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Octopus Energy to spin off Kraken technology arm at $8.65bn valuation

By Michele Maatouk

Date: Tuesday 30 Dec 2025

(Sharecast News) - Octopus Energy has agreed to sell a stake of around $1bn in its Kraken technology arm to a syndicate of investors led by global investment firm D1 Capital Partners.
New investors include Fidelity International, Durable Capital Partners and Ontario Teachers' Pension Plan Board, via its late stage growth...

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