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Zeo Energy Files $150M Mixed Securities Shelf

Zeo Energy files $150M mixed securities shelf

Zeo Energy Signs MOU with Creekstone Energy to Develop 280 MW Baseload Energy

Zeo Energy signed a memorandum of understanding with Creekstone Energy to develop approximately 280 megawatt of baseload energy generation to support Creekstone's data center under construction in Millard County, Utah. The MOU is evidence of Zeo's continuing steps to expand its business model by applying long-duration energy solutions to the large and growing market for energy to power cloud computing, artificial intelligence, and data centers. Creekstone plans to provide over 300MW of gas-powered energy to data center clients at the Gigasite in the first half of 2027. Creekstone broke ground on the Gigasite in December 2025. As part of the Gigasite's early development, Creekstone has announced it will provide Blue Sky AI Inc., an AI infrastructure provider, with up to 50 megawatts of power. Creekstone plans to expand the Gigasite's power production to multiple gigawatts, to include power from Zeo's energy solutions designed to provide reliable, dispatchable electricity through solar power firmed with long-duration storage. Under the MOU, Zeo has begun a pre-feasibility study to determine the most energy-efficient and cost-efficient solar power and energy storage solutions for the Gigasite. Zeo's experienced engineering team is applying its expertise in thermal and chemical storage to design a solution to create firm baseload power from the intermittent power product by solar panels. The MOU also anticipates the possibility of Zeo obtaining project financing for the solar and storage solution aspect of the project, as well as Zeo providing engineering services for the project, including Front-End Loading and Front-End Engineering Design studies and project management. The MOU is non-binding and establishes a framework for collaboration and development without obligating either party to pursue a specific project until a definitive agreement is signed.

Zeo Energy announces Q3 earnings per share of 12 cents, compared to a loss of 8 cents in the previous year.

Reports Q3 revenue $23.9M vs $19.7M last year. "While the broader residential solar market remains challenging, we believe that we have demonstrated a consistent ability to maintain revenue and manage our costs, positioning us well as conditions improve," said Zeo Energy Corp. CEO Tim Bridgewater. "In the third quarter we generated approximately $23.9 million in net revenue, up more than 20% from the third quarter of 2024. Looking ahead, we expect Q4 net revenues to be consistent with Q3, having stabilized in the near term as we navigate typical seasonality associated with the year end. At the same time, we are continuing to expand into favorable new markets, like Virginia, and attract top sales talent that values our competitive differentiation, both of which we believe have us set up well for future growth in 2026."