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Octopus Energy Spins Out Kraken in $1 Billion Raise, Valuing Utility AI Platform at $8.65 Billion
Climate Finance, Energy
Octopus Energy Spins Out Kraken in $1 Billion Raise, Valuing Utility AI Platform at $8.65 Billion
ESG News January 5, 2026

Octopus Energy Group has confirmed plans to spin out its A -powered utility technology business, Kraken, alongside a $1 billion standalone funding round that values the platform at $8.65 billion....

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