Zeo Energy to acquire Heliogen.

Zeo Energy, a provider of residential solar and energy efficiency solutions, agreed to acquire Heliogen, a provider of on-demand clean energy technology solutions. Financial terms were not disclosed. “Heliogen brings a set of practical solutions to customers, particularly data centers, looking for longer duration energy storage with substantially lower costs than alternatives on the market. Through this acquisition, we believe that Zeo will be able to accelerate our vision of serving energy consumers across the spectrum – from residential rooftops to larger-scale industrial solar and storage applications to build an energy platform at scale,” Tim Bridgewater, Zeo Energy CEO.