Octopus Energy Group to acquire Octopus Renewables.

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.