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4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
10-Q - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
8-K - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
8-K - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
4 - SPRUCE POWER HOLDING CORP (0001772720) (Issuer)
Chairman of the Board Chris Hayes Appointed as President & CEO Dr. Audrey Lee joins the Board of Directors Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company"), a leading owner and operator of distributed solar energy assets across the United States, today announced that Chris Hayes, Spruce's Chairman of the Board, will succeed Christian Fong as President and Chief Executive Officer, effective April 12, 2024. Additionally, Dr. Audrey Lee has joined the Board of Directors. "The Board is confident that Chris is the right leader to take Spruce to the next stage of its evolution and develop avenues of growth. Chris brings a wealth of experience to his role as CEO, incl
Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company"), a leading owner and operator of distributed solar energy assets across the United States, announced that Sarah Wells has been appointed Chief Financial Officer, effective May 19th. Mrs. Wells succeeds Don Klein, who is departing in connection with the previously announced transition from XL Fleet to Spruce Power executive management. Sarah Wells brings considerable industry experience and expertise with disruptive sustainability strategies and is a long-time Spruce Power leader in cost efficiency and growth enablement. Mrs. Wells joined Spruce Power in 2018 and most recently served as Senior Vice President, Finance
Spruce Power (NYSE:SPRU) ("Spruce" or the "Company"), a leading owner and operator of distributed solar energy assets across the United States, today announced that the New York Stock Exchange (the "NYSE") notified the Company that it has regained compliance with the NYSE's continued listing standard for minimum share price. On October 20, 2022, the NYSE notified Spruce of noncompliance with the NYSE's continued listing standards because the average closing price of the Company's common stock was less than $1.00 per share over a period of 30 consecutive trading days. On February 1, 2023, the NYSE confirmed that the Company's average price for the trailing 30 consecutive trading days ended
-Deal Grows Spruce's Home Solar Assets and Contracts by ~13% to ~85,000- -Accelerates Operating Efficiencies to Enhance Customer Experience and Shareholder Value- Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company") today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures ("CEV"), a subsidiary of New Jersey Resources Corporation (NYSE:NJR), for $132.5 million. The acquisition closed on November 22, 2024. The acquired assets ("Spruce Power 5 Portfolio" or the "Portfolio") consist of approximately 9,800 solar systems in New Jersey that were installed under a CEV residential solar program between 2010 to 2024. Solar systems under
Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company"), a leading owner and operator of distributed solar energy assets across the United States, today reported financial results for the third quarter ended September 30, 2024. Business Highlights Reported 3Q revenues of $21.4 million, net loss attributable to stockholders of $53.5 million and Operating EBITDA of $17.7 million Ended quarter with strong liquidity position for future growth, with $113.7 million of unrestricted cash Executed a non-binding Letter of Intent ("LOI") to acquire a portfolio of approximately 10,000 home solar assets and contracts - this deal is expected to close in the fourth quarter of 2
Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce"), a leading owner and operator of distributed solar energy assets across the United States, today announced that it will report third quarter 2024 financial results after the stock market close on Wednesday, November 13. Spruce will issue a press release reporting its results, which will be available on the Investor Relations section of its website at https://investors.sprucepower.com/overview/default.aspx. Management will then host a conference call and webcast for investors and analysts at 2:30 P.M. MST to discuss the results. Spruce Power Third Quarter 2024 Webcast and Conference Call Details When: Wednesday, November 13, 202
--Multi-year Agreement with ADT for Several Servicing Needs-- Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company") today announced the first customer for its Spruce Pro servicing business. Spruce signed a multi-year Service Agreement with ADT, under which Spruce Pro will facilitate the management and resolution of workmanship and equipment warranty claims for customers of ADT's former solar business, which it wound down earlier in 2024. "We are proud to partner with ADT to provide a solution set to meet the specific servicing needs of the customers of their former solar business," said CEO Chris Hayes. "This announcement underscores our strong commitment to grow Spru
-Deal Grows Spruce's Home Solar Assets and Contracts by ~13% to ~85,000- -Accelerates Operating Efficiencies to Enhance Customer Experience and Shareholder Value- Spruce Power Holding Corporation (NYSE:SPRU) ("Spruce" or the "Company") today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures ("CEV"), a subsidiary of New Jersey Resources Corporation (NYSE:NJR), for $132.5 million. The acquisition closed on November 22, 2024. The acquired assets ("Spruce Power 5 Portfolio" or the "Portfolio") consist of approximately 9,800 solar systems in New Jersey that were installed under a CEV residential solar program between 2010 to 2024. Solar systems under
NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources (NYSE:NJR), today announced the sale of its 91 megawatt (MW) residential solar portfolio, to Spruce Power Holding Corporation (NYSE:SPRU) for a total of $132.5 million. NJR expects to record a gain on sale in fiscal 2025, and will use the proceeds to pay down corporate debt and for general working capital purposes. "Renewable energy investments are an integral part of our business and will continue to be a key driver of NJR's long-term growth strategy," said Steve Westhoven, President and CEO of New Jersey Resources. "Following this transaction, Clean Energy Ventures will have a sharpened focus on the str