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Spruce Power Holding Bolsters Board with Sustainability Expert
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Spruce Power Holding Bolsters Board with Sustainability Expert

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An announcement from Spruce Power Holding (SPRU) is now available.

Spruce Power Holding Corporation has expanded its Board of Directors and appointed Clara Nagy McBane as a new Class B director, effective June 21, 2024. McBane brings her extensive experience in renewable energy finance and operations to the board. As part of the Cooperation Agreement with Clayton entities, the Board will recommend McBane for re-election at the 2025 Annual Meeting, while Clayton has agreed to support the Board’s recommendations until the agreement’s termination. McBane’s appointment aligns with the company’s focus on governance and sustainability, underscoring a strategic move that could intrigue investors interested in companies with strong environmental commitments.

For a thorough assessment of SPRU stock, go to TipRanks’ Stock Analysis page.

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