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Octopus Energy

  • Wednesday, 8 January, 2025
    News in-depth
    Octopus Energy’s software platform is emerging from parent’s shadow

    Kraken now has more than 60mn accounts and forecasts that it will win tens of millions more

    A person is standing in front of multiple large screens displaying various data visualisations and graphs.
  • Monday, 14 October, 2024
    Biggest US public pension fund Calpers invests in UK’s Octopus Energy

    California retirement fund among investors drawn to power company for its software and green focus

    Plastic octopus in a water tank at Octopus R&D centre in Slough
  • Monday, 30 September, 2024
    The Monday Interview with Matthew Garrahan
    Octopus Energy CEO: ‘Most entrepreneurs are not lovers of risk. They’re lovers of control’

    New competitor has shaken up UK market with a focus on technology but price spikes this winter could bring challenges

    Greg Jackson
  • Wednesday, 28 August, 2024
    Moral Money
    The rise of virtual power plants Premium content

    Demand-side schemes support the grid by nudging consumers to change electricity consumption habits

    A close-up of an electric car charging at a Tesla charging point in Breda. The image shows the charging cable plugged into the car's charging port.
  • Friday, 21 June, 2024
    UK energy
    Octopus to repay £3bn of Bulb nationalisation costs

    Treasury set to recoup almost all of what was forecast to be UK’s costliest bailout since 2008

    A digital advertisement of Octopus Energy is seen on a digital screen along the street
  • Saturday, 27 January, 2024
    Octopus Energy turns first profit since launch in 2015

    Result built on tripling of revenues after several years of rapid growth

    Greg Jackson
  • Monday, 18 December, 2023
    Octopus Energy raises $800mn to boost valuation close to $8bn

    CPP Investment Board and Origin increase stakes during fundraising in UK’s second-largest household energy supplier

    Octopus chief executive Greg Jackson
  • Monday, 4 December, 2023
    LexOrigin Energy Ltd
    Origin/Octopus: tentacular pricing makes a sucker of Brookfield Premium content

    Takeover saga reveals a staggering lack of consensus on what Australian utility might be worth

    Greg Jackson, chief executive of Octopus Energy
  • Friday, 17 November, 2023
    Lex
    Octopus Energy: jamming tentacles throughout the energy value chain Premium content

    Even a small chance of transformation offers a nice way to juice up valuations

    Offshore wind turbines
  • Friday, 17 November, 2023
    UK energy
    Octopus Energy launches £3bn offshore wind fund

    Move comes as boost for the technology, with developers under pressure from surging costs

    Offshore wind farms
  • Sunday, 1 October, 2023
    News in-depth
    Octopus Energy: the UK start-up outgrowing its roots

    Founder Greg Jackson puts expansion above profits even as Shell deal turns it into second-biggest supplier

    Greg Jackson, the company’s founder and chief executive, says ‘It’s a choice for us when we choose to deliver a profit’
  • Friday, 22 September, 2023
    Legal services
    In-house lawyers buy into need for change

    Accenture legal team wins FT award for its work on taking risks with confidence

    Icons for different services/industries, including airline and medical
  • Friday, 1 September, 2023
    UK energy
    Octopus Energy to buy Shell’s UK household supply division

    Group will be the UK’s second largest supplier less than decade after it was founded

  • Thursday, 2 March, 2023
    UK energy
    Rival UK power groups slam interest-free loans in Bulb rescue

    Government support included in sale of failed provider to Octopus threatens to distort energy market, court hears

    Bulb app with gas ring
  • Wednesday, 1 February, 2023
    Octopus signals plunge in UK taxpayer bill for Bulb rescue

    Energy group estimates government will lose just £260mn after takeover of collapsed power supplier

    An employee loads an Octopus van
  • Saturday, 21 January, 2023
    Bulb Energy
    UK government set for payback from Bulb sale to Octopus

    Fall in gas prices expected to cut cost of failed energy company’s rescue by up to £840mn

    A person reads a customer email from Bulb energy company about electricity prices
  • Thursday, 22 December, 2022
    LexBulb Energy
    Octopus/Bulb: falling energy prices reduce cost of government support Premium content

    The crisis in retail energy casts the authorities in a poor light

    Octopus energy promotional toys
  • Wednesday, 21 December, 2022
    UK energy
    Octopus to receive up to £4.5bn of state support to back Bulb takeover

    UK government says money is to aid wholesale purchase of electricity and gas for failed group’s 1.5mn customers

    Bulb logo and gas ring
  • Tuesday, 6 December, 2022
    Bulb Energy
    Battle deepens over sale of energy supplier Bulb to Octopus

    Emails showing Centrica was told that UK state support for bid was on offer cloud dispute over fairness of process

    Montage of the Bulb logo on a mobile phone, with a gas stove in the background
  • Monday, 5 December, 2022
    Business InsightPatrick Jenkins
    Is Octopus-Bulb a replay of Lloyds-HBOS?

    Or has everyone learnt the lessons of 14 years ago?

  • Wednesday, 30 November, 2022
    Bulb Energy
    High Court rules government plans to sell Bulb to Octopus can proceed

    Rescue of failed energy supplier has ballooned, with taxpayers on hook for potentially hundreds of pounds per household

    The Bulb Energy website on a smartphone
  • Tuesday, 29 November, 2022
    UK energy
    Centrica says Bulb sale risks ‘future stability’ of UK energy market

    Court filing warns on Octopus’s finances and suitability to take on 1.5mn customers

    Octopus Energy promotional toys
  • Friday, 11 November, 2022
    UK energy
    Bulb transfer to Octopus delayed after intervention by energy rivals

    Judge adjourns hearing after British Gas, Eon and ScottishPower complain about transparency

  • Saturday, 29 October, 2022
    Bulb Energy
    Octopus Energy buys failed rival Bulb

    Deal brings end to year-long nationalisation which cost taxpayer £4bn

  • Monday, 11 July, 2022
    Octopus Energy rescues customers of collapsed smaller supplier

    Ofgem announces failure of UK Energy Incubator Hub and transfer of accounts after a series of earlier warnings

    The Octopus Energy app
Previous page You are on page 1 Next page

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