Sunergy Renewables went public via a SPAC merger with ESGEN Acquisition in a $475m deal.

Sunergy Renewables, an energy company, went public via a SPAC merger with ESGEN Acquisition, a special purpose acquisition company, in a $475m deal. “Becoming a publicly traded company is an extraordinary milestone for our employees, our shareholders, and for the residential solar industry. We are confident that this merger with ESGEN enables us to accelerate our growth strategy, partner with industry players, and serve more customers seeking renewable energy solutions to meet their power and energy storage needs. We’ve worked hard to build our strong financial performance track record in recent years and look forward to delivering continued growth and profitability through Sunergy’s approach to selling residential solar systems," Tim Bridgewater, Zeo CEO. On March 7, 2024, ESGEN Acquisition's shareholders approve the proposed SPAC merger with Sunergy Renewables.