DENVER--Spruce Power Holding Corporation (NYSE: SPRU) ("Spruce" or the "Company") today announced the acquisition of a residential solar portfolio from NJR Clean Energy Ventures ("CEV"), a subsidiary ...
The growth of the Photovoltaic industry is driven by the rising number of solar installations attributed to government-led incentives and schemes, growth in the adoption of PV systems for residential ...
The acquired assets (“Spruce Power 5 Portfolio” or the “Portfolio”) consist of approximately 9,800 solar systems in New Jersey that were installed under a CEV residential solar program between 2010 to ...
New Jersey Resources said its NJR Clean Energy Ventures subsidiary sold its 91 MW residential solar portfolio to Spruce Power Holding in a $132.5 million deal. Spruce Power is a power-as-a-service ...