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Kraken

'First year of profitability': Octopus triples group revenues to £13bn

Energy

'First year of profitability': Octopus triples group revenues to £13bn

Firm delivered £203m in net profit, extended its software platform to 32 million accounts, and tripled non-UK energy revenues as part of a landmark financial year

clock 27 January 2024 • 3 min read
Kraken swoops for green energy tech firm Sennen in 'gamechanger' deal

Infrastructure

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

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

clock 20 December 2023 • 3 min read
Octopus wraps 'big battery' joint venture with Nexta Capital

Energy

Octopus wraps 'big battery' joint venture with Nexta Capital

Octopus Energy Development Partnership aims to deliver to up to 1.5GW of energy storage in Italy and targets €1bn investment by 2030

clock 14 December 2023 • 3 min read
Octopus and housebuilder Bellway plot thousands of 'zero energy bills' UK homes

Buildings

Octopus and housebuilder Bellway plot thousands of 'zero energy bills' UK homes

Companies form 'long-term' partnership aimed at delivering thousands of green homes that come with a guarantee of no energy bills to pay for the first five years

clock 10 November 2023 • 3 min read
Octopus Energy hails success of flexible and smart tariffs as it expands rewards offer

Energy

Octopus Energy hails success of flexible and smart tariffs as it expands rewards offer

Octopus Energy expands flexible and smart tariff offers to incentivise household energy saving behaviours

clock 26 October 2023 • 3 min read
Masdar and Octopus Energy Group ink UK battery storage deal

Infrastructure

Masdar and Octopus Energy Group ink UK battery storage deal

Partnership will see UAE clean energy giant manage its planned £1bn UK battery storage portfolio using Octopus Energy Group's Kraken technology

clock 11 May 2023 • 3 min read
Octopus Energy Group secures $550m investor backing to further global expansion

Investment

Octopus Energy Group secures $550m investor backing to further global expansion

Green energy and clean tech giant secures further backing from both existing shareholders and leading investor CPP Investments

clock 26 July 2022 • 2 min read
Octopus Energy stretches tentacles into Spain with Umeme acquisition

Energy

Octopus Energy stretches tentacles into Spain with Umeme acquisition

UK energy firm continues international expansion with 'multi-million pound' deal for Spanish green energy start-up

clock 04 August 2021 • 3 min read
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