Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States, with a market cap of $50.60 million.
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Yahoo
87.5%
investing.com
12.5%
Country
US
Industry
Information Technology
Market Cap
Micro Cap
Num. Employees
318
IPO Date
Jul 16, 2019
Country
US
Industry
Information Technology
Spruce Power Holding Corp. engages in the ownership and operation of distributed solar energy assets. The company is headquartered in Wixom, Michigan and currently employs 318 full-time employees. The company went IPO on 2019-07-16. The firm provides subscription-based services that make it easy for homeowners to own and maintain rooftop solar and battery storage. The firm also engages in the energy efficiency and solar loan servicing business. The firm offers services that include asset management services and operating and maintenance services for residential solar photovoltaic projects, in addition to, loan servicing support that allows residential consumers to finance energy-efficient home improvements and residential solar energy systems. The firm also provides management services to approximately 7,500 systems owned by other companies. These services include billing and collections, account management services, financial reporting, homeowner support and maintenance monitoring and dispatch.
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