Spruce Power Adds Industry Veteran to Lead Asset Operations
- 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 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 Pr.
- 04/24/2024
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Spruce Power Holding Corporation Announces Leadership Changes
- 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 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 s.
- 04/15/2024
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Spruce Power Holding Corporation (SPRU) Q4 2023 Earnings Call Transcript
- Spruce Power Holding Corporation (NYSE:SPRU) Q4 2023 Results Conference Call March 14, 2024 4:30 PM ET
- 03/14/2024
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Spruce Power Reports Fourth Quarter and Full-Year 2023 Results
- 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 reported financial results for the fourth quarter and year ended December 31, 2023. Business Highlights Added approximately 25,000 customer contracts in 2023, for nearly 50% year-on-year growth, to reach over 75,000 home solar assets and contracts. Launched 'Spruce Pro' brand, expanding Spruce Power's.
- 03/14/2024
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Spruce Power to Release Fourth Quarter and Full-Year 2023 Results and Host Conference Call on March 14
- DENVER--(BUSINESS WIRE)--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/defa.
- 02/28/2024
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Spruce Power Launches ‘Spruce Pro' Brand, Expanding its Servicing Solutions into the Commercial Solar Market
- 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 launch of Spruce Pro, a brand that extends Spruce's distributed solar energy servicing capabilities into a new growth segment of commercial solar. Built on the foundational strength of Spruce's existing portfolio servicing of owned and third-party home solar assets, Spruce Pro is poised t.
- 01/10/2024
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Spruce Power Announces Expansion of Operating Headquarters in Houston, Texas
- 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 a successful expansion of its operating headquarters in Houston, Texas. Spruce's operating headquarters in Houston is home to the business functions that support its goal of ensuring an industry leading customer experience. Beginning in 2019, the Company has organically built a residential en.
- 12/14/2023
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Spruce Power: Rare Net-Net Trading 50% Below Cash And Generating Cash
- Spruce Power Holding Corporation: A busted SPAC trading below cash value with a new CEO and business model focused on investing in seasoned solar assets. Skepticism about the board and previous decision-making, but potential for $10 per share if they don't burn cash. Settlement with SEC for $11mm, leaving $7+ per share in unrestricted cash. Opportunity for value creation through partnerships and stock buybacks.
- 11/28/2023
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Spruce Power Holding Corporation (SPRU) Q3 2023 Earnings Call Transcript
- Spruce Power Holding Corporation (NYSE:SPRU ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Bronson Fleig - Head, IR Christian Fong - CEO Sarah Wells - CFO Conference Call Participants Tristan Richardson - Scotiabank Joseph Osha - Guggenheim Mo Chen - Truist Securities Operator Thank you for standing by. My name is Eric and I will be your conference operator today.
- 11/12/2023
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Spruce Power to Release Third Quarter 2023 Results and Host Conference Call on November 9
- DENVER--(BUSINESS WIRE)--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. Managemen.
- 10/16/2023
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Spruce Power Announces Reverse Stock Split
- 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 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 Spru.
- 10/02/2023
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Spruce Power Announces Resolution of SEC Inquiry of XL Fleet
- 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, 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. The SEC's investigation previously was reported in the Company's Form 10-K for the year ended December 3, 2.
- 09/28/2023
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Spruce Power Announces Relocation of Corporate Headquarters in Denver, Colorado
- 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 relocation of its Denver headquarters to the Colorado Center, a premier location in southeast Denver. Spruce's new Denver headquarters expands the Company's footprint in a key renewable energy market, allowing access to a dynamic ecosystem of collaboration, partnerships, and top industry.
- 09/18/2023
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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,.
- 08/21/2023
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Spruce Power Announces Relief Plan for Maui Customers
- 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, announced today a disaster relief initiative in the aftermath of the devastating fires that have swept through the Maui community. Spruce stands with its customers and will waive its billing for all customers within the impacted communities for the next 3 months. This relief is intended to provide immediate.
- 08/14/2023
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Spruce Power to Release Second Quarter 2023 Results and Host Conference Call on August 10
- 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 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/d.
- 07/28/2023
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Spruce Power: Down 30% YTD As The Market Cools On Home Solar
- Spruce Power is down 30% since the start of the year as the market looks away from the home solar story unfolding. The company recently closed on the acquisition of a new portfolio of solar customer contracts that should boost its home solar assets by around 44% to around 72,000 systems.
- 05/01/2023
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Spruce Power Holding Corporation (SPRU) Q4 2022 Earnings Call Transcript
- Spruce Power Holding Corporation (NYSE:SPRU ) Q4 2022 Earnings Conference Call March 23, 2023 4:30 PM ET Company Participants Bronson Fleig – Head-Investor Relations Christian Fong – Chief Executive Officer Donald Klein – Chief Financial Officer Conference Call Participants Joseph Osha – Guggenheim Jordan Levy – Truist Operator Good afternoon. My name is Emma, and I will be your conference operator today.
- 03/23/2023
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Spruce Power to Release Fourth Quarter 2022 Results and Host Conference Call on March 23
- 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 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.
- 03/10/2023
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Spruce Power: Meet The New XL Fleet
- Spruce Power, a residential solar company, is replacing the legacy retrofitting business which was beset by poor unit economics. The move represents a hard pivot by management and will see shareholders gain exposure to the fast-growing market for home solar systems.
- 01/19/2023
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