Spruce Power Holding Corporation

Spruce Power Holding Corporation, commonly known as Spruce Power, is a leading owner and operator of distributed solar energy assets across the United States. Headquartered in Denver, Colorado, the company's mission is to power its customers' clean and efficient energy use for a sustainable future.

The company provides subscription-based services that enable homeowners to benefit from rooftop solar power and battery storage without significant upfront investment or maintenance costs. Spruce Power owns the cash flows from approximately 84,000 to 85,000 home solar assets and contracts and services around 140,000 home solar systems nationwide. Its Spruce PRO platform offers comprehensive portfolio management services, including billing, collections, and asset operations, for both its own and third-party systems.

In recent leadership changes, Chris Hayes was appointed Chief Executive Officer in April 2024, and Thomas Cimino became Chief Financial Officer in December 2025. Spruce Power has recently initiated a company-wide AI transformation to enhance customer experience and operational efficiency. The company is expanding its offerings into the home battery storage market through a strategic partnership with Treehouse, established in October 2025, and continues to grow its solar and storage services through new contracts like the one with EnerWealth Solutions in North Carolina. Spruce Power also has an active $50 million equity buyback program through May 2027.