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

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

'Raising the bar': Ofgem and Innovate UK set priorities for £500m investment programme

'Dangerous domino effect': Companies forecast $900bn losses from extreme weather

More on Energy

'Raising the bar': Ofgem and Innovate UK set priorities for £500m investment programme
Energy

'Raising the bar': Ofgem and Innovate UK set priorities for £500m investment programme

RIIO-3 innovation funding to focus on accelerating industrial and business grid connections and enabling plug-and-play for domestic clean technologies

Stuart Stone
Stuart Stone
clock 13 May 2026 • 3 min read
Study: Clean power 'bringing down wholesale prices', as gas' influence wanes
Energy

Study: Clean power 'bringing down wholesale prices', as gas' influence wanes

New analysis shows how gas power’s falling share of the electricity mix is allowing renewables to have a dampening effect on wholesale power prices

James Murray
James Murray
clock 13 May 2026 • 4 min read
Corporate energy sourcing: 'This is a new era of volatility, data and decarbonisation'
Energy

Corporate energy sourcing: 'This is a new era of volatility, data and decarbonisation'

WATCH NOW: Experts from SE Advisory Services and Cornwall Insight discuss how companies of all shapes and sizes can develop clean energy strategies to drive down costs and boost resilience

BusinessGreen staff
BusinessGreen staff
clock 12 May 2026 • 2 min read