Dec 18 (Reuters) - Origin Energy Ltd (ORG) :
- ORIGIN INCREASES STAKE IN OCTOPUS ENERGY
- WILL INVEST £280 MILLION IN OCTOPUS ENERGY
- TO INCREASE ITS INTEREST BY 3 PER CENT TO 23 PER CENT IN OCTOPUS ENERGY
- CPP WILL INVEST £300 MILLION TO INCREASE ITS INTEREST IN OCTOPUS FROM 6 PER CENT TO 11 PER CENT
- ORIGIN IS PARTICIPATING IN FUNDING ROUND ALONGSIDE OTHER EXISTING MAJOR INVESTORS IN OCTOPUS, AMONG OTHERS
- THIS LATEST CAPITAL RAISING IS BEING EXECUTED AT A PRE-MONEY VALUATION OF £5.6 BILLION
News: ORG ASX Alert-Origin Increases Stake In Octopus Energy-Org.Ax
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