Octopus Energy swoops for heat pump manufacturer RED in 'multi-million pound' deal

clock • 3 min read
Business and Energy Minister Lord Callahan and Octopus founder Greg Jackson at the Octopus Heat Pump Centre | Credit: Octopus
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Business and Energy Minister Lord Callahan and Octopus founder Greg Jackson at the Octopus Heat Pump Centre | Credit: Octopus

Octopus Energy CEO Greg Jackson describes investment as 'Model T moment for the heat pump industry'

Octopus Energy has today announced a "multi-million pound investment" in heat pump manufacturer Renewable Energy Devices (RED), in a move it claimed would help to make heat pumps "cheaper and better for...

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