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Britain's Octopus Energy invests 584 million euros in European wind portfolio expansion

Wed, 06th May 2026 09:56

LONDON, May 6 (Reuters) - Octopus ​Energy ⁠Generation said on Wednesday it ​had invested 584 million euros ($630 million) to acquire a ​portfolio ‌of onshore wind farms across France, Germany and ⁠Poland, as part of ⁠a push to ​expand renewable energy capacity in Europe.

The investments, made on behalf of its Sky fund (ORI SCSp), cover 17 ​sites ‌with a combined capacity of 321 megawatts, including projects that are operational and under construction.

* Octopus acquired 143.5 megawatts ​of wind farms across 10 sites in France, ‌its largest continental European renewables market.

* It bought four wind farms ‌in Germany with a combined capacity of 102.5 MW, with two projects already operational and two ​under construction.

* The company also acquired three operational ‌wind farms in Poland totalling 75 MW.

* The Polish deal includes access to a pipeline ⁠of additional renewable ⁠projects under development.

* The ‌wind farms are expected to generate enough electricity to power ​more ​than 250,000 homes.

* Following the ‌deals, Octopus said it now manages 67 onshore wind farms across Europe. (Reporting by Marwa Rashad; Editing by Louise Heavens)

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