Ovo Energy Ltd., the United Kingdom energy supplier, is exploring the sale of a participation in the company derived from Kaluza Ltd. With a potential assessment of more than US $ 1 billion, Sky News reported.
Arma Partners LLP, the technological advisory firm, is working with Ovo, based in Bristol, in the possible sale, according to Sky, which did not quote Fuentes. Requests for comments sent by email to Ovo and Kaluza were not answered immediately.
OVO controls 80% of Kaluza, one of the software companies that, increasingly, provides services to energy companies, such as customer billing and demand forecast. This week, the company announced an agreement to collaborate with the French company of public services ENGIE SA, which will allow you to add 20 million accounts.
Octopus Energy Group Ltd., the largest electricity supplier in the United Kingdom, It also plans to split Kraken Technologies Ltd., A software platform that helps public services companies to manage the transition to a cleaner energy, according to a statement earlier this month.
