Spruce Power Holding Corporation
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Christopher Hayes
- Full Time Employees
- 165
- Sector
- Energy
- Industry
- Solar
- Address
- 145 Newton Street Denver MA United States of America 02135
- IPO Date
- Sep 3, 2019
- CIK
- 0001772720
- Website
- xlfleet.com
- Similar Companies
- Business
- Spruce Power Holding Corporation (NYSE: SPRU) owns and operates distributed residential solar energy assets across the United States, providing subscription-based services to approximately 85,000 home solar systems and customer contracts that deliver clean solar energy at savings versus traditional utility rates; core offerings include power purchase agreements, solar lease agreements, sales of solar renewable energy credits (SRECs), and the Spruce Pro platform for third-party asset servicing encompassing portfolio management, billing and collections, account support, financial asset management, homeowner support, servicing technology, asset operations, and SREC transaction services; additional products feature battery solutions, system expansions, extended service agreements, and fleet management. Founded in 2009 and headquartered in Denver, Colorado, the company targets homeowners and small businesses in the U.S. residential solar sector, servicing around 60,000 third-party-owned systems while generating revenue from electricity sales, SREC contracts, government incentives, and intangibles amortization. Recent developments include the November 2024 acquisition of approximately 9,800 rooftop solar assets from NJR Clean Energy Ventures, boosting its portfolio and contributing to Q3 2025 revenue growth; a multi-year multimillion-dollar SREC sales agreement in August 2025 expected to generate $10 million through 2029; a new servicing partnership with Hot Purple Energy in April 2025 to monetize California SRECs; and a October 2025 strategic alliance with Treehouse to accelerate expansion into home battery storage via capital-light upgrades on its existing solar fleet.
Spruce Power Incurs Q1 Loss, Narrows Y/Y Due to Cost Cuts
Spruce Power Holding Corporation (SPRU) Q1 2026 Earnings Call Prepared Remarks Transcript
Spruce Power Reports First Quarter 2026 Results
Spruce Power to Release First Quarter 2026 Results and Host Conference Call on May 13
Spruce Power Gains 2% Despite Incurring Wider YoY Loss in Q4
Spruce Power Holding Corporation (SPRU) Q4 2025 Earnings Call Transcript
Spruce Power Reports Fourth Quarter and Full-Year 2025 Results
Spruce Power to Release Fourth Quarter and Full-Year 2025 Results and Host Conference Call on March 30
Financial Survey: NOVONIX (NASDAQ:NVX) and Spruce Power (NYSE:SPRU)
Head to Head Survey: Spruce Power (NYSE:SPRU) and Expion360 (NASDAQ:XPON)
Spruce Drives Structural O&M Cost Reductions Through Vertical Integration
Financial Survey: Spruce Power (NYSE:SPRU) vs. Mistras Group (NYSE:MG)
Spruce Power Appoints Thomas Cimino as Chief Financial Officer
SPRU's Q3 Loss Narrows Y/Y on NJR Acquisition and Cost Cuts, Stock Up 73%
Spruce Power Holding Corporation (SPRU) Q3 2025 Earnings Call Transcript
Spruce Power Reports Third Quarter 2025 Results
Spruce Power Partners with Treehouse to Accelerate Expansion into Home Battery Storage, Opening a New Avenue of Growth
Zacks Initiates Coverage of Spruce Power With Neutral Recommendation
Spruce Power Wins Competitive Spruce PRO Backup Servicing Agreement Expanding to Puerto Rico, Cementing Status as the Go-To End-to-End Solar Portfolio Servicer
Spruce Power Streamlines Operations, Reducing Costs and Accelerating Path to Sustainable Growth