XPLR Infrastructure LP Class Action Notice: Robbins LLP Reminds Investors of Opportunity to Lead the Class Action Against the Company

Robbins LLP reminds investors who purchased XPLR Infrastructure LP securities between September 27, 2023 and January 27, 2025 of a class action opportunity. The complaint alleges that defendants misled investors about the company's yieldco business model and distribution growth rate, leading to a significant decline in stock price after the company announced it was abandoning its yieldco business and indefinitely suspending cash distributions. Investors who want to serve as lead plaintiff must file their papers with the court by September 8, 2025.

Investors who purchased XPLR Infrastructure, LP (NYSE: XIFR) securities between September 27, 2023, and January 27, 2025, have until September 8, 2025, to file for lead plaintiff status in a class action lawsuit [1]. The lawsuit, captioned Alvrus v. XPLR Infrastructure, LP f/k/a NextEra Energy Partners, LP, No. 25-cv-01755 (S.D. Cal.), alleges that the company and its executives made false and misleading statements and failed to disclose material information during the class period.

XPLR Infrastructure operates as a yieldco, a business model focused on delivering large cash distributions to investors. According to the complaint, the defendants, including XPLR Infrastructure and certain of its top former executives, misled investors about the company's operational struggles and the risks associated with its financing arrangements. The lawsuit alleges that XPLR Infrastructure could not resolve its financing issues before their maturity dates without risking significant unitholder dilution. Consequently, the company planned to halt cash distributions and redirect funds to resolve these financings, rendering its yieldco business model and distribution growth rate unsustainable.

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 significant decline in the price of XPLR Infrastructure common units by nearly 35% [1].

Investors who wish to serve as lead plaintiff in the lawsuit must file their papers with the court by the deadline. The lead plaintiff will act on behalf of the class and can select a law firm of their choice to litigate the case. The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired XPLR Infrastructure securities during the class period to seek appointment as lead plaintiff [1].

Robbins Geller Rudman & Dowd LLP, one of the world's leading law firms representing investors in securities fraud and shareholder litigation, is handling the case. The firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, Robbins Geller recovered over $2.5 billion for investors in securities-related class action cases [2].

For more information or to file for lead plaintiff status, investors can visit the Robbins Geller website or contact attorneys J.C. Sanchez or Jennifer N. Caringal at 800/449-4900 or via email at info@rgrdlaw.com.

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://markets.ft.com/data/announce/detail?dockey=600-202507151732PR_NEWS_USPRX____LA30956-1