London | Origin Energy’s stake in British disruptor Octopus Energy has jumped in value by $US280 million ($420 million) in just six months, after the retail energy and tech play completed a share sale that boosted its valuation by 15 per cent to $US9 billion.
That transaction brought another Australian investor onto Octopus’s tightly held private register: Aware Super helped bankroll existing shareholder Generation Investment Management’s participation in Octopus’s $US370 million secondary share sale.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
