Spruce Finance completed the acquisition of 5,864 rooftop solar assets from Atalaya Capital Management.

Spruce Finance, an operator of residential solar and energy assets, completed the acquisition of 5,864 rooftop solar assets totaling 31.3 MW from Atalaya Capital Management, an alternative investment advisory firm. Financial terms were not disclosed. "By completing our largest acquisition to date, we finish a banner year in which we grew our owned portfolio by over 30%. This acquisition again demonstrates Spruce's ability to efficiently deploy capital into seasoned portfolios of residential or small commercial solar assets. We continue to actively seek similar opportunities," Christian Fong, Spruce Finance President & CEO.