Spruce Power Holding Corporation
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- 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.
Company News
SPRU Posts Q2 Earnings, Cost Cuts and PPA-Lease Growth Aid
Spruce Power Holding Corporation (SPRU) Q2 2026 Earnings Call Prepared Remarks Transcript
Spruce Power Reports Second Quarter 2026 Results
Spruce Power to Release Second Quarter 2026 Results and Host Conference Call on August 12
Spruce Power Falls 17% in a Month: Should You Buy the Dip?
Spruce Power Announces Company-Wide AI Transformation Initiative
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%