Octopus Energy Generation has acquired Exagen Group from founder Jeremy Littman, giving it the company’s development pipeline that includes over 2.4GW of solar and energy storage projects across England.

Octopus already held an initial investment of 24 per cent, but the acquisition, on behalf of the Octopus Energy Development Partnership (OEDP) fund, managed by Octopus, gives Octopus full control and Exagen the backing to expand operations.

In the past year, Exagen has secured planning consent for 520MW of standalone battery storage projects at sites in Leicestershire and Gloucestershire. Additionally, the company has 260MW of solar and 268MW of battery storage either in planning or poised to enter planning in the coming year.

Jeremy Littman, CEO of Exagen Group, commented: “I founded Exagen to deliver and manage a robust pipeline of UK renewable energy projects with the mission of fighting climate change. Having built a talented team to drive this vision forward at pace, I am proud to pass the baton to Octopus, who will continue to deliver projects and expand the platform to new heights.”

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