FMP
Spruce Power Holding Corporation
SPRU
NYSE
XL Fleet Corp. provides fleet electrification solutions for commercial vehicles in North America. Its products include hybrid electric drive systems are comprised of an electric motor that is mounted onto the vehicle's drive shaft, an inverter motor controller, and a lithium-ion battery pack to store energy to be used for propulsion; plug-in hybrid electric drive system, which are fitted to vehicles. In addition, the company offers vehicle electrification and infrastructure solutions, and charging stations. It serves end-use customer base comprising Fortune 500 corporate enterprises, public utilities, and various municipalities. The company was incorporated in 2009 and is headquartered in Boston, Massachusetts.
2.12 USD
0.02 (0.943%)
Latest SPRU News
businesswire.com
a day ago
Spruce Power Announces New Partnership to Monetize Solar Renewable Energy Credits (SRECs) in California
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the signing of a new Spruce Pro servicing partnership with commercial & industrial (“C&I”) and residential solar installer Hot Purple Energy (“Hot Purple”) to monetize Solar Renewable Energy Credits (“SREC”) in California. This partnership is part of a broader Spruce initiative to leverage the Company's platform and experience to capture the unrealized benefit of SREC credi.
benzinga.com
Apr 2, 2025
Top 3 Utilities Stocks That May Rocket Higher This Quarter
The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
Stuart Mooney
Mar 31, 2025
Spruce Power Holding Corporation's Financial Performance Analysis
Spruce Power Holding Corporation, trading as NYSE:SPRU, is a company based in Denver that focuses on providing sustainable energy solutions. On March 31, 2025, SPRU reported its earnings, revealing an earnings per share (EPS) of -$0.32, which was better than the estimated EPS of -$0.34. The company also reported revenue of $20.23 million, surpassing the estimated $17.39 million. Despite the negative EPS, SPRU's revenue performance indicates a positive trend. The company has a negative price-to-...
seekingalpha.com
Mar 31, 2025
Spruce Power Holding Corporation (SPRU) Q4 2024 Earnings Call Transcript
Spruce Power Holding Corporation (NYSE:SPRU ) Q4 2024 Earnings Conference Call March 31, 2025 4:30 PM ET Company Participants Scott Kozak - Director, Investor Relations Chris Hayes - Chief Executive Officer Sarah Wells - Chief Financial Officer & Head, Sustainability Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I'll be your conference operator today.
businesswire.com
Mar 31, 2025
Spruce Power Reports Fourth Quarter and Full-Year 2024 Results
DENVER--(BUSINESS WIRE)--Spruce Power 4Q'24 and Full-Year 2024 earnings release.
businesswire.com
Mar 26, 2025
Spruce Power Reschedules Release of Fourth Quarter and Full-Year 2024 Results and Conference Call to March 31
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 has rescheduled its previously announced earnings conference call. The company will now host a conference call to review fourth quarter and full-year 2024 results after the stock market close on Monday, March 31. Spruce will issue a press release reporting its results, which will be available on the I.
businesswire.com
Mar 10, 2025
Spruce Power to Release Fourth Quarter and Full-Year 2024 Results and Host Conference Call on March 26
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 2024 financial results after the stock market close on Wednesday, March 26. 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.a.
businesswire.com
Dec 23, 2024
Spruce Power Announces First Spruce Pro Servicing Customer
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the first customer for its Spruce Pro servicing business. Spruce signed a multi-year Service Agreement with ADT, under which Spruce Pro will facilitate the management and resolution of workmanship and equipment warranty claims for customers of ADT's former solar business, which it wound down earlier in 2024. “We are proud to partner with ADT to provide a solution set to meet the sp.
businesswire.com
Nov 25, 2024
Spruce Power Announces Acquisition of Residential Solar Portfolio from NJR Clean Energy Ventures, Adding Nearly 9,800 Customers in New Jersey
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures (“CEV”), a subsidiary of New Jersey Resources Corporation (NYSE: NJR), for $132.5 million. The acquisition closed on November 22, 2024. The acquired assets (“Spruce Power 5 Portfolio” or the “Portfolio”) consist of approximately 9,800 solar systems in New Jersey that were installed under a CEV residenti.
businesswire.com
Nov 25, 2024
NJR Clean Energy Ventures Announces Sale of Residential Solar Business
WALL, N.J.--(BUSINESS WIRE)--NJR Clean Energy Ventures (CEV), a clean energy subsidiary of New Jersey Resources (NYSE: NJR), today announced the sale of its 91 megawatt (MW) residential solar portfolio, to Spruce Power Holding Corporation (NYSE: SPRU) for a total of $132.5 million. NJR expects to record a gain on sale in fiscal 2025, and will use the proceeds to pay down corporate debt and for general working capital purposes. “Renewable energy investments are an integral part of our business a.
