Spruce Power acquires 25 solar systems from NJR subsidiary for $0.7M

SPRUCE POWER HOLDING CORP

Acquired 25 solar energy systems from CEV on June 10, 2025, for approx. $0.7M in cash.
Additional closing under the Asset Purchase Agreement announced Nov. 22, 2024 for ~9,800 systems.
Total acquisitions under APA now include 9,800, 41, 42, 66, and 25 systems.

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