Octopus Energy Agrees $600m Deal With Generation Investment Management to Accelerate Global Green Energy Mission
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Monday, September 27, 2021
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Octopus will use the proceeds of Generations strategic investment to turbo boost its mission to drive the renewable revolution globally.
Key Points:
- Octopus will use the proceeds of Generations strategic investment to turbo boost its mission to drive the renewable revolution globally.
- Managing over 3b of renewable generation, Octopus is one of the UKs leading electricity generators, creating enough green energy to power about 1.5m homes.
- Octopuss domestic energy arm already serves 3.1 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 Europes largest investor in solar energy, managing a 3.4bn portfolio of renewable energy assets throughout the continent.