Filed by ESGEN Acquisition Corporation pursuant to Rule 425
under the Securities Act of 1933, as amended,
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934, as amended
Subject Company: ESGEN Acquisition Corporation (File No. 001-40927)
ESGEN Acquisition Corp. Shareholders Approve Proposed Business Combination with Sunergy Renewables
The Approved Business Combination is Expected to Close in the Coming Weeks; Combined Company to be Renamed Zeo Energy Corp.
DALLAS, TX & NEW PORT RICHEY, FL March 7, 2024 ESGEN Acquisition Corp.
(ESGEN) (Nasdaq: ESACU, ESAC, ESACW), a publicly-traded special purpose acquisition company, and Sunergy Renewables, LLC (Sunergy), a leading Florida-based provider of residential solar and energy
efficiency solutions, today announced that ESGENs shareholders have approved its previously announced proposed business combination with Sunergy (the Business Combination) at its extraordinary general meeting of ESGENs
shareholders (the Special Meeting) held on Wednesday, March 6, 2024.
With the Special Meeting complete, the Business Combination is
expected to close in the coming weeks. In connection with the closing of the Business Combination, the combined company will change its name to Zeo Energy Corp. and is expected to be publicly listed on the Nasdaq Stock Exchange. The common stock and
warrants of the combined company are expected to trade on the Nasdaq Capital Market under the new ticker symbols ZEO and ZEOWW, respectively, subject to the satisfaction or waiver, as applicable, of all other closing
conditions.
The formal results of the Special Meeting shareholder vote will be included in a Current Report on Form
8-K to be filed by ESGEN with the Securities and Exchange Commission.
Additional details on the proposed Business
Combination can be found in the original announcement from April 19, 2023, linked here, as well as in the subsequent update announced on January 25, 2024, linked here.
About Sunergy
Sunergy is a Florida-based regional
provider of residential solar, distributed energy, and energy efficiency solutions focused on high growth markets with limited competitive saturation. With its differentiated sales approach and vertically integrated offerings, Sunergy serves
customers who desire to reduce high energy bills and contribute to a more sustainable future.
About ESGEN Acquisition Corp.
ESGEN (Nasdaq: ESACU, ESAC, ESACW) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase,
recapitalization, reorganization, or similar business combination with one or more businesses or entities. ESGEN is led by Chief Executive Officer, Andrejka Bernatova and Chief Financial Officer, Nader Daylami, and is affiliated with Energy Spectrum
Capital, a Dallas-based private investment firm with long-standing experience building companies across the energy infrastructure landscape over multiple decades.