IKEA, truck manufacturer Daimler Truck Italia and logistics company LC3 Trasporti announced the launch of a new fully electrified heavy road transport project, aimed at reducing emissions from road transport in Italy and advancing a more sustainable logistics system. Set to be phased in over time, the initiative will begin with two Battery Electric Vehicles, and expand to more than…

HSBC announced the appointment of Chaoni Huang as Managing Director and Head of Sustainable Finance and Transition for its Asia business. Huang joins HSBC after more than six years at BNP Paribas, most recently serving as Managing Director, Head of Sustainable Capital Markets, Global Markets APAC, and she has also held sustainable finance and ESG-related roles at firms including Natixis,…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…

UK-based clean energy tech company Octopus Energy Group announced that it will spin out its AI-powered utility technology business Kraken, alongside a $1 billion standalone investment round into Kraken, valuing the company at over $8.6 billion. Launched within Octopus Energy, Kraken provides an AI-powered operating system platform for energy utilities aimed at helping them manage networks, improve field operations, support…