---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-003623"
form_type: "8-K/A"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:36:05.669834+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Spruce Power acquires 41 residential solar systems from NJR Clean Energy for $0.5M

## Summary
- Completion of additional acquisition of 41 solar energy systems from CEV (NJR subsidiary) for $0.5M cash.
- Transaction closed on January 29, 2025 under the APA dated November 22, 2024.
- This is in addition to the previously announced ~9,800 systems covered by the same APA.
- Consideration paid entirely in cash; terms and conditions per the original APA.

## SEC filing metadata
- accession: 0001628280-25-003623
- form_type: 8-K/A
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772720/000162828025003623/0001628280-25-003623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000162828025003623/spru-20241122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-003623
- JSON: https://secwatch.observer/filing/0001628280-25-003623.json
- Plain text: https://secwatch.observer/filing/0001628280-25-003623.txt

## Key facts
- M&A Transactions
  SPRUCE POWER HOLDING CORP completed an acquisition involving NJR Clean Energy Ventures II Corporation (CEV) for approximately $0.5 million in cash (closed 2025-01-29).
  - Action: acquisition
  - Counterparty: NJR Clean Energy Ventures II Corporation (CEV)
  - Consideration: approximately $0.5 million in cash
  - Closing: 2025-01-29
  source text: On January 29, 2025, the Company acquired 41 additional solar energy systems from CEV, pursuant to the APA, for approximately $0.5 million in cash, subject to the terms and conditions set forth therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772720/000162828025003623/0001628280-25-003623-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.