Octopus Energy Ltd (OEL), a subsidiary of Octopus Energy Group Ltd, is a renewable energy company. It focuses on supplying gas and electricity, installing smart energy hardware and managing green generators. OEL offers services including installing heat pumps and smart meters, among others. It also provides EV charge points and an electric vehicle package which includes electric cars, free home chargers, service and maintenance and insurance, among others. The company offers its power services through its partners London Power, M&S Energy and Co-op Energy. It provides its products and services to homes and businesses across the UK. Octopus Energy is headquartered in London, England, the UK.
Octopus Energy Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Electricity | Electricity and Energy Distribution |
Energy | Installation of Electric Vehicle Charging Points |
Electric Vehicle Chargers |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In February, the company's generation division signed a power purchase agreement with Salzgitter Flachstahl to manufacture green steel. |
2023 | Contracts/Agreements | In December, the company formed a joint venture with Nexta Capital Partners to develop 1.5GW of commercial-scale battery storage systems in Italy. |
2023 | Financing Agreements | In December, the company secured US$800 million in additional investment from existing shareholders. |
Competitor Comparison
Key Parameters | Octopus Energy Ltd | National Grid Plc | EDF Energy Holdings Ltd | Scottish Power Ltd | E.ON UK Plc |
---|---|---|---|---|---|
Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
City | London | London | London | Glasgow | Coventry |
State/Province | England | England | Greater London | Scotland | England |
No. of Employees | 1,142 | 31,275 | - | 5,750 | 8,000 |
Entity Type | Private | Public | Private | Private | Private |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Meet Zoisa | Chief Executive Officer - Octopus Energy Generation | Senior Management | - | - |
Bowie John | Director | Non Executive Board | 2002 | 45 |
Greg Sean Jackson | Director | Non Executive Board | 2016 | 52 |
Stuart Keith Jackson | Director | Non Executive Board | 2016 | 50 |
Simon Andrew Rogerson | Director | Non Executive Board | 2016 | 49 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer