Octopus Energy targets French market with Plüm Énergie acquisition

Michael Holder
clock • 4 min read
Octopus Energy Group is now valued at more than $5bn | Credit: Octopus Energy
Image:

Octopus Energy Group is now valued at more than $5bn | Credit: Octopus Energy

Energy firm steps up European expansion, as it warns of 'tough' year ahead for market due to gas supply crunch

Octopus Energy Group has made its first foray into the French energy market with the acquisition of green energy supplier Plüm Énergie, as the rapidly growing UK-based firm continues to step up its international...

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

Carbon Budget and Growth Delivery Plan: Five key takeaways

Government unveils £10m funding pot for off-grid EV charging innovations

More on Energy

'Historic milestone': India's renewables generation peaks to cover over half of power demand
Energy

'Historic milestone': India's renewables generation peaks to cover over half of power demand

India's Ministry of Power confirms July 29th record, which underscores the 'steady progress' nation is making towards its clean energy and climate goals

Amber Rolt
clock 07 November 2025 • 4 min read
Study: Global renewables deployment proving 'far faster' than expected
Energy

Study: Global renewables deployment proving 'far faster' than expected

New analysis from Ember suggests global clean energy deployment has put target to triple renewable capacity by 2030 within reach

Stuart Stone
Stuart Stone
clock 06 November 2025 • 3 min read
'Stark misalignment': How pricing pressures have led to a slowdown in Europe's PPA market
Energy

'Stark misalignment': How pricing pressures have led to a slowdown in Europe's PPA market

New report from Pexapark attributes recent slowdown in number of clean energy PPAs to price divergence between developers and corporate customers - but could the energy storage boom spark a revival?

Amber Rolt
clock 05 November 2025 • 6 min read