Spruce Power (SPRU) Enters $130M Debt Financing

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/29/2026

1. NOW
2. MSFT
3. GOOGL
4. FTNT
5. EBAY
6. CMG
7. TENB
8. BIIB
9. KLAC
10. ETSY

Go back to Spruce Power (SPRU) Enters $130M Debt Financing

Spruce Power Announces $130 Million Debt Financing

July 1, 2024 7:30 AM EDT

DENVER--(BUSINESS WIRE)-- Spruce Power Holding Corporation (NYSE: SPRU) (Spruce or the Company), a leading owner and operator of distributed solar energy assets across the United States, today announced that certain of its subsidiaries have closed on a $130 million non-recourse debt facility (the New Debt Facility) provided by Barings LLC (Barings). The New Debt Facility refinances the Companys term loan of $125 million (the SP4 Facility) and provides for a net injection of incremental capital.

Spruce is proud to announce the execution and closing of the refinance of its SP4 Facility. This transaction achieves a favorable balance of... More