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Spruce Power Reports Fourth Quarter and Full-Year 2024 Results
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 fourth quarter and year ended December 31, 2024.
Spruce Power Reschedules Release of Fourth Quarter and Full-Year 2024 Results and Conference Call to March 31
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 has rescheduled its previously announced earnings conference call. The company will now host a conference call to review fourth quarter and full-year 2024 results after the stock market close on Monday, March 31. 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 to Release Fourth Quarter and Full-Year 2024 Results and Host Conference Call on March 26
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 fourth quarter and full-year 2024 financial results after the stock market close on Wednesday, March 26. 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 Announces First Spruce Pro Servicing Customer
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.
By Spruce Power Holding Corporation · Via Business Wire · December 23, 2024
Spruce Power Announces Acquisition of Residential Solar Portfolio from NJR Clean Energy Ventures, Adding Nearly 9,800 Customers in New Jersey
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.
By Spruce Power Holding Corporation · Via Business Wire · November 25, 2024
Spruce Power Reports Third Quarter 2024 Results
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.
By Spruce Power Holding Corporation · Via Business Wire · November 13, 2024
Spruce Power to Release Third Quarter 2024 Results and Host Conference Call on November 13
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.
By Spruce Power Holding Corporation · Via Business Wire · October 30, 2024
Spruce Power Reports Second Quarter 2024 Results
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.
By Spruce Power Holding Corporation · Via Business Wire · August 14, 2024
Spruce Power to Release Second Quarter 2024 Results and Host Conference Call on August 14
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 Welcomes its Newest Leadership Addition: Clean Energy Executive and Entrepreneur, Richard DiMatteo
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.
Spruce Power Announces $130 Million Debt Financing
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 certain of its subsidiaries have closed on a $130 million non-recourse debt facility (the “New Debt Facility”) provided by Barings LLC (“Barings”). The New Debt Facility refinances the Company’s term loan of $125 million (the “SP4 Facility”) and provides for a net injection of incremental capital.
Spruce Power Announces New Director
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 today that it has appointed Clara Nagy McBane to serve as a new member of its Board of Directors (the “Board”) effective immediately. As a result, the Board has increased to seven members.
Spruce Power Reports First Quarter 2024 Results
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 quarter ended March 31, 2024.
Spruce Power Announces Notice of Pendency and Proposed Settlement of Stockholder Derivative Matters
Spruce Power Holding Corporation (NYSE: SPRU) has released the following notice according to THE UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS:
Spruce Power to Release First Quarter 2024 Results and Host Conference Call on May 15
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 CEO Chris Hayes to Participate in a Water Tower Research Fireside Chat on Friday, April 26 at 11:00 AM ET
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, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Friday, April 26, 2024.
Spruce Power Adds Industry Veteran to Lead Asset Operations
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 hiring of Kevin Minton as Vice President, Asset Operations. The addition of Minton builds on the foundational strength of Spruce’s existing distributed energy servicing technology platform and highlights the Company’s strategic commitment to advancing servicing solutions through Spruce Pro, a brand that extends growth prospects for the Company into the commercial solar market.
Spruce Power Holding Corporation Announces Leadership Changes
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.
Spruce Power Reports Fourth Quarter and Full-Year 2023 Results
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 fourth quarter and year ended December 31, 2023.
Spruce Power to Release Fourth Quarter and Full-Year 2023 Results and Host Conference Call on March 14
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 fourth quarter and full-year 2023 financial results after the stock market close on Thursday, March 14, 2024. 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.
By Spruce Power Holding Corporation · Via Business Wire · February 28, 2024
Spruce Power Launches ‘Spruce Pro’ Brand, Expanding its Servicing Solutions into the Commercial Solar Market
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 launch of Spruce Pro, a brand that extends Spruce’s distributed solar energy servicing capabilities into a new growth segment of commercial solar.
By Spruce Power Holding Corporation · Via Business Wire · January 10, 2024
Spruce Power Announces Expansion of Operating Headquarters in Houston, Texas
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 a successful expansion of its operating headquarters in Houston, Texas.
By Spruce Power Holding Corporation · Via Business Wire · December 14, 2023
Spruce Power Announces Record Revenue in Third Quarter 2023 Earnings Results
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 quarter ended September 30, 2023.
By Spruce Power Holding Corporation · Via Business Wire · November 9, 2023
Spruce Power to Release Third Quarter 2023 Results and Host Conference Call on November 9
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 2023 financial results after the stock market close on Thursday, November 9. 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.
By Spruce Power Holding Corporation · Via Business Wire · October 16, 2023
Spruce Power Announces Reverse Stock Split
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 its stockholders have approved a 1-for-8 reverse stock split (“Reverse Split”) of the Company’s common stock at a special stockholder meeting held today, October 2, 2023. The Reverse Split, which has previously been approved by the Company’s Board of Directors, is intended to enable Spruce to comply with the New York Stock Exchange’s continued listing requirements and make the common stock more attractive to a broader range of institutional investors.
By Spruce Power Holding Corporation · Via Business Wire · October 2, 2023
Spruce Power Announces Resolution of SEC Inquiry of XL Fleet
Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, announces that it has settled a civil enforcement action filed by the United States Securities and Exchange Commission (“SEC”) related to the 2020 merger of Spruce’s predecessor company, XL Fleet Corp.
By Spruce Power Holding Corporation · Via Business Wire · September 28, 2023
Spruce Power Announces Relocation of Corporate Headquarters in Denver, Colorado
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 relocation of its Denver headquarters to the Colorado Center, a premier location in southeast Denver.
By Spruce Power Holding Corporation · Via Business Wire · September 18, 2023
Spruce Power Acquires Portfolio of 2,400 Residential Solar Systems and Contracts
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 acquisition of a portfolio of over 2,400 residential solar systems and contracts from a publicly traded, regulated utility company for $20.9 million. The acquisition closed on August 18, 2023.
By Spruce Power Holding Corporation · Via Business Wire · August 21, 2023
Spruce Power Announces Relief Plan for Maui Customers
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 today a disaster relief initiative in the aftermath of the devastating fires that have swept through the Maui community.
By Spruce Power Holding Corporation · Via Business Wire · August 14, 2023
Spruce Power Announces Record Net Income in Second Quarter 2023 Earnings Results
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 quarter ended June 30, 2023.
By Spruce Power Holding Corporation · Via Business Wire · August 10, 2023
Spruce Power to Release Second Quarter 2023 Results and Host Conference Call on August 10
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 it will report second quarter 2023 financial results after the stock market close on Thursday, August 10. The Company 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 Reports First Quarter 2023 Results
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 quarter ended March 31, 2023.
Spruce Power Appoints Sarah Wells as New Chief Financial Officer
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.
Spruce Power to Participate in Upcoming Investor Conferences
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 its participation in the following upcoming investor conferences:
Spruce Power to Release First Quarter 2023 Results and Host Conference Call on May 15
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 it will report first quarter 2023 financial results after the stock market close on Monday, May 15. The Company 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 4:30 P.M. EDT to discuss the results.
Spruce Power Reports Fourth Quarter and Full Year 2022 Results
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 quarter and full year ended December 31, 2022.
Spruce Power Buys Portfolio of 22,500 Solar Customer Contracts in its Largest-Ever Acquisition and First as a Public Company
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 acquisition of SS Holdings 2017, LLC and its subsidiaries (the “Spruce Power 4 Portfolio”) from a US-based private equity firm. The acquisition closed on March 23, 2023.
Spruce Power Offers the Following Statement Regarding the Events Surrounding Silicon Valley Bank
Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, is proactively monitoring the events and possible derivatives of Silicon Valley Bank’s (“SVB”) transition into receivership by the Federal Deposit Insurance Corporation. While Spruce Power will continue to evaluate this fluid situation, the Company has made an initial assessment that its exposure to SVB is immaterial.
Spruce Power to Release Fourth Quarter 2022 Results and Host Conference Call on March 23
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 it will report fourth quarter and full year 2022 financial results after the stock market close on Thursday, March 23. The Company 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 4:30 P.M. EDT to discuss the results.