Spruce Finance
 | |
| Industry | Solar energy and energy efficiency |
|---|---|
| Founded | 2015 |
| Headquarters | 201 Mission Street, 11th Floor San Francisco, 94105 US |
Key people |
Nat Kreamer Jeff Loebbaka Steve Olszewski Nick Mack Leslie Cariani Darren Thompson |
| Website | www.sprucefinance.com |
Spruce Finance, headquartered in San Francisco, California is a consumer finance company specializing in the residential solar finance and efficiency home improvement sectors in the U.S.[1] The company was founded in 2015 when Clean Power Finance merged with Kilowatt Financial[2] and is led by CEO Nat Kreamer, co-founder of Sunrun.[3]
The company operates its efficiency business in 50 states and its solar business in 25 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Louisiana, Maryland, Massachusetts, Minnesota, Missouri, Nevada, New Mexico, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Vermont and Washington.[4]
Investors
Spruce is a private company backed by investors that include Kleiner Perkins Caufield & Byers, Google Ventures (GV), Duke Energy (NYSE: DUK), Edison International (NYSE: EIX), Dominion Resources (NYSE: D), and Claremont Creek Ventures.[5]
References
- ↑ Meyers, Glenn(January 15, 2015)Newly Branded Spruce Finance Offers Renewable Energy Financing. Cleantechnica.com.
- ↑ Wesoff, Eric (July 15, 2015) "Clean Power Finance and Kilowatt Financial Are Merging". Greentech Media.
- ↑ Olson, Syanne (September 6, 2011). "Clean Power Finance closes US$25M investment from KPCB, names new CEO, three board members". PV-Tech.org.
- ↑ Stromsa, Karl-Erik (March 1, 2016). "5 MINUTES with Nat Kreamer, CEO of Spruce Finance". Rechargenews.com.
- ↑ Eckhouse, Brian (May 25, 2016). "Spruce Arranges $120 Million Financing for Rooftop Solar". Bloomberg News.