Spruce power acquires portfolio of 2,400 residential solar systems and contracts

Denver--(business wire)--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. the acquired portfolio consists of residential solar systems located in california, new jersey,.
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