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

Transition Finance Council consults on new guidelines to divert funds to 'sectors that need it most'

How Binding Solutions is using circular materials to cut steel industry emissions

More on Energy

Government moves to cut energy costs for UK industry by £420m from next year
Energy

Government moves to cut energy costs for UK industry by £420m from next year

Around 500 energy intensive businesses across sectors such as steel, cement, glass and chemicals offered extra discount on energy network charges

Michael Holder
Michael Holder
clock 31 October 2025 • 3 min read
Study: Smart heat pump trial sees homes slash electricity use by a third
Energy

Study: Smart heat pump trial sees homes slash electricity use by a third

EXCLUSIVE: OVO and Nesta trial of 58 London homes fitted with smart, automated heat pumps achieves significant reduction in electricity use and energy bills

Michael Holder
Michael Holder
clock 24 October 2025 • 3 min read
How the government can maximise benefits for UK communities through the Local Power Plan
Energy

How the government can maximise benefits for UK communities through the Local Power Plan

Partner Insight: Ahead of the publication of the Local Power Plan, Stew Horne - group head of sector intelligence & external affairs at the Energy Saving Trust - sets out how the government can ensure communities across the UK reap the benefits of clean...

Stew Horne, Energy Saving Trust
clock 23 October 2025 • 6 min read