Ontario Teachers' Pension Plan: Octopus Energy Group to Spin Out Kraken at Valuation of $8.65bn
January 07, 2026
January 07, 2026
TORONTO, Canada, Jan. 7 -- Ontario Teachers' Pension Plan posted the following news release on Jan. 5, 2026:
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Octopus Energy Group to spin out Kraken at valuation of $8.65bn
* $1bn Kraken investment round brings world-class investors, led by D1 Capital Partners, and joined by other notable investors such as Ontario Teachers' Pension Plan, Fidelity International, and Durable Capital Partners
* Move paves way for Kraken's form . . .
* * *
Octopus Energy Group to spin out Kraken at valuation of $8.65bn
* $1bn Kraken investment round brings world-class investors, led by D1 Capital Partners, and joined by other notable investors such as Ontario Teachers' Pension Plan, Fidelity International, and Durable Capital Partners
* Move paves way for Kraken's form . . .