Management

Christian Fong is the CEO of Spruce Power and is a member of Board of Directors. At its acquisition, Spruce Power was the largest privately held residential solar owner/operator in North America, with over $1 billion distributed generation (DG) assets. Since 2018, Fong was the chairman and CEO of Spruce Holdings and grew the company by 150% prior to it being acquired by XL Fleet in 2022.

Christian joined Spruce Power in 2017 as an independent director, chosen by Spruce’s then-controlling investors Kleiner Perkins and Google Ventures. Christian has also served as an independent director on the boards of Terraform Power, Inc the world’s largest public independent renewable power producer, Pardus Oil & Gas, and Javlin Capital, LLC. In 2010, Christian co-founded Renewable Energy Trust Capital (RET). He served in various finance and operation executive roles through 2016, as RET acquired and developed over one billion dollars of wind and solar PV assets, representing 400+ MW of utility-scale, renewable power plants. RET was sold to Blue Mountain Capital in 2016.

Previously, Christian was a managing director and head of Real Estate Capital Markets at AEGON / Transamerica, where he led an acquisition team in a multi-billion dollar private equity platform and was responsible for both credit and structured finance innovations. Additionally, he served as CEO of Corridor Recovery, Inc, and as a consultant at McKinsey & Company. He continues to be active in policy discussions in the power and energy sector.

Christian earned an MBA with High Distinction from Dartmouth College’s Tuck School of Business, a B.S. in Statistics, summa cum laude, from Creighton University and the prestigious CFA and CCIM designations. He and his family reside near Denver, Colorado.

Sarah Wells is the Chief Financial Officer of Spruce Power, responsible for the Company’s finance and accounting functions, and Head of Sustainability. Sarah brings considerable industry experience and expertise with disruptive sustainability strategies and is a long-time Spruce Power leader in cost efficiency and growth enablement. She joined Spruce Power in 2018 and most recently served as Senior Vice President, Finance and Accounting and Head of Sustainability, managing financial planning and analysis, accounting and reporting, treasury and various operations duties.

Previously, Sarah held various positions of progressive responsibility in finance and accounting, including as Finance and SOX Manager, at Cornerstone Building Brands (formerly NCI Building Systems, Inc.), at that time North America’s largest publicly traded integrated manufacturer of metal building products. Earlier in her career, she served as a senior auditor at PKF Texas, working with various public companies including IPOs and mergers. Sarah earned a Bachelor of Business Administration in Accounting from the University of Lafayette.

Jon Norling serves as the Chief Legal Officer for Spruce Power. In this capacity, he manages the legal affairs of Spruce Power, advises the Board and executive management on corporate and strategic matters, and manages the Spruce Power Legal Department.

Prior to joining Spruce Power as General Counsel in 2017, Jon was the General Counsel of Renewable Energy Trust Capital (RET), which acquired and developed over one billion dollars of wind and solar PV assets, representing 400+ MW of utility-scale renewable power plants. Previously, he served as General Counsel to Columbia Energy Partners, a wind, solar and wave energy developer, corporate counsel at Vestas, a wind turbine generator manufacturer, and was a Shareholder at Lane Powell, where he served as the Chair of the firm’s Energy Practice. 

Jon earned a J.D. from Lewis & Clark Law School with a certificate in Environmental Law, and a B.A. in Political Science, cum laude, from Middlebury College. He is a member of the California Bar. Since 2010, he has been an Adjunct Professor of Law at Lewis & Clark College, where he teaches classes in renewable energy development and finance. He resides in Portland, Oregon and Mill Valley, California. 

Stacey serves as General Counsel, responsible for legal and compliance functions across the company. Prior to Spruce Power, she served a lengthy tenure at Standex International Corporation (NYSE: SXI), a global diversified manufacturer, where she was General Counsel of the Electronics Group, a $200mm segment of Standex. At Standex, she had broad areas of responsibility leading M&A, governance, litigation, complex commercial relationships, and employment and labor. A Boston native, Stacey earned her B.A. from Boston College and her J.D. from Northeastern University School of Law.