Zeo Energy Corp. Achieves Corporate Debt-Free Balance Sheet Following Early Retirement of Convertible Debt

NEW PORT RICHEY, Fla., Sept. 23, 2026 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo,” “Zeo Energy,” or the “Company”), a provider of residential solar and commercial long-duration energy-storage solutions, today announced that it has fully retired the $1.67 million of convertible debt issued to White Lion Capital, LLC (“White Lion”) on June 9, 2026. With this repayment, Zeo Energy has no corporate debt outstanding on its balance sheet other than normal course leases and obligations related to day-to-day operations.

The note provided short-term bridge financing and supported the Company's working capital needs during its important summer growth cycle. Having fully retired the note well ahead of schedule, Zeo Energy enters the next phase of its growth strategy with a corporate debt-free balance sheet and increased financial flexibility.