On September 10, 2026, Clara Nagy McBane notified Spruce Power Holding Corporation of her resignation from the Board of Directors. The resignation is contingent upon agreement regarding outstanding equity awards and confirmation of indemnification obligations and D&O insurance coverage. Upon satisfaction of these contingencies, Benjamin Rosenzweig will be appointed as a Class B director to fill the resulting vacancy. Mr. Rosenzweig is employed by Steel Partners Holdings L.P., an affiliate of SP Strategic Holdings LLC, which holds approximately 17.8% of the company's common stock. Spruce Power Holding Corporation operates in the energy sector, focusing on power generation and infrastructure.

Spruce Power Holding Corporation reported second quarter 2026 financial results, achieving operating income of $9.8 million and net income attributable to stockholders of $3.3 million, or $0.15 diluted earnings per share. Revenues decreased 9% year-over-year to $30.3 million due to lower Solar Renewable Energy Credits and Performance Based Incentives. Operating EBITDA rose 7% to a record $26.5 million, driven by cost management that reduced SG&A expenses by 26%. The company generated $4.8 million in Adjusted Cash Flow from Operations and repaid $7.9 million of debt principal, reducing total non-recourse debt to $679.5 million. As of June 30, 2026, the company held $81.5 million in cash and restricted cash, equivalent to $4.24 per share. Spruce Power Holding Corporation operates as a leading owner and operator of distributed solar energy assets across the United States.

Spruce Power Holding Corporation reported second quarter 2026 financial results, announcing operating income of $9.8 million and net income attributable to stockholders of $3.3 million. Revenues decreased 9% year-over-year to $30.3 million due to lower Solar Renewable Energy Credits and Performance Based Incentives. Operating EBITDA rose 7% to a record $26.5 million, driven by cost management that reduced SG&A expenses by 26%. The company ended the quarter with $81.5 million in cash and paid down $7.9 million of debt principal, reducing total non-recourse debt to $679.5 million. Diluted earnings per share were $0.14 compared to a loss of $0.17 in the prior year period. Spruce Power Holding Corporation is a leading owner and operator of distributed solar energy assets across the United States.

Spruce Power Holding Corporation appointed Bobby L. Owens as General Counsel effective July 13, 2026. Mr. Owens receives an initial annual base salary of $325,000, a target annual cash bonus of 60% of base salary, a $100,000 sign-on restricted stock unit award, and annual equity awards valued at 75% of his base salary. Simultaneously, the Board approved the termination of Chief Legal Officer Jonathan Norling, effective on a date to be determined by the CEO, with a separation agreement pending. The company provides clean energy solutions and operates in the renewable energy industry.