Tag: Spruce Financial
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Spruce Finance closes huge debt financing deal for its residential solar portfolio
Spruce Finance, a large private owner and operator of distributed generation solar and residential energy assets in the U.S., has closed a $124 million debt financing deal for its portfolio of residential solar power purchase agreements (PPAs) and leases with Vantage Infrastructure and Sequoia Economic Infrastructure Income Fund (SEQI). TheRead More — Solar Builder magazine
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Spruce Finance adds a 31-MW portfolio of residential solar assets
Spruce Finance, a large private owner and operator of residential solar assets, has completed its most significant solar portfolio acquisition to date: 5,864 rooftop solar assets totaling 31.3 megawatts (MW) from funds managed by Atalaya Capital Management LP. This acquisition not only provides meaningful growth to its portfolio but also expandsRead More — Solar Builder magazine
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Energy Service Experts relocates HQ to Houston, Spruce Financial gets a new COO
Energy Service Experts (ESE), a residential energy servicing solution provider for the solar and energy efficiency sectors, has completed the relocation of its headquarters from San Francisco to Houston. As part of the transition, ESE’s president and chief operating officer, Jonathan Roumel, has been named to also serve as COORead More — Solar Builder magazine
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Strength in numbers: How solar installers can build business through third-party programs
As the story goes, solar system costs came down, which drove up demand. But this story is a bit too simplistic because the price drop and demand rise allowed the solar market to mature. In those years where module, mounting and inverter manufacturers drove down costs, quality increased, better salesRead More — Solar Builder magazine