July 6, 2025 - 06:28

The UK's largest energy supplier is reportedly preparing to engage investment bankers to manage a significant £10 billion separation and stake sale for its technology arm, Kraken Technologies. This move marks a pivotal moment in the company's strategy as it seeks to streamline operations and focus on its core energy supply business.
Kraken Technologies, known for its innovative software solutions that enhance energy management and customer service, has been a key asset for the energy supplier. However, the decision to pursue a demerger reflects a growing trend among companies aiming to unlock value from their technology divisions.
Industry analysts suggest that this separation could provide Kraken with the autonomy needed to expand its offerings and attract new investment, while allowing the parent company to concentrate on its primary market. As the energy sector continues to evolve, this strategic shift could position both entities for future growth and success in an increasingly competitive landscape.
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