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Octopus Energy Group Ltd. plans to spin off Kraken Technologies Ltd., a software platform that helps utilities manage the ...
The British renewable energy provider said that its Kraken platform had $500 million in committed annual revenue, spurring a ...
Octopus Energy Group has announced it will spin off its technology arm Kraken into a standalone company, as the platform hits ...
Who better to midwife a giant mythical cephalopod than finance’s most famous great vampire squid? Octopus Energy has hired Goldman Sachs to spin off Kraken Technology, the software platform powering ...
The move comes as Kraken reaches $500M in committed annual revenue through licensing deals with energy majors such as EDF, ...
Energy giant said move will help accelerate global expansion of Kraken's AI-powered customer energy management platform ...
Octopus Energy Group has formally announced the spin-off of its technology company Kraken, as the platform’s annual revenue ...
Shares in ASX-listed Origin rose as much as 3.7% in Friday's early trade after Octopus Energy announced plans to separate the Kraken unit into a standalone business. Origin has a near 23% stake in ...
Kraken currently generates $500 million in annualized recurring revenue, a 300% jump from 2022. The utilities that use its ...
Octopus Energy Group will spin off its technology company Kraken to help accelerate the platform’s expansion across the globe ...
Octopus Energy has made a significant announcement impacting "70 million households worldwide". The energy supplier revealed ...