Octopus enjoys $550m investment boost as energy giant looks to ramp up renewable plans July 26, 2022 Octopus Energy Group has closed its latest funding round, securing $550m from both existing shareholders and a North American pension group.
Exclusive: Octopus Energy urges rival Centrica to work with them to protect consumers July 25, 2022 Octopus Energy wants to work together with rival Centrica and market regulator Ofgem to protect households ahead of the cold winter months.
Octopus Energy submits the only bid for collapsed supplier Bulb Energy after auction process July 20, 2022 The Government is weighing up Bulb Energy's future after the auction process for the fallen energy firm attracted just one bid.
Centrica withdraws from Bulb auction as bidding deadline approaches June 26, 2022 British Gas owner Centrica has withdrawn from the auction to snap up collapsed energy provider Bulb in a blow to government’s efforts to find a buyer for the firm.
Ofgem risks over-regulating energy sector in favour of ‘turgid incumbents’ warns Octopus June 22, 2022 Ofgem runs the risk of "handing the market back to turgid incumbents" by over-burdening the energy sector with regulations, warned Octopus.
Exclusive: So Energy criticises ringfencing proposals amid deepening industry row June 22, 2022 So Energy has raised concerns over Ofgem's proposals to reform the energy market, and has called on the regulator to be transparent.
Centrica slams Ofgem after regulator hesitates over ringfencing June 20, 2022 Centrica boss Chris O'Shea has reignited calls for the ringfencing of consumer balances, and has urged Ofgem to speed up reforms.
Octopus Energy locks horns with Centrica over market reforms as bidding war for Bulb lights up June 12, 2022 Two of the UK's biggest energy firms remain at loggerheads over key proposals to fix the industry by ringfencing customer balances.
Octopus enters race for collapsed supplier Bulb with eleventh hour bid June 11, 2022 Octopus Energy has made a last minute offer for Bulb Energy, establishing a three-way tussle for the UK’s seventh biggest energy supplier.
Octopus Energy joins bid for collapsed Bulb June 11, 2022 Octopus Energy has joined the bid to takeover collapsed energy provider Bulb. City A.M. understands from industry sources Octopus Energy is one of multiple suppliers interested in Bulb Energy. The supplier has maintained an interest in acquiring Bulb’s 1.6m customers since its collapse in November. People close to the matter have said British Gas’s owner [...]