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 second quarter ended June 30, 2024. Business Highlights Reported 2Q revenues of $22.5 million, net loss attributable to stockholders of $8.6 million and Operating EBITDA of $14.4 million. Ended quarter with strong liquidity position for future growth, with $116.6 million of unrestricted cash. Continued to evaluate a pipeline of both operating residential solar portfolio M&A opportunities and organic growth prospects through Spruce Pro. Refinanced nearest maturing debt facilit
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 second quarter 2024 financial results after the stock market close on Wednesday, August 14. 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. MDT to discuss the results. Spruce Power Second Quarter 2024 Webcast and Conference Call Details When: Wednesday, August 14, 2024 Time
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 the addition of Richard DiMatteo as Senior Vice President, Head of Spruce Pro. The addition of Rich DiMatteo underscores Spruce's strategic commitment to advancing its distributed energy platform through Spruce Pro, a brand that extends the Company's servicing solutions to third-party asset owners. Rich will direct and oversee all aspects of product innovation, formation and go-to-market strategy for Spruce Pro, with an emphasis on leveraging the Company's existing capabilities and unique market opportunity to g
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
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 & CEODr. Audrey Lee joins the Board of DirectorsSpruce 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, including sust
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 second quarter ended June 30, 2024. Business Highlights Reported 2Q revenues of $22.5 million, net loss attributable to stockholders of $8.6 million and Operating EBITDA of $14.4 million. Ended quarter with strong liquidity position for future growth, with $116.6 million of unrestricted cash. Continued to evaluate a pipeline of both operating residential solar portfolio M&A opportunities and organic growth prospects through Spruce Pro. Refinanced nearest maturing debt facilit
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 second quarter 2024 financial results after the stock market close on Wednesday, August 14. 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. MDT to discuss the results. Spruce Power Second Quarter 2024 Webcast and Conference Call Details When: Wednesday, August 14, 2024 Time
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 first quarter 2024 financial results after the stock market close on Wednesday, May 15. 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. MDT to discuss the results. Spruce Power First Quarter 2024 Webcast and Conference Call Details When: Wednesday, May 15, 2024 Time: 2:30 P
8-K - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
8-K - SPRUCE POWER HOLDING CORP (0001772720) (Filer)
10-Q - SPRUCE POWER HOLDING CORP (0001772720) (Filer)