Spruce Power

Spruce Power is a leading owner and operator of distributed solar energy assets across the United States, offering subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. The company’s mission is “To power our customers’ clean and efficient energy use, for a sustainable future,” achieved through an as-a-service model that allows consumers to access new technology without making a significant upfront investment or incurring maintenance costs. Spruce Power owns over 75,000 home solar assets and contracts and is committed to making renewable energy more accessible.

As a publicly traded company on the NYSE under the symbol SPRU, Spruce Power owns the cash flows from approximately 85,000 home solar assets and contracts across 18 U.S. states and services an additional 60,000 third-party systems through its Spruce PRO platform. For the third quarter of 2025, the company reported $30.7 million in revenue and $26.2 million in Operating EBITDA. Recent strategic initiatives include a partnership to accelerate expansion into home battery storage and streamlining operations to generate $20 million in annualized savings, positioning the company for long-term profitability and growth.