Company Information

Get to know spruce finance, inc (formerly kilowatt financial)

Formed in 2015 and formerly known as Kilowatt Financial, Spruce Finance, Inc. is a leading owner and operator of distributed generation solar and residential energy assets in the United States. The company's mission is to expand access to clean energy by offering a variety of financial products to homeowners. These products include solar loans, leases, and Power Purchase Agreements (PPAs), enabling customers to adopt renewable energy solutions with little to no upfront cost. Spruce was acquired by HPS Investment Partners in 2018 and continues to manage a significant and growing portfolio of solar assets.

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spruce finance, inc (formerly kilowatt financial)

United States

Founded in

2011 (15 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.