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Octopus to spin off tech arm Kraken

By Abigail Townsend

Date: Thursday 18 Sep 2025

(Sharecast News) - Octopus Energy is to spin off Kraken, its fast-growing technology unit, the British gas and electricity provider confirmed on Thursday.
Developed initially for use within Octopus, Kraken's AI-powered platform has since been licensed to numerous other utilities.

It is contracted to serve more than 70m household and...

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