Zeo Energy shares surge 23.48% after-hours as company completes acquisition of Heliogen, Inc. to expand clean energy solutions.

Zeo Energy surged 23.48% in after-hours trading following the completion of its acquisition of Heliogen, Inc., as announced on August 11, 2025. The deal, valued at $10 million in stock, expands Zeo’s clean energy solutions portfolio into residential, commercial, and utility markets. This strategic move aligns with investor enthusiasm for renewable energy platforms and positions Zeo to capitalize on growing demand for sustainable technologies. While recent earnings reports highlighted losses and financial strain from prior mergers, the acquisition of Heliogen—backed by advisory firms and approved by stockholders—overshadowed near-term profitability concerns, driving immediate post-earnings optimism in extended trading.