Octopus Energy invests in Nexta to develop 1.1GW renewable energy in Italy

Octopus Energy invests in Nexta to develop 1.1GW renewable energy in Italy

Octopus Energy Generation has announced investing an undisclosed amount in renewables developer Nexta with an aim to develop 1.1GW of green energy in Italy by 2025. The investment marks the entry of the European renewables investor into the Italian market. A joint venture will be formed by Octopus Energy Development Partnership (OEDP) and Milan-based Nexta […]

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 […]