Octopus Energy Generation, one of Europe’s largest specialist renewables investors, is making a major Europe-wide push into the wind energy market, acquiring 321 MW onshore wind farms across 17 sites. Its fund management team has invested €584 million in wind farms in France, Germany and Poland, on behalf of the Sky fund (ORI SCSp) it manages, accelerating homegrown power across key European markets. These wind farms will generate enough clean power for over 250,000 homes. Octopus now manages over 400 large-scale renewables projects across the globe, as it continues to…
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Living Carbon secures $500m deal with Octopus Energy Generation to restore degraded land and remove CO₂
Living Carbon PBC, a climate technology company, has signed a major deal with leading specialist renewable investor Octopus Energy Generation to remove up to 50 million tons of carbon dioxide from the atmosphere through reforestation projects. Octopus’s fund management team is set to invest $500 million into afforestation and reforestation projects in the US developed by the Californian business. On top of that, Octopus Energy Generation is investing nearly $13 million in Living Carbon’s fast-growing carbon removal business. With the new funding, Living Carbon will be positioned to remove up…
Read MoreOctopus Energy Generation to invest $500 million to remove polluting CO₂ from the atmosphere
Octopus Energy Generation, one of Europe’s leading renewables investors, is ramping up efforts to slash CO₂ pollution at scale – inking a major US deal that will help remove up to 50 million tonnes of carbon dioxide from the air. Octopus’s fund management team is set to invest $500 million in afforestation and reforestation projects in the US developed by public benefit and climate technology company Living Carbon. On top of that, Octopus has put nearly $13 million into Living Carbon’s fast-growing, cutting-edge carbon removal development business. With the new…
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