Octopus Energy Considers $14 Billion Kraken Tech Arm Demerger
Move would create standalone company to expand global licensing
Britain’s Octopus Energy is weighing a $14 billion demerger of its technology division Kraken, according to industry sources.
The move would separate the platform into an independent company to better capitalize on booming global demand for its energy management software.
Executives say the potential restructuring reflects Octopus’s ambition to license its innovative systems more widely while securing fresh investment to accelerate growth in sustainable energy markets.