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297 Octopus Energy spins off Kraken in $8.65B deal as energy software arm raises $1B

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Nickie Louise @ Startups News 2 place · today 17:53 EDT

Octopus Energy spins off Kraken in $8.65B deal as energy software arm raises $1B

Britain’s clean energy heavyweight Octopus Energy is breaking its most valuable technology asset out into the open. The company said Monday it will spin off its software arm, Kraken, as a standalone business valued at $8.65 billion, following a major ...

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