SPRUCE POWER HOLDING CORP (SPRU): M&A transaction — 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.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

SPRUCE POWER HOLDING CORP completed an acquisition involving NJR Clean Energy Ventures II Corporation for approximately $0.7 million in cash (closed 2025-06-10).

Action: acquisition
Counterparty: NJR Clean Energy Ventures II Corporation
Consideration: approximately $0.7 million in cash
Closing: 2025-06-10

Exact text from the filing

On June 10, 2025, the Company acquired 25 additional solar energy systems from CEV, pursuant to the APA, for approximately $0.7 million in cash, subject to the terms and conditions set forth therein.

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31 m&a transactions filed in the last 30 days. Browse all m&a transactions →

SPRUCE POWER HOLDING CORP filing history →

Source: SEC EDGAR

accession 0001628280-25-031114

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