
Dec 29 (Reuters) -
OCTOPUS ENERGY GROUP: TO SPIN OUT KRAKEN AT VALUATION OF $8.65BN
OCTOPUS ENERGY GROUP- ANNOUNCES FIRST STANDALONE INVESTMENT ROUND INTO ITS WORLD-LEADING TECHNOLOGY COMPANY, KRAKEN, VALUING COMPANY AT $8.65 BILLION.
OCTOPUS ENERGY: $1BN KRAKEN INVESTMENT ROUND BRINGS INVESTORS, LED BY D1 CAPITAL PARTNERS, ONTARIO TEACHERS' PENSION PLAN, FIDELITY INTERNATIONAL, AND DURABLE CAPITAL PARTNERS
OCTOPUS ENERGY: AFTER SPLIT, OCTOPUS WILL RETAIN A 13.7% STAKE IN KRAKEN
OCTOPUS ENERGY GROUP- INVESTORS LED BY OCTOPUS CAPITAL ARE ALSO INJECTING A FURTHER $320M INTO OCTOPUS