Octopus Energy scores $600m backing from Al Gore investment fund

Michael Holder
clock • 3 min read
Credit: Octopus Energy
Image:

Credit: Octopus Energy

Generation Investment Management snaps up 13 per cent stake in fast-growing UK energy supplier and green technology firm

Octopus Energy Group has secured a major $600m injection from Generation Investment Management, the US sustainable investment fund set up by former US vice-president Al Gore, the companies announced yesterday....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: Smart heat pump trial sees homes slash electricity use by a third

Study: Smart heat pump trial sees homes slash electricity use by a third

EXCLUSIVE: OVO and Nesta trial of 58 London homes fitted with smart, automated heat pumps achieves significant reduction in electricity use and energy bills

Michael Holder
clock 24 October 2025 • 3 min read
How the government can maximise benefits for UK communities through the Local Power Plan

How the government can maximise benefits for UK communities through the Local Power Plan

Partner Insight: Ahead of the publication of the Local Power Plan, Stew Horne - group head of sector intelligence & external affairs at the Energy Saving Trust - sets out how the government can ensure communities across the UK reap the benefits of clean...

Stew Horne, Energy Saving Trust
clock 23 October 2025 • 6 min read
Fatih Birol: Age of electricity is here, but dark geopolitical shadow looms over energy sector

Fatih Birol: Age of electricity is here, but dark geopolitical shadow looms over energy sector

IEA executive director reflects on the emergence of electricity as the world's 'dominant energy source', even as the consensus on climate action comes under fire

Stuart Stone
clock 23 October 2025 • 4 min read