SPRUCE POWER HOLDING CORP
Close on Oct 19, 2026
- Market cap
- $29.63M
- P/E (TTM)
- –
- Dividend yield
- –
About Spruce Power
Electric Services, SIC 4911
Spruce Power Holding Corporation owns and operates distributed solar energy assets and provides subscription-based clean energy services. The company primarily serves residential homeowners by leasing rooftop solar energy systems and selling solar electricity under long-term customer agreements. Additionally, it generates and sells solar renewable energy credits. Through its Spruce Pro servicing platform, the company also provides management services for third-party solar systems across residential, commercial, and industrial sectors, including billing, customer support, and asset maintenance.
The company operates across 18 states in the United States, managing approximately 84,000 home solar systems and contracts with a total capacity of roughly 509 megawatts. Its servicing platform manages over 60,000 additional systems owned by third parties. The company employs 159 full-time personnel, primarily based in Texas, New Jersey, and California, and maintains its corporate headquarters in Houston, Texas.
Summary of the business section of Spruce Power's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SPRUCE POWER HOLDING CORP
- Headquarters
- Houston, TX
- Address
- 820 Gessner Road, Suite 500 77024
- Phone
- (866) 777-8235
- Website
- sprucepower.com
- Employees
- 159, Dec 31, 2025
- Industry
- Electric Services
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- CohnReznick LLP, New York, New York
Stock & identifiers
- Ticker
- SPRU
- Exchange
- NYSE
- IPO date
- Jul 15, 2019
- Shares outstanding
- 19M, Aug 10, 2026
- Public float
- $31.60M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- Stock splits
- 1-for-8 reverse, Oct 9, 2023; 1-for-8 reverse, Jun 30, 2023; 47-for-4, Mar 31, 2021
- SEC CIK
- 1772720
- CUSIP
- 9837FR209
- ISIN
- US9837FR2091
- LEI
- 549300W71XJ8DIF9RQ35
- EIN
- 83-4109918
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christopher M. Hayes | President & CEO, Director | 695,037 |
| Christian S. Fong | President and CEO, Director | 474,340 |
| Bobby Owens | General Counsel | 42,918 |
| Jonathan McWhinnie Norling | Chief Legal Officer | 403,252 |
| Thomas James Cimino | CFO | 60,000 |
| Sarah Weber Wells | Chief Financial Officer | 198,356 |
| Benjamin L. Rosenzweig | Director | 117,801 |
| Jack L. Howard | Director | 155,140 |
| Shawn W. Kravetz | Director | 506,882 |
| Jonathan J. Ledecky | Director | 450,588 |
| Ja-Chin Lee | Director | 143,933 |
| John P. Miller | Director | 155,593 |
| McBane Clara Nagy | Director | 107,755 |
| Eric M. Tech | Director | 153,456 |
| Kevin Griffin | Director | 541,880 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Hayes | $2.20M | $4.39M | $596.71K | $69 | – |
| FY2024 Christian Fong | $2.08M | $505.98K | $882.72K | $40 | – |
| FY2024 Christopher Hayes | $2.20M | $1.95M | $882.72K | $40 | – |
| FY2024 Fong | $2.08M | $505.98K | $882.72K | $40 | – |
| FY2024 Hayes | $2.20M | $1.95M | $882.72K | $40 | – |
| FY2023 Christian Fong | $1.32M | $391.46K | $800.43K | $60 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 159 full time employees primarily located in Texas, New Jersey, and California.”
Corporate history
Events identified from SEC filings