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Synopsis
Octopus Energy Generation, a UK-based company specializing in renewable energy investment and innovation, completed the acquisition of MN projects, a company specializing in renewable energy solutions. Financial terms were not disclosed. “Solar is now the fastest-growing sector in Germany’s renewables mix. And with Germany racing towards 80% renewable electricity by 2030, investments like this are essential to meet this goal. By partnering with MN projects GmbH, we’re accelerating the shift from fossil fuels to solar energy and battery storage. These solutions will power German homes sustainably for years whilst helping to balance the grid, driving a greener future for the country and beyond," Zoisa North-Bond, Octopus Energy Generation CEO.
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