Octopus Energy completed the acquisition of a 10% stake in Borssele III & IV wind farm.

Octopus Energy, a UK-based retail electricity and gas supplier specialising in sustainable energy, completed the acquisition of a 10% stake in Borssele III & IV wind farm, an offshore portfolio of 77 wind turbines located in the Dutch part of the North Sea. Financial terms were not disclosed. “Investing in one of Europe’s largest wind farms in the Netherlands is a really exciting milestone as we only entered the Dutch renewables market last year. We’ve got big ambitions to supercharge the green energy transition globally. Offshore wind farms like these are boosting energy security and creating a more sustainable energy system for everyone,” Alex Brierley, Octopus Energy Generation Co-Head.