ASSET PURCHASE AGREEMENT BY AND BETWEEN NJR CLEAN ENERGY VENTURES II CORPORATION,Asset Purchase Agreement • November 26th, 2024 • New Jersey Resources Corp • Natural gas distribution • New Jersey
This ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of November 22, 2024 (the “Closing Date”), is made by and between (i) NJR Clean Energy Ventures II Corporation, a New Jersey corporation (“Seller”), and (ii) Spruce Power 5, LLC, a Delaware limited liability company (“Buyer”). Seller and Buyer shall be referred to herein from time to time collectively as the “Parties” and each individually as a “Party”. Capitalized terms used but not otherwise defined herein have the meanings set forth in Section 1.1.
