Highlights
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Octopus invests in three solar farms, including one built on a former golf course
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Move takes Octopus' Irish renewables portfolio beyond 300 MW - generating enough clean power for over 82,000 Irish homes
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Investment made on behalf of Octopus Energy Generation's Sky fund (ORI SCSp), backed by the Ireland Strategic Investment Fund (ISIF)
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Announcement comes as Greg Jackson, Founder and CEO of Octopus Energy is in Dublin to speak with EU Energy Ministers
Octopus Energy's generation arm is supercharging its clean energy activity in Ireland, investing in three solar farms generating clean power for 10,000 Irish homes.
The three solar farms - two in County Kildare and one in County Cork - are already up and running, with a combined capacity of 43 MW.
One of the Kildare projects has given a disused golf course a new lease of life, swapping fairways for solar rays and turning the land into a source of clean, homegrown energy.
The deal brings Octopus' portfolio of operational and construction renewables projects in Ireland to more than 300 MW across nine sites. Together, these can generate enough green electricity to power over 82,000 Irish homes a year.
The announcement comes as Greg Jackson, Founder and CEO of Octopus Energy, is in Dublin today to speak at a meeting with Energy Ministers from across the European Union.
Octopus, one of Europe's largest specialist energy transition investors, has been ramping up its investments in Irish renewables in recent years, backing projects that can help deliver the country's ambition to generate 80% of electricity from renewable sources by 2030.
It has invested in green energy developer Circal, which has a 1 GW pipeline of solar farms; Verde Energy Group, which is rolling out more than 50 on-site solar and storage projects to help businesses go green; and Simply Blue Group, which is helping advance fixed and floating offshore wind projects in Ireland's windy waters.
Darragh O'Brien, Minister for Climate, Energy and the Environment, said: "This investment from Octopus Energy Generation is hugely welcome as solar growth in Ireland continues to strengthen our energy security and clean electricity capacity.
"Ireland recently marked two major milestones for utility-scale solar, reaching 3 GW of installed solar capacity and setting a new record of 1.3 GW for peak solar generation at a given time on the grid.
"Octopus' expansion of their generation business in Ireland, supported by the Ireland Strategy Investment Fund, further enhances our renewables capacity, and is another important step in transforming our electricity system for homes, farms and business across Ireland.
"I'm also delighted Greg Jackson is participating in today's Informal Meeting of EU Energy Ministers. Clean, secure and affordable energy is the focus of our discussions and Octopus brings valuable expertise and perspectives to that agenda."
Zoisa North-Bond, CEO of Octopus Energy Generation, said: "Ireland has what it takes to become a clean energy powerhouse - and these solar farms will power thousands of Irish homes with green electricity. This is only the beginning, as Octopus is backing solar, wind and battery projects across Ireland to build a cleaner, more resilient energy system - cutting reliance on imported energy and getting more home-grown power into Irish homes and businesses."
The latest solar investment was made on behalf of the Sky (ORI SCSp), managed by Octopus Energy Generation, which backs renewables and energy transition infrastructure across the globe.
The Ireland Strategic Investment Fund (ISIF), the country's sovereign development fund managed by the National Treasury Management Agency, has committed £80 million to the Sky fund.
As part of its long-term commitment to Ireland, Octopus's generation arm established a Dublin office in 2023 to support its growing local investment activity.
Rebekah Brady, Interim Director of ISIF, said: "ISIF welcomes the ongoing investment activities of the Octopus Energy Generation Sky fund, in supporting the energy transition in Ireland. In April 2025, under its climate investment theme, ISIF announced that it would commit a further 1bn to climate-related investments by 2029, having previously exceeded the original 1bn target set.
"The investment in the Sky fund, through which ISIF has supported a range of renewable energy technologies across Ireland, is a good example of that programme in action and we welcome today's announcement that the fund is investing in three solar farms in Kildare and Cork, which will generate clean power for 10,000 Irish homes.
Press Contacts
Octopus Energy Group
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About Octopus Energy Generation
Octopus Energy Generation is driving the renewable energy agenda and building green power for the future. It is reshaping the market by leading the transition to a cleaner, greener future through renewable projects connected more deeply to customers and businesses. As one of Europe's largest specialist renewables investors, it manages 5.7 GW of green energy projects like wind and solar farms in 21 countries, worth £8.5bn ($11.4bn/ 9.8bn). These generate enough green power for 2.84 million homes every year.
Octopus comes up with innovative tech-enabled products to change ingrained thinking about energy, positively influence the net zero economy, deliver cheaper energy for customers and make it easier for everyone to be a part in the energy transition. This includes innovations like The Collective' - the UK's first FCA-regulated investment platform launched by an energy supplier. It allows people to invest directly in renewable energy projects', like wind turbines or solar farms, from £25. The first two projects' available shares sold out within 6 days, showing strong appetite for a new way to take part in the clean energy transition.
For more information, check out our website.
About Octopus Energy Group
Octopus Energy is a global clean energy and technology business, driving the affordable, green energy system of the future. Under its own retail brand, Octopus delivers world-class customer service and cutting-edge energy products to 11 million households globally.
The company is driving the electrification of heat and transport through smart tariffs and innovative clean tech, with operations spanning 27 countries and the entire energy value chain. It operates a £8.5 billion renewables portfolio as well as thriving EV leasing, heat pump, and solar businesses.
Backed by pension funds, investors and energy giants, Octopus Energy Group businesses deliver cheaper, greener energy and cutting-edge tech to countries and customers worldwide.
For more information, check out our website.
