---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-010090"
form_type: "8-K/A"
ticker: "SPRU"
cik: "0001772720"
company_name: "SPRUCE POWER HOLDING CORP"
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T10:52:36.390279+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Spruce Power acquires additional 42 solar systems from NJR subsidiary for ~$1.0M

## Summary
- Acquired 42 additional solar energy systems from NJR Clean Energy Ventures II Corp for ~$1.0M cash.
- This is the third amendment; prior deals closed 9,800 (Nov 2024) and 41 (Feb 2025) systems.
- Systems acquired under the same Asset Purchase Agreement dated Nov 22, 2024.
- Transaction completed by wholly-owned subsidiary Spruce Power 5, LLC.

## SEC filing metadata
- accession: 0001628280-25-010090
- form_type: 8-K/A
- ticker: SPRU
- cik: 0001772720
- company_name: SPRUCE POWER HOLDING CORP
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 9.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772720/000162828025010090/0001628280-25-010090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772720/000162828025010090/spru-20241122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-010090
- JSON: https://secwatch.observer/filing/0001628280-25-010090.json
- Plain text: https://secwatch.observer/filing/0001628280-25-010090.txt

## Key facts
- M&A Transactions
  SPRUCE POWER HOLDING CORP completed an acquisition involving NJR Clean Energy Ventures II Corporation for approximately $1.0 million (closed 2025-02-28).
  - Action: acquisition
  - Counterparty: NJR Clean Energy Ventures II Corporation
  - Consideration: approximately $1.0 million
  - Closing: 2025-02-28
  source text: On February 28, 2025, the Company acquired 42 additional solar energy systems from CEV, pursuant to the APA, for approximately $1.0 million in cash, subject to the terms and conditions set forth therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772720/000162828025010090/0001628280-25-010090-index.htm

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