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Octopus Energy Generation invests $1bn in cutting-edge Californian clean tech to boost UK growth

Octopus Energy

Octopus Energy Generation, one of Europe’s leading investors in renewable energy, is injecting nearly $1 billion in California’s next-gen tech scene – deepening its foothold in one of the world’s most advanced clean energy markets.

Through its funds, Octopus will back two Californian carbon removal companies pioneering grassland restoration and reforestation to transform degraded land into high-quality CO2-absorbing assets – with several Big Tech companies already lined up as carbon credit offtakers.

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