A bankruptcy court has approved a sale of the assets of Lehi-based Lumio Holdings Inc., a residential solar company, to Zeo Energy of New Port Richey, Florida.
On Sept. 3, Lumio filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. On Nov. 1, the court approved the sale to Zeo Energy.
“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,” said Tim Bridgewater, CEO of Zeo. “While the last year has been challenging for residential solar companies, we believe that we have Please log in to see the rest of this story.
