Tag: Octopus Energy

Octopus EV surges past £2bn in electric car funding

Stuart Mitchell

Octopus Electric Vehicles (Octopus EV) has extended and upsized its funding line from global banks to get more electric vehicles on roads, bringing its total EV funding to £2 billion. The deal allows Octopus to supercharge its EV fleet, pushing it from 40,000 cars currently to more than 75,000 once all funds are deployed.   This builds on a major funding line agreed with Lloyds in 2023, now joined by international banks Morgan Stanley and Crédit Agricole CIB.  The announcement was made at COP30 in Brazil and comes as electric cars…

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Octopus Energy joins global campaign to scale up renewables across Africa

Stuart Mitchell

Octopus Energy Generation has joined the European Commission, the Republic of South Africa and Global Citizen’s Scaling Up Renewables in Africa campaign, which announced that it had raised $17.8 billion (€15.5bn) in public and private sector contributions during the G20 Leaders’ Summit in Johannesburg. Octopus is the only British business contributing to the global campaign, leveraging its Power Africa Initiative to catalyse $450 million. In addition to new solar and wind generation, the Power Africa Initiative will focus on a range of clean-energy investments, including grids, distributed assets and technologies…

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Octopus Energy powers past 10 million customers globally

Stuart Mitchell

Octopus Energy has hit a major milestone, serving 10 million retail customers worldwide. The breakthrough underscores Octopus’ extraordinary trajectory driven by technology, innovation and customer-centricity, cementing its place as one of the world’s fastest-growing energy suppliers. In less than a decade, Octopus has risen from a tech challenger to the largest energy supplier in the UK, whilst branching out into new markets and industries. It operates a £7 billion renewables portfolio – one of the largest in Europe – as well as thriving EV leasing, heat pump and solar businesses.…

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Octopus Energy brings clean power and community spirit to Skate Manchester with festive wind turbine

Stuart Mitchell

Octopus Energy, the UK’s largest energy supplier, is bringing clean, green energy to Manchester’s winter festivities by installing its innovative portable wind turbine, at Skate Manchester. The first-of-its-kind partnership will see the 15-metre tall, 15kW turbine partially powering the rink. Octopus will also power the community initiatives at both Skate Manchester and The Queen’s House ice rink in Greenwich, London as well as providing exclusive offers at both rinks for Octopus Energy customers. Rather than the traditional Christmas tree, Mancunians and those visiting the city can enjoy all the greatness…

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Octopus Energy and The King’s Trust launch careers festival to boost young talent into green jobs

Stuart Mitchell

Octopus Energy, The King’s Trust and leading hiring platform Indeed joined forces for their first Jobs That Matter festival, opening doors to green careers for young people across the UK. Held on the 25th and 26th of September at Octopus’ London HQ, 50 young people had the chance to network, interview and learn firsthand from industry experts. Day one of the two-day festival kicked off with hands-on workshops, where aspiring green professionals sharpened their interview skills, perfected CVs and built confidence.  On day two, participants put their new skills to the test…

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