Brief: Spruce Power Announces Acquisition Of Residential Solar Portfolio From NJR Clean Energy Ventures, Adding Nearly 9,800 Customers In New Jersey
25/11/2024 22:18
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
((Reuters.Briefs@thomsonreuters.com;))
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