2 years ago

Octopus Energy Secures €800 Million to Fuel Clean Energy Expansion

  • Octopus Energy, a UK-based clean energy tech company, raised €800M in funding, valuing the company at $7.8bn (£6.2bn)

  • The funding was led by Origin Energy, Tokyo Gas, Canada Pension Plan Investment Board, and Generation Investment Management

  • The company intends to use the funds to accelerate international growth and expand low-carbon technologies, particularly heat pumps

  • Octopus Energy has a strong focus on customer service and technology, and has built the UK's leading specialist electric vehicle leasing business

      • ProblemEnergy

      "Making the transition to renewable energy easier for consumers and businesses by providing reliable, affordable and innovative energy products and services."

      Solution

      "Octopus Energy provides a suite of energy solutions including retail energy, electric vehicle leasing, renewable energy generation and its proprietary energy management platform Kraken, designed to optimize energy consumption and reduce carbon emissions."

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