Great British Billion-Pound Businesses

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6

Greg Jackson

Octopus Energy

£7.2 billion

Greg Jackson

Job Title
CEO

Founding Age
44

Current Age
53

Education Level
University of Cambridge, Bachelors degree in economics

Previous Profession
Entrepreneur

Social Media Profile
LinkedIn

Octopus Energy

Industry
Utilities

Revenue
£12.4bn

Profit
£83m

Founded
2015

HQ
London, UK

Website
octopusgroup.com

A member of Greenpeace from his mid-teens, Jackson set up businesses making mirrors and trading property before founding a renewable energy start-up in his early 40s. Within just nine years, he has grown Octopus Energy from a small-scale disruptor into the largest electricity supplier to British homes. By harnessing cash from investors keen to power the green revolution Jackson has swiftly amassed a portfolio of more than 400 wind and solar farms across the UK and six other countries. Octopus has also grown tentacles, providing electric vehicle leasing and installing heat pumps and smart meters. Acquisitions have helped. After buying collapsed rival Bulb and Shell’s UK household electricity and gas arm, Octopus now powers more than 7.7 million homes around the world.

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