OVO Energy announces it has successfully launched and is now supplying energy to households in France and will be supplying energy to households in Spain and Australia by the end of the year.
The company has spent the last 10 years investing in the market leading technology platforms, customer service operations and digital products to take to new markets. Since receiving investment from Mitsubishi Corporation in February 2019, it is in a strong position to grow in strategically important markets undergoing liberalisation and the transition to renewable energy.
OVO recently sold its stake in German energy supplier 4hundred. It plans to re-enter the German market organically, consistent with its approach in France, Spain and Australia.