British clean energy giant Octopus Energy Group Ltd. has announced it’s spinning off its most valuable technology asset as a standalone entity. The company said its Kraken Technologies Ltd. subsidiary will become an independent company valued at $8.65 billion after it closed on a $1 billion funding round led by D1 Capital Partners. Octopus is
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Octopus Energy has reached a deal to sell a minority stake in its Kraken Technologies unit, a transaction that would value the software business at $8.65bn and pave the way for its potential public listing.
I. Renewable Energy Becomes a Global Hot Topic: Energy Is Being “Financialized” In recent years, the global energy structure has been undergoing profound changes. Driven by carbon-neutral goals, energy security concerns, and technological innovation, renewable energy sources such as hydropower, wind, solar, and geothermal are experiencing rapid growth. At the same time, the blockchain and
A fan of Martin Lewis asked about making a change to their home 13:09, 29 Dec 2025Updated 13:09, 29 Dec 2025 Martin Lewis spoke about smart meters in his BBC podcast(Image: ITV) Martin Lewis has offered some thoughts on how energy bill payers can save money on their household bills. A recent episode of his
The new Ofgem energy price cap starts on January 1. 7 things you should do before turning the heating on Scottish households are being urged to submit meter readings to their energy supplier ahead of the new Ofgem price cap coming into force later this week. Advice Direct Scotland, which runs the national energy advice
If the bustling festivities and seasonal cheer have your energy levels running at an all-time low, or if you’ve been battling yawns and midday naps since the clocks turned back in autumn, it’s time to take an in-depth inventory of your everyday wellness routine. Whether you’re skating along on minimal sleep or the roots of
Latest aerial pictures show the walls are going up at pace at the Encyclis Walsall Energy Recovery Facility (ERF) which is continuing to take shape following the completion of initial groundworks at the site in Fryers Road, Beechdale on the Walsall-Bloxwich boundary. Now the developers are poised to begin pressure testing, to be carried out
A team of South Korean scientists have discovered evidence that dark energy may end the universe in what astronomers have called a ‘Big Crunch’. Analysis suggests that instead of the universe continuing to expand, galaxies could be pulled back together via gravity. Scientists who conducted the analysis believe they could be on the cusp of
The regulator for England, Wales and Scotland is set to raise its price cap in the new year 09:42, 27 Dec 2025Updated 09:42, 27 Dec 2025 The energy price cap is set to increase in January(Image: MonkeyBusinessImages/Getty Images) Millions of Brits will face another energy bill increase from the new year as Ofgem recently announced
South Korea’s LG Energy Solution has agreed to sell the building and fixed-asset components of its Ohio electric vehicle battery plant to Honda Development and Manufacturing of America for ?4.22 trillion ($2.85 billion), according to company disclosures cited by Yahoo Finance. The facility is part of the $4.4 billion battery manufacturing joint venture between LG