Octopus invests in offshore wind developer

Octopus Energy has taken a stake in global offshore wind developer Deep Wind Offshore. The deal has been struck by Octopus’ generation arm, with the British firm joining existing investors Knutsen OAS, Haugaland Kraft and Sunnhordland Kraftlag in taking a share in the Norway-based firm. Neither party has disclosed the financial details nor the size of the stake being acquired.

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