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Octopus Energy and Skyborn prequalified for French offshore wind tender

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Octopus Energy Generation, in partnership with Skyborn Renewables, has been selected by the French government to participate in the ninth offshore wind tender. The winners are expected to be announced in late 2025. Skyborn Renewables brings over 20 years of offshore wind development experience, including the recent commissioning of the 500 MW Fécamp wind farm in partnership with EDF Renewables, Enbridge Inc., and Canada Pension Plan Investment Board (CPP Investments). Skyborn also has another offshore…

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Octopus Energy commits £2bn to UK renewable energy projects by 2030

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Octopus Energy Generation has announced a £2 billion investment in UK renewable energy projects by 2030, with a focus on solar capacity, including 222 MW currently in the pipeline. The investment covers the development of four new solar farms by BayWa r.e. in the UK, with construction on three sites expected to begin by the end of 2024 and the fourth in 2025. The projects include the 50 MW Perrinpit Road solar park in Bristol,…

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Octopus Energy completes acquisition of UK renewables developer Exagen Group

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Octopus Energy Generation has fully acquired UK-based renewables and energy storage developer Exagen Group from its founder, Jeremy Littman. Exagen’s development pipeline includes over 2.4GW of solar and energy storage projects across England. This acquisition will accelerate the execution of these projects, furthering the UK’s renewable energy goals. Littman expressed pride in the progress made by Exagen, highlighting the company’s mission to fight climate change. Octopus had initially invested in Exagen with a 24% stake…