Octopus Renewables - Sale of stake Simply Blue offshore wind platform

Octopus Renewables Infrastructure Trust

31/10/2025 07:00

RNS Number : 5954F

Octopus Renewables Infra Trust PLC

31 October 2025

 

31 October 2025

 

LEI: 213800B81BFJKWM2JV13

 

Octopus Renewables Infrastructure Trust plc

("ORIT" or the "Company")

 

Sale of stake in Simply Blue's offshore wind platform

 

Octopus Renewables Infrastructure Trust plc, the diversified renewables infrastructure company, today announces that investee company, Simply Blue Holdings ("Simply Blue"), has signed a Share Subscription Agreement with Kansai Electric Power Company, Incorporated, to acquire an 80% stake in Simply Blue Energy OSW Ltd ("SBE OSW"), Simply Blue Group's offshore wind development arm.

 

The transaction follows the recent carve-out of Simply Blue's sustainable fuels business into a newly formed entity, Nova Scotia Fuels, and represents the next step in realising value from ORIT's investment in Simply Blue Group's platform business.

 

The transaction consideration is in line with ORIT's latest holding value of Simply Blue. Proceeds from the transaction will be used in part to repay the shareholder loan facility held by ORIT, with the residual value retained through ORIT's ongoing minority interest in Simply Blue.

 

Chris Gaydon, co-fund manager of Octopus Renewables Infrastructure Trust plc, commented: "This is a solid outcome in what remains a challenging market for offshore wind developers. It reinforces our confidence in the Simply Blue team and reflects the strength of the partnership with Kansai who are ideally placed to move this platform forward."

 

For further information please contact: 

 

Octopus Energy Generation (Investment Manager)
Chris Gaydon, David Bird
Charlotte Edgar (Investor Relations)
Via Burson Buchanan or
orit@octopusenergygeneration.com
Peel Hunt (Broker)
Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking)
Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris (Sales)
020 7418 8900
Burson Buchanan (Financial PR)
Charles Ryland, Nick Croysdill,Jude Stokes
020 7466 5000
Apex Listed Companies Services (UK) Limited (Company Secretary)
020 3327 9720

  

Notes to editors 

 

About Octopus Renewables Infrastructure Trust 

 

Octopus Renewables Infrastructure Trust ("ORIT") is a closed-ended investment company incorporated in England and Wales admitted to the closed-ended investment funds category of the official list and to trading on the London Stock Exchange plc's main market for listed securities, focused on providing investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets in Europe and Australia. As an impact fund, ORIT is helping accelerate the transition to net zero by investing in green energy, whilst also contributing to a broader set of UN Sustainable Development Goals through its impact initiatives. ORIT's investment manager is Octopus Energy Generation.   

  

Further details can be found at www.octopusrenewablesinfrastructure.com.  

 

About Octopus Energy Generation 

 

Octopus Energy Generation is driving the renewable energy agenda by building green power for the future. Its specialist renewable energy fund management team invests in renewable energy assets and broader projects helping the energy transition, across operational, construction and development stages. The team was set up in 2010 based on the belief that investors can play a vital role in accelerating the shift to a future powered by renewable energy. It has a 14-year track record with approximately £7.0 billion of assets under management (AUM) (as at 30 June 2025) across 21 countries and with a total 4.9 GW of capacity managed. Octopus Energy Generation is the trading name of Octopus Renewables Limited.  

 

Further details can be found at www.octopusenergygeneration.com.  

 

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