Announced
Completed
Financials
Tags
Domestic
Majority
Completed
Single Bidder
solar energy
Friendly
Acquisition
Alternative Fuels
Private
United Kingdom
Synopsis
Octopus Energy, a renewable energy group, completed the acquisition of Zestec Renewable Energy, a solar developer and asset manager. Financial terms were not disclosed. “There’s a significant untapped opportunity in the UK to generate more cheap green power from businesses' rooftops. This space is fast-growing and it’ll help bring more energy security and lower energy bills, all while allowing companies to reduce their carbon emissions,” Zoisa North-Bond, Octopus Energy Generation CEO.
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