Octopus Boss Targets Dual FTSE Floats for Kraken Technologies and Octopus Energy

Greg Jackson weighs a roughly £6 billion float for Kraken Technologies and a potential second listing for Octopus Energy as part of a dual-IPO strategy.

Rich by Coin

2026-02-07

Greg Jackson, founder and chief executive of Octopus Energy, is lining up Kraken Technologies for a roughly £6 billion flotation. He is also weighing a potential separate listing for Octopus Energy as part of a dual-IPO strategy.

The plan would position Kraken Technologies for a London float that could land it on a FTSE listing. A second listing for Octopus Energy could follow as part of a broader value-creation strategy.

No formal confirmation has been issued by the group. Market conditions and regulatory considerations will determine whether any flotation proceeds.