Octopus Energy sparks £10bn demerger of tech arm Kraken
Octopus Energy Group, Britain's largest residential gas and electricity supplier, is plotting a £10bn demerger of its technology arm that would reinforce its status as one of the country's most valuable private companies.
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Octopus Energy Group is on the brink of selling a big stake in its software arm, Kraken Technologies, at a valuation that will cement its status as one of Britain's biggest private companies.
...29-12-2025, 07:53 PM -
Octopus Energy Group has picked bankers to oversee the sale of a minority stake in Kraken Technologies, its multibillion pound software arm.
More...18-09-2025, 08:29 AM -
Scottish Power, the Spanish-owned energy supplier, and larger rival Ovo Energy have begun holding exploratory talks about a merger that would create a company serving more than six million British households....29-06-2025, 05:56 AM