ESGEN Acquisition Corporation
ESACW
NASDAQ Global Market0.10
USD
+0.00
- -
CIK
0001865506
ISIN
KYG3R95N1113
CUSIP
G3R95N111
Return %
Stock
S&P500
1Y
88.89
26.53
3Y
-79.60
76.60
5Y
-79.60
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Andrea Bernatova
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 5956 Sherry Lane Dallas TX United States of America 75225
- CIK
- 0001865506
- Website
- esgen-spac.com
- Similar Companies
- Business
- ESGEN Acquisition Corporation operates as a special purpose acquisition company (SPAC) focusing on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations primarily in the energy and infrastructure sectors in North America. Founded in 2021 and headquartered in Dallas, Texas, ESGEN targets companies aligned with environmental, social, and governance (ESG) principles, with a special emphasis on technology, renewable energy, and sustainable infrastructure. The company’s core business involves acquiring and merging with operational businesses rather than direct manufacturing or service provision. A significant recent development is its business combination completed in March 2024 with Sunergy Renewables, LLC, a Florida-based regional provider of residential solar, distributed energy, and energy efficiency solutions. This transaction included a reverse merger through which ESGEN Acquisition Corporation changed its name to Zeo Energy Corp., with the combined entity trading on the Nasdaq under the ticker "ZEO." This merger positions the company as a vertically integrated provider of residential solar systems, energy storage, and energy efficiency products, aiming to accelerate growth in renewable energy adoption across high-growth, less saturated markets in the U.S. Following this strategic combination, Zeo Energy Corp. focuses on expanding its offerings in residential solar installation, distributed energy systems, and related energy efficiency services targeting residential customers seeking to reduce their energy bills and carbon footprint. The transaction provided approximately $18 million in gross proceeds to support operations, growth strategy, and expenses related to the business combination. The company’s operational control has largely shifted under Sunergy’s management team, emphasizing a growth-focused approach to the solar and energy transition markets. In summary, ESGEN Acquisition Corporation, now Zeo Energy Corp., transforms from a SPAC into an active operator in the renewables sector through the acquisition of Sunergy Renewables, leveraging its expertise in distributed solar and energy efficiency solutions to drive expansion in North American residential clean energy markets. The company maintains a commitment to ESG standards as part of its strategic investment and operational philosophy. This marks a significant strategic shift from a blank check company to an integrated renewable energy service provider headquartered in Dallas, Texas, with operational leadership from Florida.