Octopus Energy Group Completes Fundraise With Existing Investors, Totaling US$550m
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Thursday, July 28, 2022
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Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution.
Key Points:
- Octopus Energy Group is a global energy tech pioneer, launched in 2016 to use technology to unlock a customer focused and affordable green energy revolution.
- Octopuss domestic energy arm already serves 3.4 million customers with cheaper greener power, through Octopus Energy, M&S Energy, Affect Energy, Ebico, London Power and Co-op Energy.
- Octopus Energy Generation is one of Europes largest investors in renewable energy, managing a 3.4 billion portfolio of renewable energy assets throughout the continent.
- This technology has been licensed to support over 20 million customer accounts worldwide, through deals with EDF Energy, Good Energy, E.ON energy and Origin Energy.