Octopus Investments has made its maiden move into the UK’s networks sector, making a multi-million-pound investment into G2 sister company Eclipse Power. Independent distribution networks operator (IDNO) Eclipse is to use the undisclosed investment to expand its operations base and make further investments into the UK’s electricity infrastructure in what constitutes uncharted territory for Octopus. Octopus is the largest holder of UK operational solar assets and also owns Octopus Energy, one of the country’s leading challengers to the Big Six, and the firm’s co-head of energy investments Matt Setchell said the move provided Octopus with access to a “fast-changing part of the UK energy system’s value chain”.
Solar Power Portal 29th Jan 2019 read more »
