Octopus Energy has acquired agrivoltaics developer OX2 France, a leader in combining solar energy generation with agriculture, from OX2 AB. This move positions OX2 as a leader in combining solar energy generation with agriculture, enhancing land use and biodiversity. The acquisition brings Octopus a pipeline of 21 projects in France, aiming to develop 500 MW of capacity by 2031. This is part of Octopus’ broader strategy to invest over €1 billion in France’s clean energy infrastructure by 2025. This deal marks the Sky fund’s first investment in a French developer and follows previous wind farm acquisitions in Sweden with OX2. The company aims to develop sustainable energy solutions for millions of people in France and beyond.
Octopus Energy has acquired OX2, a leading agrivoltaic developer in France, to expand its renewable energy portfolio.
