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Octopus Energy Aims to Control 20% of Spain's Liberalised Electricity Market
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This is the main conclusion of the latest note by Royal Bank of Canada (RBC) headed by analyst Fernando García, who points out that Octopus Energy in Spain could pose a risk to traditional energy companies such as Iberdrola or Endesa. This result could be given if British energy reaches its target of five million customers in Spain by 2031-32. This translates into multiplying by 10 its customer base in the country. Octopus Energy’s aspirations i…
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