SPRU

Spruce Power Holding Corporation

A company that owns and operates residential rooftop solar systems across the United States, buying up solar installations and managing the power purchase agreements and leases that come with them. It grew out of a company founded in 2008 and took the Spruce Power name in 2022 after a merger and rebranding. A fun detail: it acts a bit like a landlord for solar panels, collecting payments from homeowners while the panels keep generating clean power.