XPLR Infrastructure faces lawsuit over allegedly misleading statements.

The Gross Law Firm issues a notice to XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP shareholders who purchased shares during September 27, 2023 to January 27, 2025, to contact the firm regarding possible lead plaintiff appointment for a class action lawsuit alleging that the company issued false and/or misleading statements about its operations and financing arrangements.

Investors in XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP (NYSE: XIFR) are being urged to participate in a class action lawsuit alleging securities fraud. The lawsuit, captioned Alvrus v. XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP, No. 25-cv-01755 (S.D. Cal.), was filed in the U.S. District Court for the Southern District of California. The suit claims that the company made false and misleading statements about its operations and financing arrangements.

The lawsuit alleges that XPLR Infrastructure, LP, which operates as a yieldco, made false statements and failed to disclose that it was struggling to maintain its operations. The company entered into financing arrangements to temporarily relieve this issue but downplayed the attendant risks. The lawsuit further alleges that XPLR Infrastructure could not resolve these financings before their maturity date without risking significant unitholder dilution. As a result, the company planned to halt cash distributions to investors and redirect those funds to resolve the financings.

On January 28, 2025, XPLR Infrastructure announced that it would suspend entirely cash distributions to common unitholders and essentially abandon its yieldco model. This announcement led to a nearly 35% drop in the price of XPLR Infrastructure common units, according to the complaint.

Investors who purchased XPLR Infrastructure securities between September 27, 2023, and January 27, 2025, are eligible to join the class action lawsuit. The deadline to request appointment as lead plaintiff is September 8, 2025. Investors can contact Robbins Geller Rudman & Dowd LLP, one of the world's leading law firms representing investors in securities fraud and shareholder litigation, to learn more about the lawsuit and their eligibility [1].

Levi & Korsinsky, LLP, another law firm involved in the case, has also notified investors about the class action lawsuit. They have urged investors to contact their firm to learn more about the lawsuit and their eligibility [2].

Investors who join the class action lawsuit may be entitled to compensation without payment of any out-of-pocket costs or fees. The ability to share in any recovery does not require that an investor serve as a lead plaintiff.

References:

[1] https://www.prnewswire.com/news-releases/xplr-investor-deadline-xplr-infrastructure-lp-fka-nextera-energy-partners-lp-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit---xifr-302505990.html

[2] https://www.globenewswire.com/news-release/2025/07/14/3115198/3080/en/Shareholders-that-lost-money-on-XPLR-Infrastructure-LP-f-k-a-Nextera-Energy-Partners-LP-XIFR-Urged-to-Join-Class-Action-Contact-Levi-Korsinsky-to-Learn-More.html