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Stock impact report

Spruce Power Wins Competitive Spruce PRO Backup Servicing Agreement Expanding to Puerto Rico, Cementing Status as the Go-To End-to-End Solar Portfolio Servicer

Spruce Power Holding Corporation Class A (SPRU) 
Company Research Source: Business Wire
- Demonstrates Further Traction for Spruce PRO Servicing Solutions and Supports Sunvida’s Efforts to Ensure Business Continuity and Quality Assurance for its Residential Solar Customers 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, announced a multi-year backup servicing agreement with Sunvida, a premier Puerto Rico-based solar financing options platform. The Spruce PRO backup servicing partnership will initially include data storage, data validity and reporting, with the potential for an expanded relationship over time.“Many financial organizations supporting residential solar development are taking action to require backup servicing. Spruce’s proven and highly efficient service offering positions us well to reduce project risk and win new business,” said Chris Hayes, Chief Executive Officer of Spruce. “This agreement enables Spruce to est Show less Read more
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