Octopus Energy to invest US$ 20 billion in offshore wind by 2030

Octopus Energy has announced plans to release $20bn (£15bn) of investment into offshore wind by 2030. This will go towards the generation of 12 GW of renewable electricity capacity.

 

Octopus is targeting projects across the globe, with a focus on Europe – and already has several deals in the pipeline. It will back developers of new offshore wind farms as well as wind farms that are under construction or operational.