{"id":819428,"date":"2022-09-12T19:07:56","date_gmt":"2022-09-12T17:07:56","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/xl-fleet-completes-transformational-acquisition-of-spruce-power-the-largest-privately-held-solar-as-a-service-provider\/"},"modified":"2022-09-12T19:07:56","modified_gmt":"2022-09-12T17:07:56","slug":"xl-fleet-completes-transformational-acquisition-of-spruce-power-the-largest-privately-held-solar-as-a-service-provider","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/xl-fleet-completes-transformational-acquisition-of-spruce-power-the-largest-privately-held-solar-as-a-service-provider\/","title":{"rendered":"XL Fleet Completes Transformational Acquisition of Spruce Power, the Largest Privately Held Solar-as-a-Service Provider"},"content":{"rendered":"Completed acquisition of Spruce Power from funds managed by HPS for total cash consideration of approximately $58 million and the assumption of approximately $542 million of debt on September 9, 2022\nSpruce Power is the largest privately held owner and operator of residential rooftop solar systems in the U.S. with more than 52,000 subscribers\nAcquisition is cornerstone of XL Fleet\u2019s new corporate strategy to become leading provider of subscription-based solutions for rooftop solar, battery storage and EV charging\nSpruce Power generated $15 million of net income and $51 million of Adjusted EBITDA during the twelve months ended June 30, 2022 \nMore than $240 million of unrestricted cash on hand after completion of the transaction provides si
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Completed acquisition of Spruce Power from funds managed by HPS for total cash consideration of approximately $58 million and the assumption of approximately $542 million of debt on September 9, 2022 Spruce Power is the largest privately held owner and operator of residential rooftop solar systems in the U.S. with more than 52,000 subscribers Acquisition […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-819428","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"\nXL Fleet Completes Transformational Acquisition of Spruce Power, the Largest Privately Held Solar-as-a-Service Provider - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/xl-fleet-completes-transformational-acquisition-of-spruce-power-the-largest-privately-held-solar-as-a-service-provider\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XL Fleet Completes Transformational Acquisition of Spruce Power, the Largest Privately Held Solar-as-a-Service Provider - 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