Octopus Energy to acquire Upside Energy.

Octopus Energy, a UK-based retail electricity and gas supplier specialising in sustainable energy, agreed to acquire Upside Energy, an energy software company. Financial terms were not disclosed. “I’m hugely impressed by Upside’s team and efforts in building a deep-tech platform that does fantastic things with real-time energy, connected home devices, and renewables. Forward-thinking businesses like Upside are one of the reasons why I’m convinced that we can make the UK the ‘Silicon Valley of Energy’. We’re delighted to welcome these brilliant minds into our team to drive the green EnTech revolution here in the UK and abroad,” Greg Jackson, Octopus Energy CEO and Founder.