Kraken swoops for green energy tech firm Sennen in 'gamechanger' deal

Stuart Stone
clock • 3 min read
Credit: Octopus Energy
Image:

Credit: Octopus Energy

Acquisition will see Octopus Energy-owned Kraken manage a further 30GW of green energy capacity through its smart energy platform

Smart energy platform Kraken has announced plans to snap up asset management software provider Sennen Tech Ltd for an undisclosed sum, in a deal expected to deliver a sixfold expansion in the Octopus Energy-owned...

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 Infrastructure

Green gas: What is it good for?

Green gas: What is it good for?

What role should biomethane play in the UK's net zero transition? A row has erupted as different sectors from home heating and industry to road transport and shipping vie for priority access to the low carbon energy source

Michael Holder
clock 06 October 2025 • 13 min read
First 'nationally significant' heat project to warm nearly 300,000 London homes

First 'nationally significant' heat project to warm nearly 300,000 London homes

Construction of UK-first large-scale heat transmission system to start in 2028, with low carbon heat to be supplied from 2032

Stuart Stone
clock 29 September 2025 • 4 min read
'Super batteries': Ofgem advances plans for new wave of Long Duration Energy Storage projects

'Super batteries': Ofgem advances plans for new wave of Long Duration Energy Storage projects

Regulator confirms selection of over 75 projects for new 'cap and floor' energy storage support scheme

clock 23 September 2025 • 3 min read