Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed Against XPLR Infrastructure, LP (f/k/a NextEra Energy Partners, LP) (NEP)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2025
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Should l Buy ?
Source: Globenewswire
Securities Class Action Lawsuit: A class action lawsuit has been filed against XPLR Infrastructure, LP for allegedly making false statements and failing to disclose operational struggles and risks associated with its yieldco business model during the period from January 26, 2021, to January 27, 2025.
Impact on Stock Price: Following a downgrade by KeyBanc Capital Markets due to concerns over equity dilution and financial challenges, XPLR's unit price dropped by 6.33% to close at $55.94 per unit on April 26, 2023.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
