XPLR Infrastructure lost more than a quarter its market value after the renewable-energy company said it would indefinitely stop distributions to unitholders and named a new chief executive as it overhauls its business model.

NextEra Energy Partners, LP (NEP) saw its stock price plunge by 29.62 percent, during Tuesday morning trading after XPLR

XPLR Infrastructure , a unit of utility firm NextEra Energy, said on Tuesday it will suspend its dividend for an indefinite period, sending the company's shares down 23% in premarket trade. The move comes as XPLR looks to reinvest most of its cash flow to fund its renewable energy investments.

Nextera Energy Partners (NEP – Research Report), the Utilities sector company, was revisited by a Wall Street analyst on January 29. Analyst