Zeo Energy Signs MOU with Creekstone Energy to Develop 280 MW of Baseload Power for Utah AI Data Center
MWN-AI** Summary
Zeo Energy Corp. (Nasdaq: ZEO) has signed a Memorandum of Understanding (MOU) with Creekstone Energy LLC to develop approximately 280 megawatts (MW) of baseload energy generation to support a new data center, known as the Gigasite, under construction in Millard County, Utah. This MOU marks a strategic move for Zeo as it aims to leverage its expertise in long-duration energy storage solutions to meet the rising demand for energy driven by cloud computing and artificial intelligence (AI) technologies. The collaboration follows Zeo's notable acquisition of Heliogen, Inc. in August 2025, which enhances its capabilities in long-duration energy generation and storage.
Creekstone plans to generate over 600 MW of gas-powered energy for its clients at the Gigasite by early 2027 and has already commenced construction. In its initial phase, Creekstone will provide up to 50 MW of energy to Blue Sky AI Inc., showcasing the urgent demand for power among AI-centered projects.
Under the MOU, Zeo is conducting a pre-feasibility study to identify cost-effective solar power solutions paired with energy storage for Creekstone’s Gigasite. The non-binding MOU establishes a collaborative framework, allowing Zeo to potentially secure project financing and provide engineering services, including Front-End Loading and Front-End Engineering Design studies.
Zeo's CEO, Tim Bridgewater, emphasized the company's commitment to delivering clean, dependable power solutions for energy-intensive industries. Creekstone's CEO, Ray Conley, echoed this sentiment, highlighting the critical role of diverse energy sources in meeting the growing power needs of AI and data center operations. Overall, this partnership reflects both companies' ambitions to advance clean energy initiatives while addressing the increasing energy demands of the digital landscape.
MWN-AI** Analysis
Zeo Energy Corp. (Nasdaq: ZEO) has recently signed a memorandum of understanding (MOU) with Creekstone Energy LLC to forge ahead in the burgeoning sector of clean energy aimed at powering AI data centers. This collaboration, targeting the development of approximately 280 MW of baseload energy generation in Utah, aligns with current market trends where sustainable energy solutions are becoming paramount due to rising demand from sectors like artificial intelligence and cloud computing.
Investors should pay close attention to this strategic move, particularly in light of the company's acquisition of Heliogen, Inc. in August 2025, which enhanced its long-duration energy storage capabilities. This expertise positions Zeo favorably as data centers require clean, reliable, and dispatchable energy solutions to meet increasing operational demands. The planned integration of solar energy coupled with long-duration storage could mitigate concerns about intermittent energy supply, informing potential clients of Zeo’s capability to deliver consistent and sustainable power.
The market landscape for energy solutions specifically tailored for data centers is expanding rapidly. The partnership with Creekstone aims to meet the significant power requirements of their anticipated Gigasite project, making this a critical initiative in Zeo's project pipeline. The MOU is a non-binding framework, yet it sets the stage for future collaborations that have the potential to secure financing and bolster Zeo's venture into the power sector.
From an investment perspective, Zeo Energy appears to be a strong candidate for inclusion in clean energy portfolios as it seeks to leverage its knowledge and infrastructure to cater to a more demanding energy marketplace. As the green energy landscape evolves, companies like Zeo that are positioned to combine technology with sustainability may outperform their peers, making them attractive options for those looking to capitalize on the clean energy transition.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW PORT RICHEY, Fla., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo,” or the “Company”), a provider of residential solar and commercial long-duration energy-storage solutions, today announced it has signed a memorandum of understanding (“MOU”) with Creekstone Energy LLC (“Creekstone”) to develop approximately 280 megawatt (MW) of baseload energy generation to support Creekstone’s data center under construction in Millard County, Utah (the “Gigasite”).
The MOU is evidence of Zeo’s continuing steps to expand its business model by applying long-duration energy solutions to the large and growing market for energy to power cloud computing, artificial intelligence, and data centers.
The Company’s strategic entrance into this market follows Zeo’s August 2025 acquisition of Heliogen, Inc. that provided Zeo with long-duration energy generation and storage expertise and capabilities. As part of this initiative, Zeo is working on several other commercial long-duration energy storage projects that are in the planning and evaluation phase.
Creekstone Gigasite
Creekstone plans to provide over 300MW of gas-powered energy to data center clients at the Gigasite in the first half of 2027. Creekstone broke ground on the Gigasite in December 2025. As part of the Gigasite’s early development, Creekstone has announced it will provide Blue Sky AI Inc., an AI infrastructure provider, with up to 50 megawatts of power. Creekstone plans to expand the Gigasite’s power production to multiple gigawatts, to include power from Zeo’s energy solutions designed to provide reliable, dispatchable electricity through solar power firmed with long-duration storage.
Activities under the MOU
Under the MOU, Zeo has begun a pre-feasibility study to determine the most energy-efficient and cost-efficient solar power and energy storage solutions for the Gigasite. Zeo’s experienced engineering team is applying its expertise in thermal and chemical storage to design a solution to create firm baseload power from the intermittent power product by solar panels.
The MOU also anticipates the possibility of Zeo obtaining project financing for the solar and storage solution aspect of the project, as well as Zeo providing engineering services for the project, including Front-End Loading (“FEL”) and Front-End Engineering Design (“FEED”) studies and project management.
The MOU is non-binding and establishes a framework for collaboration and development without obligating either party to pursue a specific project until a definitive agreement is signed.
Nearby solar array in Millard County, Utah, similar to type contemplated for the Gigasite
Management Commentary
Tim Bridgewater, CEO of Zeo, said: “Since our acquisition of Heliogen, we have been actively seeking to apply our long-duration storage expertise to the unprecedented power demand in the data center space. Our MOU with Creekstone is a milestone in this effort, and we are in discussions with several other projects that we believe can benefit from our clean baseload power solutions. The Creekstone collaboration is an opportunity to validate the application of our expertise in renewable power generation and long-duration storage to increase power delivery for data center customers in a cost-effective, low-emissions manner. We expect our ability to access the public capital markets to provide project financing could give us a competitive edge in our business development efforts.”
Ray Conley, CEO of Creekstone Energy, added: “AI workloads are driving unprecedented demand for power. At Creekstone, we plan to deliver over 600MW of baseload power to our Gigasite customers in 2027 in Phase 1 of our project. Our collaboration with Zeo reflects the market urgency of using all available energy sources to rapidly provide baseload power. With solar power and Zeo’s long-duration energy storage solution, we plan to significantly expand the amount of clean power we offer our hyperscalers and artificial intelligence data center customers.”
About Zeo Energy Corp.
Zeo Energy Corp. (Nasdaq: ZEO) is a diversified clean energy company providing residential, commercial, industrial, and utility-scale solutions that cut costs and carbon emissions. Based in Florida, Zeo operates Sunergy, a residential solar, distributed energy, and efficiency solutions business, in high-growth markets with limited competitive saturation. It also operates Heliogen, Inc., a long-duration energy generation and storage business designed to deliver renewable power for high-demand applications such as AI, data centers, and other energy-intensive industries. With its vertically integrated approach, Zeo helps customers with a cost-effective transition to 24/7 clean energy.
About Creekstone Energy
Creekstone Energy is developing the Creekstone Gigasite, a next-generation, multi-source power and digital-infrastructure campus in Millard County, Utah. Designed to support the unprecedented energy and cooling demands of large-scale AI computing, the Gigasite will integrate utility-scale generation, long-duration storage, advanced transmission, and industrial-grade data infrastructure. Creekstone’s mission is to help secure America’s leadership in artificial intelligence, clean energy development, and strategic domestic infrastructure.
Cautionary Note Regarding Forward-Looking Statements
This press release and statements of Zeo’s and Creekstone’s management in connection with this press release contain or may contain “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to the Company, including regarding the Company’s potential involvement in the Creekstone project as described herein. Such statements may include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," “explore,” “develop,” “development,” “deploy,” “deployment,” "strategy," "future," "likely," "may," "should," "will," and similar references to future periods may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the development of the Gigasite project, future financial performance of the Company; the ability to produce expected results; changes in the Company's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, the ability to raise additional funds, and plans and objectives of management. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts, and assumptions, and involve a number of significant judgments, risks, and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the Company's views as of any subsequent date, and the Company does not undertake any obligation to update such forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, the Company's actual results or performance may be materially and adversely different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (i) the Creekstone Gigasite project may not be developed in the timelines anticipated, if at all; (ii) the outcome of any legal proceedings that may be instituted against the Company or others; (iii) the Company's success in retaining or recruiting, or changes required in, its officers, key employees, or directors; (iv) the Company's ability to maintain the listing of its common stock and warrants on Nasdaq; (v) limited liquidity and trading of the Company's securities; (vi) geopolitical risks and changes in applicable laws or regulations, including tariffs or trade restrictions; (vii) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (viii) operational risks, including risks associated with Zeo’s expanding business model; (ix) litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on the Company's resources; (x) the Company's ability to effectively consolidate the assets of Heliogen and produce the expected results; and (xi) other risks and uncertainties, including those included under the heading "Risk Factors" in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") for the year ended December 31, 2024 and in its subsequent periodic reports and other filings with the SEC.
In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by the Company, its directors, officers or employees or any other person that the Company will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this earnings release represent the views of the Company as of the date of this earnings release. Subsequent events and developments may cause that view to change. However, while the Company may elect to update these forward-looking statements at some point in the future, there is no current intention to do so, except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of the Company as of any date subsequent to the date of this earnings release.
Zeo Energy Corp. Contacts
For Investors:
Tom Colton and Greg Bradbury
Gateway Group
ZEO@gateway-grp.com
For Media:
Zach Kadletz
Gateway Group
ZEO@gateway-grp.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/66528473-7f11-4f34-a5e8-66db46046993
FAQ**
How does Zeo Energy Corporation ZEO plan to leverage its recent acquisition of Heliogen to enhance its offerings in long-duration energy storage solutions for data centers, particularly through the Creekstone partnership?
What specific financial and engineering services will Zeo Energy Corporation ZEO provide under the MOU with Creekstone Energy, and how might these impact project timelines and costs?
In light of the collaboration with Creekstone, how does Zeo Energy Corporation ZEO intend to position itself competitively in the rapidly growing market for energy solutions catering to AI and cloud computing?
What risks does Zeo Energy Corporation ZEO anticipate in the development of the Gigasite project, and how does it plan to mitigate these risks to ensure successful execution and potential profitability?
**MWN-AI FAQ is based on asking OpenAI questions about Zeo Energy Corporation (NASDAQ: ZEO).
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