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Octopus Energy is considering demerging its tech arm Kraken Technologies to create a separate business worth up to £10billion ...
Origin Energy’s investment in UK-based Octopus Energy is poised to pay dividends for the Australian electricity and gas giant as Octopus plots a break-up designed to unlock billions in ...
Octopus Energy was founded in 2015, in part to prove the Kraken technology, and is now the UK’s largest household energy supplier, overtaking Centrica’s British Gas this year.
Britain's Octopus Energy is close to hiring bankers to oversee a 10-billion-pound ($13.7 billion) separation and stake sale of its technology arm Kraken Technologies, Sky News reported on Saturday ...
Octopus, which is Britain’s largest energy retailer, has been gradually separating out Kraken, including its operating systems and management, after rapid growth over the past several years.
Octopus Energy founder Greg Jackson has accused his opponents of “gaslighting” ahead of an imminent decision by ministers on ...
Unfortunately, Macquarie thinks that Origin Energy shares are fully valued now. As a result, it has reaffirmed its neutral ...
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
Octopus Energy began licencing Kraken Technologies in 2020, and it is now an independent company operating in Japan, US, New Zealand, Australia and most of mainland Europe in addition to the UK.
LONDON (Reuters) -Britain's Octopus Energy Group and Ukrainian energy company, DTEK, are seeking to raise 100 million euros ($115 million) over the next three years to help fund up to 100 solar and ...
Kraken, which was developed in-house by Octopus to modernise energy billing and optimise smart technologies, has grown rapidly since its launch. It now serves around 70 million customer accounts ...
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