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by Legal Desire
8 January 2026

Latham & Watkins Advises on US$1 Billion Investment Round in Octopus Energy Group’s Kraken, a Leading Energy-Focused Technology Unicorn

Advising firms

Deal team

8 lawyers named
LawyerFirmSeniorityPracticeOffice
John Miller Lead Latham & Watkins LLP Partner corporate Not stated
Farah O'Brien Lead Latham & Watkins LLP Partner corporate Not stated
Haim Zaltzman Lead Latham & Watkins LLP Partner corporate Not stated
Pat Argenio Latham & Watkins LLP Associate corporate Not stated
Nick Fisher Latham & Watkins LLP Associate corporate Not stated
Joe Donoso Latham & Watkins LLP Associate corporate Not stated
Karl Mah Latham & Watkins LLP Partner tax Not stated
Andrea Ramezan-Jackson Latham & Watkins LLP Partner tax Not stated

Stated terms

Stated value
USD 1bn (US$1 billion)
What the figure measures
Total transaction value
Client
Teachers' Venture GrowthInvestor
Counterparties
Kraken (Target)
D1 Capital Partners (Investor)
Fidelity International (Investor)
Durable Capital Partners (Investor)
Octopus Capital (Investor)
Octopus Energy Group (Other)