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Octopus Energy Group is a British renewable energy group. It was founded in 2015 with the backing of Octopus Group, a British asset management company.Headquartered in London, the company has operations in the United Kingdom, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States.
Octopus Energy was established in 2015 as a retail electricity and gas supplier in the UK, and by December 2019, had over 1.35 million domestic and business customers. . Under the Octopus Energy Group brand, it has expanded into energy for business and energy services, and licences its customer handling software to other energy supp
The company is now the second largest energy supplier in the UK, and has expanded to other markets including Japan and Australia. [ 10 ] [ 11 ] [ 12 ] The Financial Times reported in 2023 that "Octopus’s credentials as a disrupter have helped win the backing of investors including Generation Investment Management , chaired by former US vice ...
Energy company said it has kicked off the spending drive by buying four solar farms set to be built over the next two years across England. Octopus says it will invest £2bn in UK clean power ...
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Shell Energy Retail Limited was a British consumer gas, electricity and broadband provider. [1] Formerly a subsidiary of Shell , the business was acquired by Octopus Energy in December 2023. The company purchased gas and electricity from international markets for resale to consumers.
Serving around ten million homes in the United Kingdom, British Gas was the largest energy supplier in the country until 2024 when it was overtaken by Octopus Energy. [6] It remains the largest gas supplier. It is considered one of the Big Six dominating the gas and electricity market in the United Kingdom. [7]
Morocco–UK planned link map. The Xlinks Morocco-UK Power Project is a proposal to create 11.5 GW of renewable generation, 22.5 GWh of battery storage and a 3.6 GW high-voltage direct current interconnector to carry solar and wind-generated electricity from Morocco to the United Kingdom.