In today’s briefing:
- Spruce Power Holding Corporation: 1Q25 Results; Operating EBITDA Up 15% Y/Y with SP5
Spruce Power Holding Corporation: 1Q25 Results; Operating EBITDA Up 15% Y/Y with SP5
- CEO Chris Hayes hosted SPRU’s 1Q25 results call. Spruce Power is a leading owner-operator of residential solar power purchase agreements (PPAs) and solar lease agreements (SLAs).
- Spruce grows through the acquisition of mature portfolios.
- Spruce now owns the cash flows from ~85,000 home solar assets and contracts, up from 21k in 2018.
Before it’s here, it’s on Smartkarma
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