Octopus Capital has raised £100 million to expand its Affordable Housing Fund, enabling the development of over 1,000 Zero Bills homes across England and Scotland, eliminating energy bills for residents for 5 to 10 years.

Investment Overview

On November 18, 2025, Octopus Capital announced the successful raising of £100 million to finance the expansion of its Affordable Housing Fund, specifically aimed at deploying Octopus Energy’s innovative Zero Bills homes across England and Scotland. This funding includes £50 million from the Scottish National Investment Bank and will facilitate the development of over 1,000 homes that promise residents zero home energy bills for a guaranteed period of 5 to 10 years.

The Zero Bills initiative, launched in 2022 by Octopus Energy, allows residents to move into homes equipped with advanced sustainable technologies, including solar panels, heat pumps, and batteries, ensuring they do not incur any energy costs during this timeframe.

Industry Overview

The affordable housing sector in the UK is currently experiencing a significant transformation, driven by increasing demand for sustainable living options. With housing shortages and rising energy costs continuing to pose challenges, innovative solutions are essential to