HOUSTON, TX: Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced it has acquired a significant portfolio of residential assets. The acquisition reflects Spruce’s growth strategy, which is centered around continued expansion of its operating portfolio and servicing platform. Spruce’s acquisition of the fund, consisting […]
Spruce Finance Acquires 12.1 MW Residential Solar Portfolio
Second-largest private owner of residential solar assets adds more than 2,000 residential assets, continuing its growth path HOUSTON: Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced it has acquired a significant portfolio of residential assets. The acquisition reflects Spruce’s growth strategy, which is centered […]
Solar Asset Owner Spruce Finance Lands $50 Million Follow-On Equity Investment from HPS Investment Partners
Tim Distler joins as VP of corporate development to lead M&A efforts of United States’ second-largest private owner of residential solar assets HOUSTON: Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced it has received a $50 million equity investment from its owner HPS Investment Partners, a […]
Spruce Finance Closes $208 Million Senior Secured Financing of Owned Residential Solar Assets
Deal’s competitive financing terms position Spruce to expand its solar asset portfolio HOUSTON: Spruce Finance, a leading owner and operator of distributed generation solar and residential energy assets in the U.S., announced today the closing of a $208 million senior secured financing of its residential solar assets. The debt financing gives Spruce access to competitively […]