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Origin Energy puts $210m into spinout of Kraken from Octopus Energy

By Staff Writer

Dec 30 2025 12:43PM

Powering the utility's retail business transformation.

Origin Energy puts $210m into spinout of Kraken from Octopus Energy

Britain's Octopus Energy will ⁠spin off its technology arm, Kraken, as an independent company valued at US$8.65 billion ($12.91 billion), after a funding round led by US investment firm D1 Capital ‌Partners. Kraken supplies energy software to major utilities ⁠and ...

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