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At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the coming decade in blunt terms: energy demand is rising fast, and pretending ...

Octopus Energy is preparing to spin off its Kraken Technologies division as a standalone company after selling a $1 billion stake in the AI-based platform, a transaction that values the business at $8 ...

Dec 30 (Reuters) - Britain's Octopus Energy reported an annual pretax loss on Tuesday, due to heavy spending to expand its businesses, including the Kraken technology platform, which it plans to spin ...

Origin Energy said that British renewable energy startup Octopus Energy is spinning off its technology arm, Kraken, in a deal valuing the platform at $8.65 billion, following a $1 billion funding ...

Octopus Energy raised $1 billion in its first standalone funding round for Kraken, valuing the business at $8.65 billion. The statement said "a major Kraken customer," which it did not name, and ...

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 ...

Octopus Energy, a British company, reported a pre-tax loss for the year ending Tuesday. This was due to spending heavy amounts to expand its business, including the Kraken technology platform, which ...

Dec 29 (Reuters) - Britain's Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment ...

(RTTNews) - Tokyo Century Corporation announced that it has signed an agreement with asset management funds under Octopus Energy Generation, part of the global energy company Octopus Energy Group, to ...

Octopus Energy customers are now able to get their account credit back faster because of a new tie-up with fintech company GoCardless. Octopus has completed one of the Direct Debit migrations in the ...

Octopus Energy has made a significant announcement to all customers on variable or fixed tariffs. The company has informed its customers that it will automatically pass on the savings from the Labour ...