Zeo Energy has completed the acquisition of what the company says is substantially all of the assets of Lumio Holdings, another residential solar company.
In September, Lumio filed a voluntary petition under Chapter 11 in the United States Bankruptcy Court for the District of Delaware. The sale transaction was approved by the court earlier this month.
“We believe this transaction marks a significant step forward for Zeo Energy that will enable us to expand our scale and market presence in the solar industry,” says Tim Bridgewater, CEO of Zeo Energy.
“While the last year has been challenging for residential solar companies, we believe that we have positioned the company as a platform to opportunistically purchase assets which will help us grow at above-industry rates in 2025 and beyond. We look forward to completing solar installations under agreements entered into by Lumio for their customers and financing partners. We also plan to work with Lumio’s sales representatives to bring them onto our platform to accelerate Zeo’s growth.”
Ellenoff Grossman & Schole served as legal advisor, and Gateway Group served as strategic communications advisor to Zeo Energy.
The post Zeo Energy Acquires Lumio Assets appeared first on Solar Industry.
For those who struggle with elementary school arithmetic, Trump won the election (50%+ approval) out of more than 150 million votes cast, and now his approval rating is in the low 30s.
That’s ~30 million voters who regret their choices, out of the common American.
Add in the Tucker Carlsons of the world.
Absolutely.
It must be done, because our country is home to some hateful morons who want to see honest, hardworking, taxpaying people with brown skin deported, and their families torn apart.
It wasn’t the American way until recently, but it sure is now.
As shown at left, the United States is loaded with people who twist the facts to their liking.
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