Octopus Renewables sells Ljungbyholm Wind Farm for €73.7m, achieves 11.3% IRR

Octopus Renewables sells Ljungbyholm Wind Farm for €73.7m, achieves 11.3% IRR

Octopus Renewables Infrastructure Trust plc (ORIT) has announced the successful sale of its Ljungbyholm onshore wind farm in Sweden to DWS Infrastruktur Europa, a core infrastructure fund managed by DWS. The transaction, valued at €73.7 million, is expected to deliver an impressive internal rate of return (IRR) of 11.3% over the lifetime of the investment. […]

Octopus Energy Group to acquire sister company Octopus Renewables

Octopus Energy Group to acquire sister company Octopus Renewables

Octopus Energy Group, a UK-based retail electricity and gas supplier, has revealed plans to acquire sister company Octopus Renewables for an undisclosed price. The energy technology company (entech company) is said to have added two million customers since its launch less than five years ago. Currently, Octopus Energy Group is the fifth largest energy supplier […]