US distributed solar asset owner Spruce Power posted decreased revenues and EBITDA in Q4 2023, totalling US$15.7 million and US$9.9 million respectively.
US distributed solar asset owner Spruce Power has posted increased sequential revenues and adjusted EBITDA in the third quarter of 2023, as its total portfolio of residential solar assets and contracts increased to over 75,000.
US distributed solar supplier Spruce Power has posted an improved financial results as its adjusted EBITDA increased by 33.8% year-on-year in the first half of 2023.
US distributed solar supplier Spruce Power has been issued a notice by the New York Stock Exchange (NYSE) informing the company that its stock price has fallen below the necessary benchmark for listing.
Vehicle electrification solutions provider XL Fleet has acquired Spruce Power, an owner and operator of residential rooftop solar systems in the US with more than 52,000 subscribers across 16 states.