[ TRANSACTION RECORD ]

CPP Investments Investment in Octopus Energy — 2023

VERIFIED VECTOR ID: 002362 · tx-337
M SOURCE NODE — FUNDER
CPP Investments
Finance Canada
$800,000,000
EQUITY
18/12/2023
Q DESTINATION NODE — RECIPIENT
Octopus Energy
Company United Kingdom
Amount (USD)
$800.0M
Flow Type
EQUITY
Transaction Date
18/12/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity CPP Investments
AUM 450000
HQ Location Canada
Sector Finance
Recipient Profile [ Q ]
Entity Octopus Energy
Entity Type Company
Jurisdiction United Kingdom
Intelligence Note

CPP Investments increased its stake in Octopus Energy with an 800 million dollar follow-on investment to support global renewable energy expansion. This transaction provides capital to scale the energy retail operations. The deal highlights the pension fund’s commitment to financing the global green energy transition.

Σ
Primary Forensic Source https://www.cppinvestments.com/public-media/headlines/2023/cpp-investments-and-generation-investment-management-to-increase-investment-in-octopus-energy-group/
✓ SOURCE LINKED