Octopus Energy Generation has announced a significant expansion across the continent with the acquisition of 321 MW of onshore wind capacity. The €584 million investment, made on behalf of the Sky fund (ORI SCSp), covers 17 sites across France, Germany, and Poland, providing enough clean electricity to power over 250,000 homes.
The deal reinforces Octopus’s position as a major global player in green energy, with the firm now managing over 400 large-scale renewable projects. The latest acquisitions bring its European onshore wind portfolio to 67 farms, spanning the UK, Ireland, Scandinavia, and Continental Europe.
France remains Octopus’s largest market in Continental Europe following the acquisition of 143.5 MW across 10 sites. Located in regions including Brittany, Nouvelle-Aquitaine, and Hauts-de-France, these projects consist of both operational and under-construction assets. Once fully commissioned, they will supply green power to approximately 65,000 French households annually.
In Germany, Octopus has secured four wind farms with a combined capacity of 102.5 MW. Two of these sites are already operational, while two are currently under construction across Lower Saxony, Brandenburg, Hesse, and Baden-Württemberg. This marks the company’s 15th deal in the German market, where it is rapidly scaling its presence to support the country’s “Energiewende” (energy transition) goals.
The expansion also includes 75 MW of operational capacity in northern Poland, a region known for its high wind speeds. These assets will power roughly 120,000 Polish homes and provide Octopus with a strategic pipeline for future renewable developments. The move is seen as a key step in helping Poland transition away from its historical reliance on coal toward a more diverse energy mix.
The push into onshore wind comes as the technology remains one of the most cost-effective sources of power generation. With 265 GW already installed across Europe, Octopus is calling for a faster deployment of assets to meet climate targets and bolster regional energy security.
“Europe has one of the greatest wind resources in the world. With major ambitions to build more wind farms, we’re still only scratching the surface of what’s possible,” said Zoisa North-Bond, CEO of Octopus Energy Generation.
“Amid volatile gas prices and rising geopolitical risk from wars in recent years, countries are quite rightly turning to clean energy. Decentralised renewables like onshore wind offer a faster and more secure path to energy independence and security,” she added.
