Octopus Achieves £1bn Unicorn Status With £300m Origin Energy Investment

Written by Ian Barker Small headshot image of Ian Barker, Managing Partner at BFY Group.
02 May 2020
Energy Market

Octopus, which has approximately 1.5m UK customers, will receive the funds to further its 'global clean energy expansion'.

Most of the £300m of funds will be injected in the first year, and will help create, “The Future Energy Research Centre, bringing together climate experts, data scientists, economists and policy specialists to devise plans and models to make net zero faster and more affordable.”

Origin will be adopting Kraken and the Octopus operating model to accelerate its retail transformation, radically improving customer experience and reducing costs.

Ian Barker

Ian shapes the BFY vision and inspires our team to bring it to life, while remaining central to complex client engagements in Strategy, Commercial, and Operations.

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Small headshot image of Ian Barker, Managing Partner at BFY Group.