Zeo Energy Corp. (Nasdaq: ZEO) announced it has fully repaid a $1.67 million convertible note issued to White Lion Capital, LLC, ahead of its scheduled maturity. The note was originally issued on June 9, 2026.

According to a press release, the repayment leaves Zeo Energy with no corporate debt on its balance sheet, aside from standard leases and day-to-day operational obligations.

The note had served as short-term bridge financing to support the company's working capital during what it described as its summer growth cycle.

"Retiring this debt in full and entering this next chapter with no corporate debt reflects a strengthening of our balance sheet and our disciplined approach to capital management," said Tim Bridgewater, CEO of Zeo Energy.

Zeo Energy operates Sunergy Solar, a solar and distributed-energy business, and Heliogen, LLC, which focuses on energy generation and long-duration storage for applications including data centers.