Octopus Energy Group Limited is a UK-based renewable and tech-driven energy company. Its main businesses are energy retail and licensing of its proprietary energy management platform to other energy suppliers. BNP Paribas advised and structured a GBP 1.1bn Guarantee and RCF facility to support the Renewables Obligation (RO) obligation through SBLC issuance. RO is a scheme that supports the deployment of renewable electricity generation in the UK in the form of Renewables Obligation Certificates.
Octopus Energy Group
BNP Paribas