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.
I got the meme here from a neighbor, but I wonder who actually wrote it. There is a ton of propaganda on social media suggesting that we need to normalize the sociopathic criminality of the U.S. president.
It’s true that not every election is an apocalypse, but 2024 was disastrous for the U.S. democracy.
Yes, the country did not end. But it took a giant leap towards authoritarianism.
Even that’s not the end of the world. Democracies fail with great frequency on this planet. I just never thought I’d be living in the biggest socio-political collapse in the last 2000 years.
In an average week, I meet quite a few travelers here from lands all around this planet. Their most common thoughts on what’s happening here: “We simply feel sorry for you.”
Weather Guard Lightning Tech
What Rosie Learned in Europe’s Wind Turbine Test Labs
Rosie returns from Denmark and shares her experiences seeing DTU blade testing, a lightning lab, and a 15 MW Vestas test turbine.
The Uptime Wind Energy Podcast is brought to you by Weather Guard Lightning Tech, creators of the StrikeTape Ultra LPS retrofit. Subscribe to Uptime’s Substack newsletter. And check out Rosemary’s “Engineering with Rosie” Youtube channel. Have a question we can answer on the show? Email us!
In a recent post, I argued that our brains are wired in a certain way, and that we have little in any control over our values and beliefs.
German philosopher Johann Gottlieb Fichte seem to be saying something similar here. To take me as an example, I’m no more capable of being a Trump supporter than I am in believing in the tooth fairy or Santa Claus.
-
Climate Change1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Greenhouse Gases1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Renewable Energy12 months agoSending Progressive Philanthropist George Soros to Prison?
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Greenhouse Gases1 year ago
嘉宾来稿：探究火山喷发如何影响气候预测
-
Climate Change2 years agoAnalysis: China’s CO2 falls 1% in Q2 2024 in first quarterly drop since Covid-19