Octopus Energy inks deal to acquire Shell's UK and Germany home energy business

Stuart Stone
clock • 2 min read
Octopus Energy CEO Greg Jackson at the firm's heat pump centre in Berkshire | Credit: Octopus Energy
Image:

Octopus Energy CEO Greg Jackson at the firm's heat pump centre in Berkshire | Credit: Octopus Energy

Octopus Energy Group to boost retail supply arm to 6.5 million customers with planned purchase of Shell Energy UK and Germany

Octopus Energy Group has today signed a deal with Shell subsidiary Impello Limited to buy the oil and gas giant's domestic energy supply business in the UK and Germany, paving the way for the company to...

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

What if the gas has gone?

What if the gas has gone?

A new analysis lays bare the open secret avoided by so many discussions on the future of the UK's energy industry: the overwhelming likelihood is there is not that much North Sea oil and gas left

James Murray
clock 24 July 2025 • 4 min read
Government finalises contracts for 10 new green hydrogen projects

Government finalises contracts for 10 new green hydrogen projects

Production facilities across England, Scotland, and Wales expected to unlock £400m in private investment and create 700 jobs

Michael Holder
clock 23 July 2025 • 4 min read
'The North Sea is running out of gas': New study warns basin is unable to meet UK heating demand from 2027

'The North Sea is running out of gas': New study warns basin is unable to meet UK heating demand from 2027

New analysis by the End Fuel Poverty Coalition warns UK must urgently switch to renewable heating sources to avoid relying on imported gas and volatile international fossil fuel markets

clock 23 July 2025 • 4 min read