XL Fleet Completes Transformational Acquisition of Spruce Power, the Largest Privately Held Solar-as-a-Service Provider

WIXOM, Mich.–(BUSINESS WIRE)–XL Fleet Corp. (NYSE: XL), today announced the acquisition of Spruce Power, the largest privately held owner and operator of residential rooftop solar systems in the U.S. with more than 52,000 subscribers. In connection with the acquisition of Spruce Power, XL Fleet also unveiled its new corporate strategy to provide subscription-based solutions for rooftop solar, battery storage, EV charging and other distributed energy resources. Spruce Power Acquisition On Sept

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