Company Overview - XPLR Infrastructure, LP (NYSE: XIFR) is a limited partnership with an ownership interest in a clean energy infrastructure portfolio that generates long-term, stable cash flows [3] - The company focuses on delivering long-term value to its common unitholders through disciplined capital allocation of cash flows generated by its assets [3] - XPLR Infrastructure's portfolio includes diversified contracted clean energy assets across generation technologies such as wind, solar, and battery storage projects in the U.S., as well as investments in natural gas pipeline assets in Pennsylvania [3] Financial Reporting - The company plans to report its second-quarter 2025 financial results after the close of the New York Stock Exchange on August 7, 2025 [1] - A news release will be posted on the company's website, and an advisory news release will be issued over PR Newswire on the same day [1] - Following the financial results release, the company intends to meet with investors throughout August and September [2] Strategic Positioning - XPLR Infrastructure is positioning itself to benefit from the expected growth in the U.S. power sector [3]

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]. Group 1: Lawsuit Details - The lawsuit was filed in the U.S. District Court for the Southern District of California by Scott+Scott Attorneys at Law LLP on behalf of investors who purchased XPLR common units during the specified class period [1]. - The class action asserts claims under the Securities Exchange Act of 1934, specifically §§10(b) and 20(a), and SEC Rule 10b-5 [1]. Group 2: Allegations Against XPLR - Defendants allegedly made misleading statements about XPLR's operations as a yieldco, failing to disclose struggles in maintaining operations and the risks associated with financing arrangements [3]. - The lawsuit claims that XPLR's business model and distribution growth rate were unsustainable, and that public statements made by the defendants were materially false and misleading [3]. Group 3: Market Reaction - On January 28, 2025, XPLR announced a suspension of cash distributions to common unitholders and a shift away from its yieldco model, leading to a significant drop in the stock price from $15.80 to $10.49, a decline of nearly 35% [4].

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]. Group 1: Lawsuit Details - The lawsuit was filed by Scott+Scott Attorneys at Law LLP in the U.S. District Court for the Southern District of California [1]. - The class action asserts claims under the Securities Exchange Act of 1934 and SEC Rule 10b-5 on behalf of all individuals who purchased XPLR common units during the specified class period [1]. - The case is titled James Alvrus v. XPLR Infrastructure, LP, et al., Case No. 3:25-cv-01755 [1]. Group 2: Allegations Against XPLR - Defendants allegedly made misleading statements about XPLR's operations as a yieldco, failing to disclose struggles in maintaining operations [3]. - The lawsuit claims that XPLR entered into financing arrangements to temporarily alleviate operational issues while downplaying associated risks [3]. - It is alleged that XPLR could not resolve these financings before maturity without risking significant unitholder dilution, leading to a planned halt in cash distributions to investors [3]. - The lawsuit contends that the yieldco business model and distribution growth rate were unsustainable, rendering the defendants' public statements materially false and misleading [3]. Group 3: Market Reaction - On January 28, 2025, XPLR announced a suspension of cash distributions to common unitholders and a shift away from its yieldco model, which shocked investors [4]. - 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% [4].

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].

Core Viewpoint - The XPLR Infrastructure class action lawsuit alleges that the company and its executives made misleading statements regarding its financial health and operations as a yieldco, leading to significant losses for investors during the specified class period [1][3][4]. Company Overview - XPLR Infrastructure, formerly known as NextEra Energy Partners, LP, is involved in acquiring, owning, and managing contracted clean energy projects in the U.S., including wind and solar power projects and a natural gas pipeline [2][3]. Allegations of the Lawsuit - The lawsuit claims that during the class period, XPLR Infrastructure faced operational struggles as a yieldco and entered financing arrangements that were downplayed in terms of risk [3]. - It is alleged that the company could not resolve these financing issues before their maturity without risking significant dilution for unitholders [3]. - The lawsuit further states that XPLR Infrastructure planned to suspend cash distributions to investors to address these financial challenges, indicating an unsustainable business model [3][4]. 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, resulting in a nearly 35% drop in the price of its common units [4]. Legal Process - Investors who purchased XPLR Infrastructure securities during the class period have until September 8, 2025, to seek appointment as lead plaintiff in the class action lawsuit [1][5]. - The lead plaintiff will represent the interests of all class members and can select a law firm to litigate the case [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record in obtaining significant recoveries in securities class action cases [6].