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The rebranding, the UK energy provider says, is to more accurately reflect the brand’s core mission – to accelerate the transition to a sustainable energy future.

Since beginning operations in 2010, the company has become one of the largest investors in solar and wind power in the European Union, managing over €3.3billion) of assets globally.

Octopus Renewables has also made recent investments in Finland, Australia, France and Italy, creating a clean energy asset portfolio totalling 2.3GW.

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Octopus Renewables co-head Alex Brierley said: “This rebrand is clearly an exciting moment for us and comes as we reach a critical stage in the fight against climate change.

“Our mission is to accelerate the investment needed to drive the decarbonisation of our energy infrastructure, safeguarding the future of our planet for ourselves and future generations.”