Greg Jackson: London IPO a ‘no brainer’ if capital flows reverse Energy Octopus chief Greg Jackson has said choosing London as the destination for the blockbuster IPO of tech spin-off Kraken would be a “no brainer” if the exchange maintains its world-leading performance in 2025 and demonstrates it can lure fresh capital into the UK. In the biggest signal yet that the firm may select London over [...]
London Stock Exchange needs more ‘hustle’ to attract IPOs, says Octopus chief Markets The boss of Octopus Energy Group has said the London Stock Exchange needs to show more “hustle” to attract new listing candidates like the group’s tech arm, Kraken. Greg Jackson, chief executive of Octopus, said whilst he would “love” for Kraken to list in the City, but added the London Stock Exchange (LSE) needs to [...]
Greg Jackson spins off Octopus’ tech arm Kraken after $1bn injection Investing Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners, with new investors including Fidelity International, Durable Capital Partners and Ontario Teachers’ Pension Plan Board. Kraken – which is an AI-powered platform now contracted [...]
Greg Jackson spins off Kraken from Octopus Energy September 18, 2025 Greg Jackson’s Octopus Energy has announced the spin-off of its technology arm Kraken to become a standalone business. The group said the move is aimed at “speeding up the platform’s expansion across the globe” and allowing Kraken to “fast-track investments into its technology, expand into new energy markets and regions, and drive innovation”. Kraken has [...]
Octopus heat pump ad claim row boils over July 30, 2025 A war of words has erupted between energy providers after an Octopus Energy advert was banned for claiming that households could have a heat pump installed for as little as £500. The Advertising Standards Authority (ASA) upheld a complaint against the Greg Jackson-run energy giant, ruling that not enough customers were eligible for the £500 [...]
SSE reaffirms outlook and welcomes clarity after zonal pricing spat July 17, 2025 Scottish renewable power giant SSE has reaffirmed annual guidance despite a decrease in quarterly renewables output. The London-listed firm narrowed its annual earnings per share forecast earlier this year to between 155p and 160p and announced a multi-billion cut to future investment. It has, however, held firm on long-term earnings targets and reiterated adjusted earnings [...]
Ed Miliband rules out zonal energy pricing July 10, 2025 The UK government has ruled out the introduction of a zonal energy pricing system that would have seen regions closer to renewable energy sources likelier to see lower prices. Ed Miliband’s Department for Energy Security and Net Zero has opted to reform the existing system by reviewing the way transmission charges work and incentivising the [...]
French AI boss calls for youth mobility scheme July 9, 2025 The boss of one of France’s most successful tech start-ups has thrown her weight behind calls for a youth mobility scheme between the EU and UK, warning that Europe must have access to deep pools of talent to stand a chance of competing in the AI arms race. Eleonore Crespo, co-founder of business planning unicorn [...]
Octopus’s Greg Jackson: We have been gaslit by vested interests July 7, 2025 Octopus Energy founder Greg Jackson has accused his opponents of “gaslighting” ahead of an imminent decision by ministers on whether to split up the UK’s power market. Prime Minister Sir Keir Starmer is expected to draw a line under the zonal pricing debate as early as this week after months of increasingly fierce lobbying from [...]
SSE boss: Zonal pricing would be a ‘huge mistake’ May 21, 2025 Introducing a zonal pricing scheme to the UK’s electricity market would be a “huge mistake,” the chief executive of SSE has said. Writing in City AM, the Scottish energy firm’s outgoing boss Alistair Phillips-Davies argued such a move would create a “postcode lottery” where some households would pay £200 to £300 more “simply because of [...]