BRIEF-Spruce Power Announces Acquisition Of Residential Solar Portfolio From NJR Clean Energy Ventures, Adding Nearly 9,800 Customers In New Jersey

Reuters
26 Nov 2024
BRIEF-Spruce Power Announces Acquisition Of Residential Solar Portfolio From NJR Clean Energy Ventures, Adding Nearly 9,800 Customers In New Jersey

Nov 25 (Reuters) - Spruce Power Holding Corp SPRU.N:

  • SPRUCE POWER ANNOUNCES ACQUISITION OF RESIDENTIAL SOLAR PORTFOLIO FROM NJR CLEAN ENERGY VENTURES, ADDING NEARLY 9,800 CUSTOMERS IN NEW JERSEY

  • SPRUCE POWER HOLDING CORP - DEAL EXPECTED TO HAVE IMMEDIATE ACCRETIVE FINANCIAL IMPACT, DELIVERING STRONG INITIAL CASH-ON-CASH YIELD

  • SPRUCE POWER HOLDING CORP - ACQUIRES RESIDENTIAL SOLAR PORTFOLIO FOR $132.5 MILLION

Source text: ID:nBw63mHGha

Further company coverage: SPRU.N

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