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Octopus Energy Ltd (OEL), a subsidiary of Octopus Energy Group Ltd, is a renewable energy company. OEL offers services such as installation of heatpumps, electronic vehicle chargers, smart meters and smart energy hardware. The company also invests in renewable energy. It manages green generators, including wind and solar farms. It offers home charging service for electric vehicles. The company offers its services in the UK, Germany, the US, Japan, Spain, Italy, among others. Octopus Energy is headquartered in London, England, the UK.
Headquarters
United Kingdom
Address
Uk House, 5th Floor, 164-182 Oxford Street, London, England, W1D1NN
Website
www.octopus.energy
No of Employees
1,739
Industry
Power
Revenue (2024)
$9.9B
Octopus Energy Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Installation Services |
| Energy Generation |
| Investments |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In March, the company and Schneider Electric agreed to acquire a majority stake in Uplight, a provider of energy management software. |
| 2025 | Plans/Strategy | In December, the company announced its plans to spin off its Kraken Technologies unit as a standalone company. |
| 2025 | Stake Sale | In December, the company sold a minority stake in Kraken to a consortium of investors, including D1 Capital Partners, Fidelity International, and a unit of Ontario Teachers’ Pension Plan. |
Competitor Comparison
| Key Parameters | Octopus Energy Ltd | EDF Energy Holdings Ltd | Scottish Power Ltd | E.ON UK Plc |
|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | London | London | Glasgow | Coventry |
| State/Province | England | Greater London | Scotland | England |
| No. of Employees | 1,739 | 11,222 | 6,411 | 76,566 |
| Entity Type | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James Andrew Eddison | Director | Non Executive Board | 2016 | 55 |
| Stuart Keith Jackson | Director | Non Executive Board | 2016 | 53 |
| Bowie John | Director | Non Executive Board | 2002 | 48 |
| Greg Sean Jackson | Director | Non Executive Board | 2016 | 55 |
| Christopher Robert Hulatt | Director | Non Executive Board | 2016 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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