A billion reasons to say “oui”: Octopus Energy Generation hits €1bn in French renewables investments
Octopus delivers on pledge made at Macron-chaired Franco-British Summit three years ago
Last year its French renewables portfolio powered 120,000 homes
Comes hot on the heels of its recent French onshore wind farm acquisitions
London / Paris, Friday 22 May 2026 – Octopus Energy Generation, one of Europe's largest specialist investors in renewable energy, is racing ahead in France's transition to clean, cheap energy, hitting its €1 billion investment target for the country.
This milestone – reached in just three years – underscores the huge opportunity for renewables in France.
Octopus Energy Generation’s fund management team now operates over 40 large-scale wind and solar farms, as well as numerous rooftop solar projects across France.
Last year alone, its French portfolio generated enough green electricity for around 120,000 French homes, roughly equivalent to the city of Lille.
Recent onshore wind acquisitions have expanded Octopus’ French portfolio to 643 MW, cementing France’s place as its largest generation market in continental Europe.
Octopus’ green power projects stretch from north to south, including Hauts-de-France, Grand Est, Brittany, Centre-Val de Loire, Nouvelle-Aquitaine, Provence-Alpes-Côte d’Azur, and more.
Across France, Octopus has been advancing impactful renewables projects that work alongside local land use - with solar farms on former military bases with sheep grazing, to solar projects combined with agriculture.
The company is also growing its future pipeline, with nearly 2 GW of renewable energy projects in development to help deliver more affordable, clean power.
This follows France making major strides in decarbonising its economy, with targets to have 35-40 GW of onshore wind and 55-80 GW of solar by 2035.
Zoisa North-Bond, CEO at Octopus Energy Generation, said: ”France was one of the first markets we invested in, and it’s a place where we’ve always seen huge renewables potential. By backing projects making the most of France’s abundant wind and sunshine, we’re helping bring cheaper, greener electricity to thousands of homes while strengthening the country’s energy security.”
ENDS
Notes to the Editors:
Press Contact:
Amy Boekstein
press@octoenergy.com
0204 5308 369
About Octopus Energy Generation
Octopus Energy Generation is driving the renewable energy agenda and building green power for the future. It is reshaping the market by leading the transition to a cleaner, greener future through renewable projects connected more deeply to customers and businesses. As one of Europe’s largest specialist renewables investors, it manages 4.9 GW of green energy projects like wind and solar farms in 21 countries, worth £7bn ($9bn/ €8.5bn). These generate enough green power for 3.2 million homes every year - the equivalent of taking over 1.3 million petrol cars off the road.
Octopus comes up with innovative tech-enabled products to change ingrained thinking about energy, positively influence the net zero economy, deliver cheaper energy for customers and make it easier for everyone to be a part in the energy transition. This includes innovations like ‘The Collective’ – the UK’s first FCA-regulated investment platform launched by an energy supplier. It allows people to invest directly in renewable energy projects', like wind turbines or solar farms, from £25. The first two projects’ available shares sold out within 6 days, showing strong appetite for a new way to take part in the clean energy transition.