Spruce Power Holding Corp

Spruce Power Holding Corp. engages in the ownership and operation of distributed solar energy assets. The firm provides subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. It offers products relating to battery solutions, system expansion, extended service agreement, and fleet management. The company was founded by Thomas J. Hynes, III in 2009 and is headquartered in Denver, CO.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) has released the following notice according to THE UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS: THE UNITED STATES DISTRICT COURT DISTRICT OF MASSACHUSETTS   VAL KAY, Derivatively on Behalf of Nominal Defendant XL FLEET CORP.,   Plaintiff, v.   DEB FRODL, ERIC TECH, KEVIN GRIFFIN, CHRIS HAYES, JOHN LEDECKY, SARA SCLARSIC, JOHN MILLER, H.R. BRADY, DIMITRI KAZARINOFF, THOMAS J. HYNES III, AND BRIAN PIERN,   Defendant.

Spruce Power Announces Notice of Pendency and Proposed Settlement of Stockholder Derivative Matters

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 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 w.

Spruce Power to Release First Quarter 2024 Results and Host Conference Call on May 15

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, Chief Executive Officer, will participate in a Water Tower Research Fireside Chat on Friday, April 26, 2024. Topics will include an introduction to Chris Hayes; a review of Spruce's positioning in the distributed solar energy market and the Company's capital light approach t.

Spruce Power CEO Chris Hayes to Participate in a Water Tower Research Fireside Chat on Friday, April 26 at 11:00 AM ET

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.

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 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.

Spruce Power Holding Corporation Announces Leadership Changes

Spruce Power Holding Corporation (NYSE:SPRU) Q4 2023 Results Conference Call March 14, 2024 4:30 PM ET

Spruce Power Holding Corporation (SPRU) Q4 2023 Earnings Call Transcript

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.

Spruce Power Reports Fourth Quarter and Full-Year 2023 Results

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.

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” 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.

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 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.

Spruce Power Announces Expansion of Operating Headquarters in Houston, Texas

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.

Spruce Power: Rare Net-Net Trading 50% Below Cash And Generating Cash

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.

Spruce Power Holding Corporation (SPRU) Q3 2023 Earnings Call Transcript

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 quarter ended September 30, 2023. Business Highlights Third quarter revenue reaches a record level of $23.3 million. By acquiring over 2,400 customer contracts in the third quarter, Spruce has grown its home solar assets and contracts to over 75,000, representing grow.

Spruce Power Announces Record Revenue in Third Quarter 2023 Earnings Results

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.

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” 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.

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, 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.

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, 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.

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 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,.

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, 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.

Spruce Power Announces Relief Plan for Maui Customers

Spruce Power Holding Corporation (NYSE:SPRU ) Q2 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Bronson Fleig - Head, Investor Relations Christian Fong - Chief Executive Officer Sarah Wells - Chief Financial Officer Conference Call Participants Hilary Cauley - Guggenheim Operator Good afternoon, and welcome to the Spruce Power's Second Quarter 2023 Conference Call. As a reminder, today's call is being recorded.

Spruce Power Holding Corporation (SPRU) Q2 2023 Earnings Call Transcript

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 quarter ended June 30, 2023. Business Highlights Reported 2Q revenue of $22.8 million, net income attributable to stockholders of $3.1 million, and adjusted EBITDA, together with proceeds from investment in lease agreement, of $13.8 million. Fully integrated the recen.

Spruce Power Announces Record Net Income in Second Quarter 2023 Earnings 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 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.

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 reported financial results for the quarter ended March 31, 2023. Business Highlights Added cash flows from 22,500 residential solar customer contracts through the Spruce Power 4 Portfolio acquisition, bringing total home solar assets and contracts to over 72,000 Announced a new common share repurchase.

Spruce Power Reports First Quarter 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, 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. Sarah Wells brings considerable industry experience and experti.

Spruce Power Appoints Sarah Wells as New Chief Financial Officer

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 its participation in the following upcoming investor conferences: Credit Suisse 2023 Renewable and Utilities Conference – May 17, 2023, New York, NY TD Cowen Sustainability Week – June 8, 2023, Virtual Christian Fong, Spruce's Chief Executive Officer, and other members of the management team.

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