ateenergy.co.uk
Origin takes £265m stake in Octopus Energy - ATE Energy Solutions
Australia’s largest utility will pay £265m for a 20 per cent stake in Octopus Energy. It will pay £70m on completion and £195m in batches out to 2023. Origin will use Octopus’ Kraken customer platform, which Eon has also licensed, in a bid to reduce costs and improve service (Origin’s ASX filing suggests Kraken cuts...