Octopus Energy

Octopus Energy Group is a British renewable energy group specialising in sustainable energy. It was founded in 2015 with the backing of British fund management company Octopus Group, a British asset management company. Headquartered in London, the company has operations in the United Kingdom, France, Germany, Italy, Spain, Australia, Japan, New Zealand and the United States. Following the acquisition of Shell Energy on 1 December 2023, Octopus Energy is the UK's second largest domestic energy provider.

Octopus Energy
Company typeSubsidiary
IndustryRenewable energy supply
Founded2015
HeadquartersLondon, England, UK
Key people
Greg Jackson (CEO), Stuart Jackson (CFO), James Eddison (CTO), Zoisa North-Bond (CEO, Octopus Generation), Rebecca Dibb-Simkin (CMO), Peter Miller (Customer Experience)
ProductsGas
Hydrogen
Electricity
Electric vehicle services
Heat pumps
Revenue
  • £1.24bn (2020)
  • £459m (2019)
  • £129m (2018)
  • £35m (2017)
ParentOctopus Group
Websiteoctopusenergy.group

Octopus Energy Group operates a wide range of business divisions, including Octopus Energy Retail, Octopus Energy for Business, Octopus Energy Services, Octopus Electric Vehicles, Octopus Energy Generation, Octopus Hydrogen, Kraken, Kraken Flex and the not-for-profit Centre for Net Zero. The company also supplies software services to other energy suppliers.

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