Close Menu
  • Home
  • News
    • Solar
    • Wind Energy
    • Bioenergy
    • Geothermal
    • Grid
    • Hydrogen
    • Hydropower
    • Ocean Energy
    • Politics
  • Climate
  • Energy Storage
  • Finance
  • Opinions
  • Peoples
  • Smart Energy
  • Transportation
  • Study
  • —
  • Account
  • Log In
Facebook X (Twitter) Instagram
  • About Us
  • Advertising
  • Privacy Policy
  • Contact
Facebook X (Twitter) LinkedIn WhatsApp
Account Monday, October 6
Energymagz
SUBSCRIBE Login
  • Home
  • News
    • Solar
    • Wind Energy
    • Hydropower
    • Hydrogen
    • Geothermal
    • Bioenergy
    • Ocean Energy
  • Region
    • Europe
    • North America
    • Asia
    • Africa
    • Middle East
    • Australia & Oceania
    • Latin America
  • Politics
  • Finance
  • Energy Storage
  • Grid
  • Climate
  • Peoples
  • Study
Energymagz
  • Wind Energy
  • Solar
  • Bioenergy
  • Geothermal
  • Hydropower
  • Ocean Energy
  • Hydrogen
  • Transportation
  • Smart Energy
Home » News » Octopus Energy Nears £10 Billion Spin-Off of Tech Arm Kraken Technologies – Sky News
News

Octopus Energy Nears £10 Billion Spin-Off of Tech Arm Kraken Technologies – Sky News

By Michelle AdkinsJuly 5, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Credit: Octopus Energy
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Octopus Energy is preparing to spin off its technology platform, Kraken Technologies, in a deal valued at £10 billion ($13.7 billion), according to a report by Sky News on Saturday citing unnamed sources. The British energy company is said to be close to appointing investment banks to oversee the separation and minority stake sale, which

To continue reading this article, please subscribe:

Monthly Plan

Price: $30 / month

Features:

  • Full access to all renewable energy news and analysis
  • Exclusive expert interviews and industry reports
  • Daily newsletter with latest updates
  • Access to multimedia content (videos, podcasts)
  • Commenting and community engagement

Sign Up

Annual Plan

Price: $300 / year (Save 17%)

Features:

  • Everything in the Monthly Plan
  • 2 months free compared to monthly subscription
  • Priority access to special reports and webinars
  • Early access to newsletters and featured articles
  • Exclusive members-only content and events

Sign Up

Already a subscriber? Log in here:

 
 
Forgot Password
Kraken Management Octopus Energy
Follow on Flipboard Follow on X (Twitter) Follow on LinkedIn
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleInch Cape Offshore Project Receives First Export Cable at Port of Blyth
Next Article Indonesia Boosts Solar Push, Efficiency Measures to Accelerate Energy Transition

Related Posts

Octopus Energy Valued at $9 Billion as Investors Back Expansion

May 7, 2024 News

Data Centers Seek Alternatives as U.S. Electrical Systems Struggle to Keep Pace with AI Demand

April 19, 2024 News

Octopus Energy Group Partners with Energisa Group to Boost Green Renewables in Brazil

April 18, 2024 News

Premier Energy Plans 50% Boost in Renewable Energy Portfolio, Eyes Expansion in Moldova

March 27, 2024 News

Origin Energy Boosts Stake in Octopus Energy with £280 Million Investment

December 20, 2023 Finance

Octopus Energy Commits £1 Billion Investment to Accelerate Asia-Pacific Renewable Market Transition

May 20, 2023 News
Latest Post

UK’s 840MW Botley West Solar Project Enters Final Phase of Planning Examination

October 6, 2025

ScottishPower to Invest £10 Billion in Grid Upgrades and Jobs Across Scotland

October 6, 2025

Volue Acquires SmartPulse to Expand Energy Software Reach Across Europe

October 6, 2025

Ocean Winds Criticises Federal Motion to Reassess SouthCoast Wind Permit

October 6, 2025

Rivington Energy Acquires 139MW Solar and Battery Storage Portfolio from Gridserve

October 6, 2025
Facebook X (Twitter) LinkedIn WhatsApp

News

  • Wind Energy
  • Solar Energy
  • Hydropower
  • Hydrogen
  • Geothermal
  • Bioenergy
  • Ocean Energy

Region

  • Europe
  • North America
  • Asia
  • Africa
  • Middle East
  • Australia and Oceania
  • Latin America

Friends

  • EVMagz
  • Pivle
  • SpaceMagz
  • Teknowire
  • Smashresume
  • Smashfreakz

EnergyMagz

  • About Us
  • Advertising
  • Privacy Policy
  • Cookie Policy
  • Contact

Subscribe to Updates

Subscribe for the latest in renewable energy from Energymagz.

© 2025 EnergyMagz. Designed by EnergyMagz.

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?