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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Global Briefing: White House to pay $900m to stop two more US offshore wind projects

How L'Oréal is harnessing nature to move beyond petrochemicals in cosmetics

More on Energy

Study: British public concerned at prospect of reliance on US gas
Energy

Study: British public concerned at prospect of reliance on US gas

Three in five people said the UK should prioritise transitioning to renewable energy and net zero technologies to meet its future energy needs, as US imports rise 40 per cent in 2026

Amber Rolt
clock 01 May 2026 • 4 min read
UN climate chief: Fossil fuel crisis 'supercharging' global renewables boom
Energy

UN climate chief: Fossil fuel crisis 'supercharging' global renewables boom

Simon Stiell highlights 'immense irony' that some of the world’s biggest fossil fuel proponents are now ‘inadvertently supercharging the global renewables boom’

Michael Holder
Michael Holder
clock 30 April 2026 • 4 min read
'The time is now': Santa Marta Conference closes with pledge to deliver new wave of fossil fuel transition roadmaps
Energy

'The time is now': Santa Marta Conference closes with pledge to deliver new wave of fossil fuel transition roadmaps

Inaugural Conference on Transitioning Away From Fossil Fuels advances plans for national and regional roadmaps, as Tuvalu and Ireland agree to co-host next summit

James Murray
James Murray
clock 30 April 2026 • 4 min read