Announced
Financials
Tags
Domestic
Friendly
Renewable Energy Equipment
Majority
Single Bidder
renewable energy
Merger
Private
Pending
United Kingdom
energy investor
Acquisition
Synopsis
Octopus Energy Group, an energy supplier, agreed to acquire Octopus Renewables, a clean energy investor. Financial terms were not disclosed. “This move will allow us to create a business that is unrivalled on the global stage. By combining our tech and consumer-led approach with the fund management expertise of Octopus Renewables, we can change the entire energy lifecycle, make every green electron matter, and deliver the green energy transition faster and cheaper for everyone," Greg Jackson, Octopus Energy CEO.
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