Octopus Energy to spin-out software arm Kraken at $8.65bn valuation

BusinessGreen staff
clock • 3 min read
Credit: Kraken
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Credit: Kraken

Energy giant announces plan to sell $1bn-worth of equity in Kraken, as part of major funding round involving new and existing investors

Octopus Energy Group is to sell part of its stake in energy software firm Kraken, as part of an investment round announced today that values the company at $8.65bn. The funding round is set to see a...

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