.
MergerLinks Header Logo

Announced

Octopus Energy Group to acquire Octopus Renewables.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Domestic

Friendly

Renewable Energy Equipment

Majority

Single Bidder

renewable energy

Merger

Private

Pending

United Kingdom

energy investor

Acquisition

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US