XPLR Infrastructure LP Faces Class Action Lawsuit Over Alleged Securities Fraud

Reuters
2025.09.08 11:40
portai
I'm PortAI, I can summarize articles.

A class action lawsuit has been filed against XPLR Infrastructure LP, formerly Nextera Energy Partners, LP, for alleged securities fraud. The lawsuit claims the company made false statements and concealed critical information regarding its financial operations and sustainability. It is alleged that XPLR faced challenges as a yieldco and that its financing arrangements were temporary, posing significant risks. The lawsuit, represented by Levi & Korsinsky, LLP, seeks to address investor losses incurred between September 27, 2023, and January 27, 2025.