Generation Investment Acquires 13% Stake in Octopus Energy for $600 Million
The investment takes the group's valuation up to $4.6 billion
September 29, 2021
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Octopus Energy Group (Octopus) has announced a strategic partnership with Generation Investment Management (GIM), a firm founded in 2004 to invest in businesses that promote sustainability and the fight against climate change. The deal valued the United Kingdom’s leading electricity generator at $4 billion pre-deal and up to $4.6 billion post-deal.