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$800m investment to accelerate Octopus Energy’s global clean energy growth
Octopus Energy Group, the UK’s largest power supplier* and the owner of the Kraken technology platform, announces $800m (£625m) additional investment from its existing shareholders.
This new investment values the private company at $7.8bn (£6.2bn), a 60% increase since its previous investment round in December 2021.
Australian and Japanese giants Origin Energy and Tokyo Gas, one of the world’s largest pension funds, Canada Pension Plan Investment Board (CPP Investments), and sustainability-focused investors, Generation Investment Management are all participating in this round.
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