acquisition

The deal will allow the oil giant to strengthen its position in the Eastern Mediterranean

The company is taking over the outstanding 60% of Ignite Energy that it didn’t already own

The two sites, located in South Lanarkshire and Northamptonshire, generate electricity to supply more than 17,000 UK homes

The offshore wind farm has 66 turbines and will generate enough power for half a million homes

The newly acquired facility will deliver uninterrupted zero-carbon electricity to consumers in the Mid-Atlantic region

The French firm owns and operates 118MW of onshore wind farms in France, with an additional 63MW portfolio under development

The partnership with Origin Energy will allow Octopus Energy to expand its Australian retail business and drive green energy solutions

It takes the total number of customers supplied by Octopus to 1.4 million – around 5% of the UK market

The deal makes OVO one of the biggest suppliers in Britain, now serving almost five million customers

The firm has bought a majority share in challenger business 4hundred