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.
Here, Trump urges voters to “cheat like hell” to help the Republicans win the 2026 primaries.
I have never understood how anyone, regardless of how unintelligent and mean-spirited, could vote for Trump. Now, this whole concept is even harder to grasp.
There are many countries around the globe whose people have a deep and honest concern for the wellbeing of their planet and its civilization. As shown at left, Costa Rico is most certainly among them.
Perhaps you live in such a nation. I sure wish I could say that I did.
The United States has too many greedy billionaires and too many hateful idiots.
It was just 25 years ago that the whole world embraced the United States and shared our grief after 9/11.
We’ve taken all that kinship and discarded it as if it were a soiled paper towel.
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