ESG Today writes that 2016 founded Octopus Energy is now made of 10 businesses in 18 countries and they all serve a total of 7 million customers. Following the recent investment, the company is now evaluated at around 8 billion USD.

Greg Jackson, Founder of Octopus Energy Group, said that "Octopus Energy’s focus on customer service and technology has not only driven us to market leadership in UK power, but we’ve built the UK’s leading specialist electric vehicle leasing business, in just two years we’ve almost doubled our renewable generation portfolio to $7.6bn (£6bn), and tripled the contracted accounts on our technology platform Kraken from 17 million to 52 million."

Australian and Japanese energy companies Origin Energy and Tokyo Gas, as well as sustainability-focused investor Generation Investment Management were among the investors who participated in the 800 million USD round.