Octopus Energy
Energy supplier in the United Kingdom
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Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Headquartered in London, the company has operations in the United Kingdom, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. Octopus is the UK's largest supplier of electricity to domestic customers, and the second largest in domestic gas.
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Al Gore fund boosts Octopus Energy stake as valuation soars to £7.2bnOctopus Energy has cemented its status as one of Britain's most significant private companies after a series of share trades valuing it at $9bn (£7.2bn).Sky News - Published | |
Octopus Energy gains two million new customers in Shell dealShell has agreed to sell its household energy supply business in the UK and Germany to Octopus Energy.Sky News - Published | |
Octopus seeks £100m funding boost for electric vehicles armThe electric vehicles arm of Octopus Energy's parent company is seeking a £100m funding boost to accelerate its growth amid soaring production of greener cars.Sky News - Published | |
Octopus Energy pays customers more than £1m for cutting usagesOctopus Energy paid more than £1m to customers in its latest energy challenge.Sky News - Published | |
Octopus Energy seals bid to take over 1.5 million Bulb customersOctopus Energy has sealed its deal to buy Bulb, a collapsed energy rival that has been funded by billions of pounds in government support for nearly a year.Sky News - Published | |
Taxpayer’s Bulb bill to hit £4bn as Octopus Energy closes in on takeoverOctopus Energy is close to clinching a takeover of stricken rival Bulb in a deal that will crystallise up to £4bn of losses for British taxpayers.Sky News - Published | |