Spruce Power Holding Corporation (SPRU) Q1 2025 Earnings Call Transcript

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Spruce Power Holding Corporation (NYSE:SPRU) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET

Company Participants

Scott Kozak - Director, Investor Relations
Chris Hayes - Chief Executive Officer
Sarah Wells - Chief Financial Officer & Head, Sustainability

Conference Call Participants

Peter Gastreich - Water Tower Research

Operator

Hello, and thank you for standing by. My name is Lacey and I will be your conference operator today. At this time, I would like to welcome everyone to the Spruce Power First Quarter 2025 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions]

At this time, I would like to turn the call over to Scott Kozak, Director of Investor Relations. Sir, you may go ahead.

Scott Kozak

Thank you, operator. Good afternoon, everyone, and welcome to Spruce Power's first quarter of 2025 earnings conference call. Joining me today are Chris Hayes, Spruce’s Chief Executive Officer; and Sarah Wells, our Chief Financial Officer and Head of Sustainability.

Before we begin, I would like to remind you that we will comment on our financial performance using both GAAP and non-GAAP financial measures. Important information about these non-GAAP financial measures, including reconciliation to the comparable GAAP measures, is included in our earnings release for the first quarter 2025.

Our discussion will also include forward-looking statements. These statements are not statements of historical fact, reflect our current expectations, and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed. There could be no assurance that actual performance will not differ materially from any future expectations or results expressed or implied by these forward-looking statements. We undertake no obligation to publicly revise or update any forward-looking statement, except as required by applicable law. Please refer to

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