Octopus Energy Spin-off Valued at $8.7B
Update: 2025-12-30
Description
Greg Jackson, founder of Octopus Energy, is set to become a billionaire as his companys software arm, Kraken, spins off at a valuation of $8.7 billion. Octopus Energy, which supplies energy to over 7.8 million households, also secures a $1.2 billion war chest for expansion. Kraken, originally built for billing and customer service, is now licensed globally and could list on the stock market within two years. Checkout Solipillow.com
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