MARKETS

Origin ups stake in Octopus with $530m purchase

One of Australia's biggest diversified energy companies, Origin Energy, has acquired a further $530 million worth of Octopus Energy.

paul hunt

Octopus Energy wind turbine. Image provided.

Origin first took a stake in Octopus in 2020, buying a 20% interest in the UK energy major worth $530 million. The additional investment, announced this week, is partly to ensure it keeps its shareholding...

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