The company is expanding its US operations with major backing for carbon removal and renewables projects in California.

Octopus Energy has announced an investment of 'nearly' US$1 billion into Californian clean energy, including a solar-plus-storage project.

Octopus Energy will acquire a solar and storage project in California that is expected to be operational by July as part of its investment. The UK-based company, active across major markets in Europe, ...

British renewable energy provider Octopus Energy said this week that it’s spinning off Kraken, its tech platform for utilities, spurred in part by $500 million in committed annual revenue from other ...

Octopus Energy Group Ltd. today announced plans to spin off its Kraken subsidiary, which sells software that helps utilities operate more efficiently. The Wall Street Journal cited analysts as saying ...

Octopus Energy Group is formally spinning out its Kraken technology arm after completing the first standalone investment round for the business, valuing Kraken at $8.65 billion. The $1 billion equity ...