{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-004675","form_type":"8-K/A","ticker":"SPRU","cik":"0001772720","company_name":"SPRUCE POWER HOLDING CORP","filed_at":"2025-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.808420+00:00","generated_at":"2026-05-27T00:27:21.593667+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Spruce Power files audited FY2024 revenue of $31.9M for acquired 9,800-system NJ solar portfolio","bullets":["Acquired ~9,800 residential solar systems from NJR Clean Energy Ventures for $132.5M cash; financed with $22.2M cash and $109.8M term loan.","Portfolio generated $31.9M revenue in FY ended Sept 30, 2024; revenues less direct expenses of $19.0M (FY2023: $18.5M).","Net assets acquired as of Sept 30, 2024: $69.4M; total assets $70.4M; ARO liabilities $1.0M.","Additional up to 200 solar assets may be acquired post-closing; 41 acquired on Jan 29, 2025.","NJR will lease back systems under 5 years old; SREC sale agreement with NJR subsidiary through May 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-004675","json":"https://secwatch.observer/filing/0001628280-25-004675.json","markdown":"https://secwatch.observer/filing/0001628280-25-004675.md","text":"https://secwatch.observer/filing/0001628280-25-004675.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1772720/000162828025004675/0001628280-25-004675-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1772720/000162828025004675/spru-20241122.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T00:27:21.593667+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"}