{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-049189","form_type":"8-K","ticker":"SPRU","cik":"0001772720","company_name":"SPRUCE POWER HOLDING CORP","filed_at":"2024-11-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.560849+00:00","generated_at":"2026-05-29T17:58:11.621937+00:00","sec_items":["2.03","2.01","1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Spruce Power acquires 9,800 residential solar systems for $132.5M, funded with cash and new $109.8M debt facility","bullets":["Acquisition adds ~13% to total home solar assets and contracts, bringing total to ~85,000.","Purchase price funded with $22.7M cash and proceeds from a $109.8M non-recourse credit facility from Santander.","Portfolio expected to generate ~$7.0M levered cash flows in 12 months ending Sep 2025; ~$22.0M cumulative in FY2025-2027.","Average remaining contract life over 11 years; Spruce receives customer payments and renewable energy credits effective Oct 1, 2024.","Transaction solidifies Spruce as leading residential solar provider in New Jersey with ~16,000 customers in-state."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-049189","json":"https://secwatch.observer/filing/0001628280-24-049189.json","markdown":"https://secwatch.observer/filing/0001628280-24-049189.md","text":"https://secwatch.observer/filing/0001628280-24-049189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772720/000162828024049189/0001628280-24-049189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772720/000162828024049189/spru-20241122.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T17:58:11.621937+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}