Brief: Spruce Power Announces Acquisition Of Residential Solar Portfolio From NJR Clean Energy Ventures, Adding Nearly 9,800 Customers In New Jersey

Spruce Power Holding

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;))