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

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.