1. Octopus Energy’s generation arm invests in renewables developer Lintas Green Energy to accelerate Germany’s energy revolution.
2. The deal involves Octopus’ Sky fund taking a 50% stake in Lintas Green Energy to build new wind and solar farms, targeting 1 GW by 2030.
3. Octopus Energy plans to invest over €1 billion in Germany’s clean energy infrastructure by 2027, partnering with major corporations to cut emissions.
Octopus Energy’s generation arm has made a significant investment in renewables developer Lintas Green Energy, aiming to accelerate Germany’s energy revolution by driving down bills for customers and working towards a net-zero future. This deal involves Octopus’ Sky fund taking a 50% stake in Lintas Green Energy, a well-established green energy developer based in Oldenburg. The investment will support the development of new wind and solar farms, with a target of generating enough clean energy to power 370,000 German homes by 2030.
Lintas Green Energy has already completed green energy projects in areas like Lower Saxony, where 100% of electricity demand was covered by renewable generation last year. The company has more than 20 projects in the pipeline across additional German states, including Hesse, Bavaria, and Saxony-Anhalt, and Octopus’ funding will enable further expansion and energy supply deals to help businesses decarbonize their operations.
This investment is part of Octopus Energy’s broader efforts to ramp up renewables activity in Germany, with plans to invest over €1 billion in the country’s clean energy infrastructure by 2027. Octopus has already made several investments in Germany’s renewables market and is working with major corporations like Salzgitter Group to support the transition to green energy. The company’s commitment to backing green projects and developers aligns with Germany’s long-standing leadership in the global energy transition.