Opus Energy

Northampton, United Kingdom Energy Acquired

Opus Energy is a UK business energy supplier providing electricity and gas to small and medium-sized enterprises (SMEs) across the United Kingdom. Founded in 2002, the company sourced renewable energy from wind, solar, hydro, and anaerobic digestion generators. Acquired by Drax Group in February 2017 for £367 million, Opus Energy became a subsidiary of the FTSE-listed energy company. The company was the second-largest provider of business gas in the UK and fifth-largest for business electricity before its customer base was sold to EDF Energy and PE.

Acquired

Opus Energy has been acquired

Acquired by Drax Group February 10, 2017 £367 million (~$483 million)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2002

Employees

500–900

Total Funding

$429M

1 rounds

Latest Valuation

$0.43B

December 6, 2016

Funding

Total raised $429M across 1 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

PE Acquisition

Date

December 6, 2016

Amount

$429M

Valuation

$0.43B

Lead Investors

Drax Group

Leadership

  • Charlie Crossley Cooke

    Founder, CEO (until 2017 sale)

  • Will Gardiner

    Acting CEO

  • Pam Conway

    Marketing and Digital Director

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • British Gas

    UK's largest gas supplier and second-largest electricity supplier; part of Centrica plc

  • EDF Energy

    French-owned energy supplier; one of UK's Big Six energy suppliers

  • E.ON Next

    Major UK energy supplier; part of German multinational E.ON

  • OVO Energy

    UK energy supplier with focus on renewables and digital solutions

  • ScottishPower

    Major UK energy supplier; part of Iberdrola group

  • Octopus Energy

    UK energy supplier with growing market share in business and domestic sectors

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Data collected with AI, which can make mistakes. Please double-check this information.