MergerLinks Header Logo

Announced

Octopus Energy to acquire 15.5% stake in the 270 MW Lincs Offshore Wind Farm from Macquarie Group.

Synopsis

Octopus Energy, a UK-based retail electricity and gas supplier specialising in sustainable energy, agreed to acquire 15.5% stake in the 270 MW Lincs Offshore Wind Farm from Macquarie Group. Financial terms were not disclosed. “Harnessing the UK’s strong wind resources out at sea is an integral part of securing energy independence. Offshore wind farms like this help the UK wean itself off imported gas and importantly, lower energy bills. We only started investing in offshore wind earlier this year and we’ve already made big waves in this space in a matter of months - and there’s more to come," Zoisa North-Bond, Octopus Energy CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US