Spruce Finance Inc.
Spruce Finance is a leading owner and operator of distributed generation solar and residential energy assets in the United States. It was formed in 2015 with the merger of Clean Power Finance and Kilowatt Financial and evolved under new leadership to its current business model. Spruce is owned, through Spruce Holdings, by HPS investment Partners, a leading investment firm with more than $46 billion of assets under management. Spruce Finance is headquartered in Houston, Texas, and maintains executive and M&A offices in San Francisco. Spruce owns Energy Service Experts, a leading residential energy servicing solution provider for the solar and energy efficiency sectors.
Company details
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- Business Type:
- Manufacturer
- Industry Type:
- Renewable Energy
- Market Focus:
- Nationally (across the country)
- Year Founded:
- 2007
Our Team
Spruce employs about 200 employees in San Francisco, Anaheim, Des Moines, Houston and New York. Our management team has decades of experience in the consumer financing, technology and renewable energy industries.
Industry Leadership
We are experts at financing consumer residential solar and energy efficiency improvements. We’ve used our expertise to help set consumer protection best practices for the U.S. solar industry, and our executives have held leadership roles at the Solar Energy Industries Association (SEIA).