UK's Octopus Energy Invests €584 Million to Acquire 321 MW of Wind Power Assets in Europe
2026-05-07 15:42
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en.Wedoany.com Reported - Octopus Energy Generation announced recently that it has invested €584 million to acquire 17 onshore wind farms in France, Germany, and Poland, with a total installed capacity of 321 MW. The acquisition was completed by its fund management team on behalf of the Sky Fund, aiming to accelerate the development of clean electricity in Europe.

The portfolio includes 143.5 MW across 10 sites in France, distributed in regions such as Île-de-France and Grand Est, encompassing both operational and under-construction projects. Once fully completed, they are expected to supply electricity to approximately 65,000 households annually. In Germany, the company acquired four wind farms (102.5 MW) in states including Lower Saxony and Brandenburg, with two already operational and two under construction, collectively powering around 71,000 homes. Additionally, Octopus Energy acquired three operational wind farms (75 MW) in northern Poland, capable of meeting the annual electricity needs of about 120,000 households, and including future development rights.

Zoisa North-Bond, CEO of Octopus Energy Generation, stated: "Europe has some of the richest wind resources in the world, but our development progress has only scratched the surface. To unlock wind potential and meet the demand for clean energy, we must accelerate action." She added that these projects mark a transition from fossil fuels to homegrown clean electricity.

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