Octopus Energy to acquire a 50% stake in Lintas Green Energy.

Octopus Energy, a global clean energy tech business, agreed to acquire a 50% stake in Lintas Green Energy, a renewables developer. Financial terms were not disclosed. “Germany has been a leader of the global ‘Energiewende’ since the 80s. We’re proud to be able to help the country speed up this transition by backing green projects and developers that are driving a cleaner, cheaper future. This latest deal with Lintas Green Energy is our 8th renewables deal in Germany and our first investment in a company creating new green power – and it won’t be our last,” Alex Brierley, Octopus Energy Generation Co-Head of fund management business.