint - A securities class action lawsuit has been filed against XPLR Infrastructure, LP, alleging misleading statements and omissions regarding the company's financial condition and business model during the class period from September 27, 2023, to January 27, 2025 [1][3]. Company Overview - XPLR Infrastructure, LP, formerly known as Nextera Energy Partners, LP, focuses on acquiring, owning, and managing contracted clean energy projects in the United States, including wind and solar power projects and a natural gas pipeline [2]. Allegations in the Class Action - The lawsuit claims that during the class period, the defendants made false statements about XPLR's operations as a yieldco, which is a business model aimed at delivering cash distributions to investors [3]. - Specific allegations include that XPLR was struggling to maintain operations, entered risky financing arrangements, could not resolve these financings without significant unitholder dilution, and planned to halt cash distributions to redirect funds to resolve financing issues [3]. - The lawsuit asserts that the defendants' public statements were materially false and misleading throughout the relevant period [3]. Market Reaction - On January 28, 2025, XPLR announced it would suspend cash distributions to common unitholders and abandon its yieldco model, leading to a significant drop in the stock price from $15.80 to $10.49 per unit, a decline of nearly 35% [4].