30.04.2020

Calvin to fund the rollout of Octopus Energy’s Smart Metering Programme

Calvin Capital (Calvin), part of Calisen plc, is delighted to announce that it has signed a contract with Octopus Energy (Octopus) to provide funding and MAP services for its Smart Metering programme.

Under this partnership Calvin will purchase and arrange for the installation of Octopus’ current Smart Metering requirements in the Central and Southern areas of Great Britain in order to meet the UK Government’s mandated plans for smart meter deployment over the coming years.

This is another contract win for Calvin within the rapidly growing independent supplier sector and the first new customer contract win since Calisen’s listing on the London Stock Exchange in February 2020.

“As one of the fastest growing independent energy suppliers in the UK, with an outstanding reputation for customer service and innovation, Calvin is delighted to be working with Octopus. We look forward to building on our strong relationship with a company which is at the forefront of transformation in the industry.” Bert Pijls, Calisen plc Chief Executive Officer.

Stuart Jackson, Chief Financial Officer at Octopus says, “We’re delighted to announce that we will be partnering with Calvin Capital to help deliver our Smart Meter plans. Smart Meters are fundamental in giving customers access to affordable green energy.  Octopus already has a range of exciting smart tariffs customers benefit from and our partnership with Calvin will help many more customers access these benefits.”

Calvin is based in Manchester and is one of the UK’s leading owners and operators of domestic gas and electricity meters having successfully provided support to energy suppliers’ metering deployments since 2002. Calvin Capital is wholly owned by Calisen plc which is listed on the London Stock Exchange.

Octopus Energy, established in August 2015 and headquartered in London, is an electricity and gas supplier specialising in sustainable energy. Octopus has earnt Which? magazine’s “Recommended Provider” status for the past three years and is rated 5 stars for customer service on Trustpilot.