Octopus Energy’s cloud-native platform Kraken Technologies is expanding to target other utilities, such as water and broadband.
EDF is to move its five million customers onto Octopus Energy’s Kraken platform from the summer of 2023.
E.ON Next has been appointed to take on failed supplier Hub Energy’s 15,000 customers.
British entech company Octopus Energy has entered the Spanish market with the acquisition of green energy startup Umeme.
Octopus Energy saw its revenue grow +160% in the fiscal year 2019/2020, jumping from £477 million to £1.24 billion.
E.ON’s UK business has returned to profitability after shifting all npower customers to the Kraken-powered E.ON Next customer service platform.
E.ON has completed the migration of two million former npower customers to its Kraken powered E.ON Next customer service platform.
The Octopus Energy Group is set to expand into the green hydrogen sector, touting the benefits of the technology for "parts of the economy electrification can’t reach".
Octopus Energy Group is to acquire its renewable energy investment arm Octopus Renewables, adding £3.4 billion to its portfolio.