Zeo Energy Acquires Heliogen to Create Robust Clean Energy Platform.

Zeo Energy Corp. has completed its acquisition of Heliogen, a provider of on-demand clean energy technology solutions. Zeo plans to leverage Heliogen's solutions, brand, and intellectual property to establish a division focused on long-duration energy generation and storage for commercial and industrial-scale facilities. The transaction is expected to create a robust clean energy platform spanning residential, commercial, and utility-scale markets.

Zeo Energy Corp. (Nasdaq: ZEO), a leading Florida-based provider of residential solar and energy efficiency solutions, has completed its acquisition of Heliogen, Inc. [1]. The acquisition, announced on August 11, 2025, brings a significant strategic advantage to Zeo Energy, as it plans to leverage Heliogen's innovative energy storage solutions to establish a new division focused on long-duration energy generation and storage for commercial and industrial-scale facilities.

The all-stock transaction, which included approximately $13.6 million in net cash, will enable Zeo Energy to expand its reach beyond residential solar solutions into commercial and utility-scale markets. This diversification strategy aligns with the company's goal of addressing high-demand users, such as artificial intelligence (AI) and cloud computing data centers, which require robust and efficient energy storage solutions.

Heliogen, a renewable energy technology company, provides solutions for delivering cost-effective, low-carbon energy production around the clock. By combining commercially proven solar technologies with thermal systems and storage expertise, Heliogen supports customers in achieving a practical transition to cleaner energy.

Zeo Energy's CEO, Tim Bridgewater, stated, "Heliogen offers innovative, cost-effective energy storage options that are especially valuable for high-demand users like data centers. This combination complements our existing residential operations while also further expanding our reach into massive end markets. From individual homes to large industrial energy systems, Zeo now offers a comprehensive and diversified platform for scaled, next-generation energy storage."

The acquisition of Heliogen is expected to create a robust clean energy platform that spans residential, commercial, and utility-scale markets. This strategic move not only enhances Zeo Energy's financial position but also positions the company to capitalize on the growing demand for sustainable and efficient energy solutions.

References:
[1] https://www.marketscreener.com/news/zeo-energy-corp-completes-acquisition-of-heliogen-inc-ce7c5ed2dc8af12d
[2] https://www.stocktitan.net/news/ZEO/zeo-energy-corp-completes-acquisition-of-heliogen-mgn5s98g7wn4.html