Latest news with #Spruce
Business Wire
08-08-2025
- Business
- Business Wire
Spruce Power Signs Multi-Year Multimillion Dollar Agreement to Sell Renewable Energy Credits in New Jersey
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) ('Spruce' or the 'Company'), a leading owner and operator of distributed solar energy assets across the United States, announced a multi-year agreement to sell Spruce's Solar Renewable Energy Credits ('SRECs') in the state of New Jersey to an investment-grade energy sector counterparty that is ranked among the Fortune Global 50. The transaction is expected to generate approximately $10 million in fully-hedged revenue for Spruce through 2029. This partnership is part of a broader Spruce initiative to leverage the Company's platform and experience to capture the benefits of our SRECs. Chris Hayes, Chief Executive Officer of Spruce said, 'We view scaling SREC registration as a low cost, low risk opportunity to generate capital-light high margin, cash flow for the Company. This transaction is another example of Spruce's expertise in maximizing value from our assets while hedging against future price movements. The forward contract provides an important ongoing hedged revenue stream and reinforces the dependability of Spruce's cash flow generation.' Hayes concluded, 'We believe the counterparty is utilizing Spruce's SRECs as a compliance instrument to hedge their electricity supply positions in the state of New Jersey. We anticipate similar opportunities may be available to Spruce in certain northeastern states as well as California, which we are actively pursuing.' Distributed generation solar owners interested in maximizing SREC revenue should contact Spruce's Environmental Commodities Markets ('ECM') Desk at ecmdesk@ to learn more about Spruce's SREC operations and trading expertise. Potential SREC compliance buyers should also contact Spruce Power. Spruce PRO offers a suite of services that can be tailored for third-party owners of distributed generation assets, including financial and asset management operations, customer service support, and environmental commodities trading. For more information on Spruce PRO, please visit About Spruce Power Spruce Power Holding Corporation (NYSE: SPRU) is a leading owner and operator of distributed solar energy assets across the United States. We provide subscription-based services that make it easy for homeowners to benefit from rooftop solar power and battery storage. Our power as-a-service model allows consumers to access new technology without making a significant upfront investment or incurring maintenance costs. Our company owns the cash flows from approximately 85,000 home solar assets and contracts across the United States. For additional information, please visit Forward Looking Statements Certain statements in this press release may constitute 'forward-looking statements' within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and rules promulgated thereunder. Forward-looking statements generally are characterized by the use of certain words or phrases (and their derivatives) such as 'believe,' 'continue,' 'may,' 'will,' 'estimate,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'should,' 'would,' 'plan,' 'goals,' 'predict,' 'potential,' 'seem,' 'seek,' 'future,' 'outlook,' and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements in this release include statements regarding the Company's initiatives and future opportunities with respect to SRECs and the expected benefits with respect to this transaction and future similar transactions, including expectations with respect to the fully hedged revenue expected to be generated by this transaction. These statements are based on our current plans and strategies, as well as various assumptions, whether or not identified in this press release, and on the current expectations of management, all of which management believes are reasonable as of the date of this report, and reflect our current assessment of the risks and uncertainties related to the Company's business and are made as of the date of this press release. Although we believe that our expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of our existing knowledge about the Company's business and operations, there can be no assurance that actual future results, performance or achievements of, or trends affecting, us will not differ materially from any future results, performance, achievements or trends expressed or implied by such forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by forward-looking statements, including but not limited to: expectations regarding the growth of the solar industry and home electrification; uncertainties relating to the solar energy industry; the ability to identify and complete strategic acquisitions or strategic relationships; our ability to successfully integrate acquisitions; the ability to develop and market new products and services; the effects of pending and future legislation; the highly competitive nature of the Company's business and markets; the ability to execute on and consummate business plans in anticipated time frames; litigation, complaints, product liability claims, government investigations and/or adverse publicity; cost increases or shortages in the materials necessary to support the Company's products and services; the introduction of new technologies; the impact of natural disasters and other events beyond our control, such as hurricanes, wildfires or pandemics, on the Company's business, results of operations, financial condition, regulatory compliance and customer experience; privacy and data protection laws, privacy or data breaches, or the loss of data; general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; risks related to the rollout of the Company's business and the timing of expected business milestones; the effects of competition on the Company's future business; the availability of capital, including the availability and cost of borrowings; and the other risks discussed under the heading 'Risk Factors' in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on March 31, 2025, subsequent Quarterly Reports on Form 10-Q and other documents that the Company files with the SEC in the future. These factors are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can the Company assess the impact of all such risk factors on its business or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
National Observer
08-08-2025
- Politics
- National Observer
Court clears way for raise of Mount Polley tailings dam despite Indigenous opposition
The BC Supreme Court has rejected a First Nation's legal challenge against the government's approval for Imperial Metals to raise the Mount Polley Mine tailings dam by four metres, a ruling delivered during the anniversary week of the catastrophic 2014 breach. The 2014 disaster — BC's largest environmental disaster from mining — released over 24 million cubic metres of toxic mine waste into Xatśūll territory in the Cariboo region near Williams Lake. The community continues to face lasting impacts on their rights, culture, environment and way of life more than a decade later. Justice Michael Tammen ruled that consultation with the Xatśūll Nation was legally sufficient and described the proposed four-metre raise as 'comparatively modest,' unlikely to increase the mine's overall footprint or environmental impact. He said the court's focus was on the current project, not the earlier disaster, and described the risk of another dam failure as 'remote.' 'This is the same unstable soil condition that caused the catastrophic failure more than a decade ago,' said Nikki Spruce, director of the Northern Confluence and co-chair of the BC Mining Law Reform Network, a coalition advocating for stronger mining laws and environmental protections. 'Raising the dam height again on this foundation without a thorough, modern environmental assessment is deeply troubling.' The Xatśūll First Nation said it was deeply disappointed and will review the decision and consider next steps. Indigenous leaders condemned the decision. Stewart Phillip, grand chief of the Union of BC Indian Chiefs, said the ruling 'is a profound blow to Indigenous rights and environmental justice.' 'This is the same unstable soil condition that caused the catastrophic failure more than a decade ago,' said Nikki Spruce, director of the Northern Confluence and co-chair of the BC Mining Law Reform Network. The decision 'sadly advances a 'business as usual' approach to consultation, an approach that BC First Nations have long asserted that it is fundamentally broken and does not uphold our inherent and constitutionally protected title and rights,' he said. UBCIC called on the province to explain what meaningful consultation and consent look like for Indigenous peoples under the Declaration on the Rights of Indigenous Peoples Act, especially after the recent passage of Bills 14 and 15. 'Bills 14 and 15 send exactly the wrong message to those living downstream of risky mines: it's about making it easier for big projects to get permits, not about making Indigenous consent real or prioritizing environmental protection,' Spruce said. Bills 14 and 15, passed earlier this year, give the provincial cabinet broad authority to fast-track renewable energy and infrastructure projects by streamlining regulatory approvals, exempting certain projects from environmental assessment. Spruce said that the Mount Polley dam expansion 'represents all the worst parts of BC's current mining rules,' from loopholes that let companies avoid new environmental assessments to a system that overlooks the combined effects of small project expansions and shuts out the affected communities from decisions about their lands.
Yahoo
29-07-2025
- Business
- Yahoo
H&R Block to Release Fiscal 2025 Results on August 12, 2025
KANSAS CITY, Mo., July 29, 2025 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) will report fourth quarter and fiscal 2025 full year results on Tuesday August 12, 2025, after the New York Stock Exchange market close. At that time, a copy of the press release and presentation will be available on the company's investor relations website at A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Tuesday, August 12, 2025. During the conference call the company will give a general business update and discuss fiscal 2025 results and fiscal 2026 outlook. To join live, participants must register at Once registered, the participant will receive a dial-in number and unique PIN to access the call. Please join approximately 5 minutes prior to the scheduled start time. The call, along with a presentation for viewing, will also be webcast in a listen-only format for the media and public. The webcast can be accessed directly at and will be available for replay 2 hours after the call is concluded and continuing for 90 days. About H&R BlockH&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with year-round bookkeeping, payroll, advisory, and payment processing solutions. For more information, visit H&R Block News. For Further Information Investor Relations: Jessica Hazel, (816) 854-4214, Media Relations: Media Desk, mediadesk@ in to access your portfolio
USA Today
05-07-2025
- Entertainment
- USA Today
Get an early look of the Ohio State football entrance in 'College Football 26'
It's almost time for everyone to get their hands on the latest edition of the popular EA Sports college football video game, "College Football 26." It drops for everyone on July 10, but those who buy the Deluxe Pack can have access to play the game on July 7. Before that, some have been able to access the gameplay prior to the public, and thanks to Spruce's YouTube Channel, we have our first look at Ohio State football's entrance. In it, the game creators included Script Ohio, the tunnel entrance, more of the band, and more. You can even see a likeness of head coach Ryan Day, but do that as you will. Get a look for yourself before a lot of others can, but taking a look at the video shared by The Scarlet and Gray Podcast by way of the Spruce YouTube channel. Only a few days left until we're all playing. I'm sure there will be more to come on the ins and outs of the game from an Ohio State slant. Contact/Follow us @BuckeyesWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Ohio State news, notes and opinion. Follow Phil Harrison on X.
Axios
01-07-2025
- Entertainment
- Axios
10 SF restaurants that will be open this Fourth of July
If you're planning to dine out this Fourth of July, look no further. Driving the news: While lots of eateries close for the holiday, many will open their doors to the masses when Friday arrives. Yes, but: It's best to make a reservation if you've been dying to try a spot. 🍔 Wayfare Tavern (201 Pine St.): This contemporary American restaurant features dishes inspired by local cuisine, ranging from prime beef tartare to Skuna Bay salmon. 🍷 Spruce (3640 Sacramento St.): Chef Mark Sullivan crafts seasonal menus, which include dry-aged duck and fava bean tortelloni, that are paired with an extensive wine list. 📽️ Foreign Cinema (2534 Mission St.): Enjoy California-Mediterranean cuisine and independent films at this unique restaurant, which is currently screening " Confidentially Yours" alongside dishes like summer biryani and grilled lamb rack. 🥩 John's Grill (63 Ellis St.): Celebrate the holiday at one of the city's oldest and most famous restaurants. Fresh seafood and great steaks are on the menu, which is a favorite among celebrities. 🌶️ Burma Love Downtown (8 Mint Plz.): This place is one of my favorite restaurants in the city, featuring dishes like mohinga, wok-tossed chili and the iconic fermented tea leaf salad. 🍕 A16 (2355 Chestnut St.): One of the most popular Neopolitan pizza places in SF, this restaurant offers a curated selection of local, organic produce and meats to craft wood oven-fired pizzas. 🥟 Harborview Restaurant & Bar (4 Embarcadero Ctr.): Savor a variety of traditional Cantonese classics, combined with original recipes, at this banquet near the Ferry Building. 🍸 Bar Shoji (140 New Montgomery St., suite 1200): Indulge in Japanese-inspired craft cocktails and bar bites at this SoMa staple. Reservations are limited to 90 minutes per seating. 🦪 Angler (132 The Embarcadero): This seafood-focused restaurant on the waterfront features expansive views of the bay and dishes cooked over a wood-burning hearth.
